What Gen X Should Know About Retiring Gen Xers still have some time – but not a ton – to plan for retirement. Brandon RenfroOct. 1, 2024 Gen Xers Catching up on Retirement Gen Xers still have time to maximize retirement contributions, educate themselves about finances and plan carefully ...
investments— ideal for retirement and building wealth — offer higher returns but you’ll need to deal with their ups and downs, whileshort-term investments— best for immediate needs like an emergency fund or a down payment for a house — are typically safer with a lower average rate of ...
How do you know which annuity rates you find on the internet are the best for what you have in mind as you plan your retirement?The answer is there's no way to compare the different annuity rates you find on the internet unless you understand the six main types of annuities these rates...
However, whether a cash management account is the best option depends on your financial goals and time horizon. For longer-term goals, such as your retirement fund, investing in the stock market is likely a wiser choice so you can take advantage of market growth. “If [your] money is si...
10 of the Best REITs to Buy for 2025 REITs are a great way to add real estate to your investment portfolio. Wayne DugganNov. 8, 2024 Best Mutual Funds to Buy Now Traditional mutual funds still offer compelling and effective investment strategies. ...
The Motley Fool review's opinion of mutual funds is that they are a good investment for those who are looking to save for retirement or other long-term goals. The review notes that mutual funds offer diversification and professional management, which can help investors minimize risk and maximize...
Still, it's wise to explore alternatives before you borrow against such a vital asset as your retirement funds. Get a 0% APR credit card If your credit is in good shape, you could qualify for a 0% APR credit card. This type of card allows you to avoid interest charges on new ...
A great way to see this adjustment process in action is by looking at the glide paths of target-date funds, such as Vanguard’s. The glide path shows how the fund reduces its risk as investors approach retirement. If you aren’t sure how to set your own asset allocation, you can use...
If a traditional raise isn’t possible for your employer, consider proposing an increase to your paid vacation, paid healthcare, child care subsidies, measurable performance bonuses, retirement benefits, and other forms of compensation. Factors That Affect Raise Percentages Pandemics and special circumst...
Funding an IRA during retirement has both benefits and drawbacks. And there's no hard-and-fast rule about whether it's a good idea. After all, it all depends on your financial situation, so it's up to you to decide whether contributing to your account after you retire is the right mov...