Consumer News Are You Putting Off Saving For Retirement

Her Retirement Advisor Told Her To Save Less For The Future And Enjoy Life More. Should She Listen To This Advice?

A 37-year-old woman recently turned to Reddit’s r/personalfinance for help after a workplace retirement advisor told her to stop saving so much for retirement and start enjoying her life more. She ... Read More

Are You Saving Too Much for Retirement? Know These Surprising Downsides

Saving can be intoxicating. Watching the balance grow and compound can make you want to save more. It could also cause you to think twice before you spend, if it means you can funnel more money into ... Read More

Worried You'll Run Out of Retirement Savings? Here's What to Do

To be able to take a decent sum out of your retirement account each year, that money needs to be invested strategically. You may be inclined to move out of stocks completely in retirement to unload ... Read More

The IRS Set New IRA Contribution Limits—Would You Be Prepared for Retirement If You Saved That Much Every Year?

How much would you have by age 67 if you contributed $7,500 to your IRA every year starting at age 27? And is it enough to retire or should you save more? Read More

Should You Use Savings to Cover Early Retirement Expenses to Delay Social Security?

Delaying Social Security past full retirement age could result in larger monthly checks. If you don't want to work longer, you may have savings you can use to cover your early retirement expenses. Read More

Are You Saving Enough for Retirement? See How Your Contributions Compare to Others Like You

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ... Read More

Nearly half of Americans ‘aren’t ready to retire’, study reveals — here’s why making a plan for income in retirement is crucial for your golden years

Having a plan really does pay off. Research from T. Rowe Price found that individuals with a formal financial plan had two to four times more wealth when entering retirement compared to those without ... Read More

1Her Retirement Advisor Told Her To Save Less For The Future And Enjoy Life More....

In the end, the advice she received from Reddit was that if she’s comfortable with her lifestyle now, there's no harm in continuing what she's doing. But if she wants to travel more or increase day-to ... Read More