"There is an old saying: 'The best way to keep from running out of money in retirement is to keep making money,'" says Jim Penna, senior manager of retirement services at VectorVest Inc. “Basically, that means you can invest wisely and prudently to continue to generate income in retire...
Planning Retirement Income in Australia: Routes through the Maze Individual retirees face a daunting task when they consider how best to invest their accumulated superannuation account and non-superannuation savings. Thi... ME Atkinson,J Creedy,DM Knox - 《Australian Economic Review》 被引量: 20发表...
Depending on that and the kind of life we want to live in our retirement, we can choose whether to invest in a private pension or not or change our current jobs to increase our income to get a higher pension rate. For example, Swedish elderly care is largely funded by municipal taxes ...
Leigh and her husband are three years away from retirement. They have an extra $50,000 in income this year and plenty of options for where to invest this money. Which one is the best? Former financial planner Joe Saul-Sehy joins me to answer these questions on today’s episode. Enjoy!
How to Invest Inheritance for Nice RetirementRebecca Lake
and CEO of Key Wealth Partners LLC in Litilz, Pa.“The cost of living is increasing every year—especially healthcare expenses. People are living longer and want to thrive in retirement. Retired adults need more income for a longer time, so they will need to save and invest accordingly.”...
variable annuities only.9On the other hand, individual retirement accounts can hold a wide range of investments, including stocks, bonds, mutual funds, and real estate.7Annuities are also known for their often-high fees, soIRAs are likely to be a more economicalway to invest for retirement....
If there's still a savings gap as you near retirement, you might want to explore working a little longer or working part time during retirement. "If you need to save more, even a 1% increase can mean a lot over time," he says. Whatever you save and invest today for the long term ...
In fact, in my company's 401(k), this is the only fund that I hold. I automatically invest 5% of my paycheck each month (which our company matches 100%) and it automatically buys this fund. All in all, target date funds are another great way to passively invest for retirement. ...
Even if you got a late start on your nest egg, you can still take steps to ensure a comfortable retirement.