Set a deadline for your goal, such as the age at which you want to retire, or the timeline for buying a new house.Identify your time frameCategorizing your objectives by short-term, medium-term, and long-term financial goals provides focus to your plan. It also helps you match your goa...
If you have a 401(k) loan, pay it off as soon as possible. Otherwise, you're putting your short-term needs ahead of your long-term goals. The purpose of a 401(k) is to save for your retirement, and if you borrow from this account, it may lead to your retirement be...
3. Assess when, how and if you plan to retire.Many of us want to keepworking beyond a traditional retirement agefor the mental engagement as well as themoney. You might be thinking of retiring from a primarycareerand launching an encore one or even starting a business. Once a year, thin...
Raises offer an opportunity to boost the amount you are saving for retirement without reducing your take-home pay. The next time you get a pay increase, consider tucking a portion of it into aretirement accountwhere it can grow. “Compound interest, no matter how small the amount, is a...
If it becomes clear that forgiveness won’t happen, the Plan B fund can be used to put a huge dent in the debt balance. If forgiveness does work out, the Plan B fund can be used as a huge head start toward retirement. Refinance and Build a 401(k) or IRA ...
5. Create a savings goal—and go for it Another one of the key tips for saving for retirement is to target asavings planoutside of your comfort zone. Having a specific goal in mind can motivate you to take the necessary steps to get there. It can also help you hold yourself accountabl...
401(k) and Retirement Help employees save for retirement and reduce taxable income. Employee Benefits Offer health, dental, vision and more to recruit & retain employees. Business Insurance Comprehensive coverage for your business, property, and employees....
To get started, consider these 5 ways that HSAs can help fortify your retirement. 1. Understand the triple tax advantage and how HSAs work You can save in an HSA if you are enrolled in an HSA-eligible health plan at work or in the private and public marketplaces. Most people think ...
It is never really too late for you to increase savings and plan for retirement, unless you have already retired. Here are five ways to step up your retirement savings today. 1. Take advantage of all benefits through your employer. Your employer likely has benefits to encourage you to s...
Our calculators are here to help you analyze your numbers and ensure you're on the path to meeting your financial goals. For a comparison of IRAs and which one aligns with you: IRA Calculator Plan for your retirement: 401K/403b Calculator Compare annuity payouts to create your desired strateg...