Savings

The Cash Flow Waterfall

A Breakdown of the FAANG FIRE Savings Prioritization Waterfall...

Want to Save More? Stop Making These 20 Financial Mistakes Now 

Saving money isn’t complicated, but a lot of people still struggle with it. Paychecks come in, bills get paid, and somehow, there’s never enough left over. The problem isn’t always i...

What Is a Portable Retirement Plan and Should You Have One?

Portable Retirement Plans allow employees to take their retirement savings with them when they change jobs without losing their accumulated savings....

How To Use A Mega Backdoor Roth For The Max Tax-Free Retirement Income

You should check out the mega backdoor Roth tax-planning strategy. The huge life time tax savings can improve the health of your retirement income....

How to Help Shield Your Retirement From Inflation

Picking the right investments at the right time can help ensure inflation won't flatten your retirement savings. Here are some tips....

18 Frugal Habits Boomers Should Rethink in Retirement

Retirement should be about enjoying life, not obsessing over every dollar. Old habits die hard, and for good reason, many Boomers built their wealth through smart saving. But not every frugal move is ...

What’s the impact of having more than you need?

Hey all, I’m a few years out from retirement and I’m paying off things, saving for the insurance shortfall until Medicaid kicks in, etc. I’m throwing most of my “extra” m...

401(k) Tax Implications: What You Need to Know

When it comes to saving for retirement, it may be not just about how much you save – it may be about how much you get to keep. Understanding 401(k) tax implications may help you maximize your sa...

The Golden Window: A Top Tax Strategy for the Right Retirees

Maximize your retirement savings and minimize your tax burdens by taking advantage of the strategic 'Golden Window' before Social Security and RMDs begin....

Roth or Traditional? Seven Considerations for High Earners

Retirement savings and taxes are a minefield — and the higher your income, the more complicated the options. Use these tips to find your way forward....

Here's How To Make $1 Million Last Longer In Retirement

Even with $1 million in savings, you’ll need to plan smart to have a financially secure retirement....

11 Ways to Invest in Your Child’s Future

When it comes to your child’s future, the goal is about more than just setting up a savings account or ... Read more...

Wow, have you seen the stock market lately?

And by lately, I mean the past several years or more. The value of the S&P 500 index of stocks, where most of us hopefully have a good chunk of our retirement savings stashed into index funds, is ...

A Tax Strategy Now Helps Make Retirement Less Expensive Later

Knowing what your three tax buckets are and how to move savings from the tax-deferred bucket to the tax-free bucket can make a big difference in retirement....

Are You a High-Income Earner? Three Unexpected Reasons to Save More Than You Think You Should

High-income earners sometimes put off saving because they think they have plenty of time and money to do it later. That's not always the case, though....

Three Common Cash Flow Mistakes and How to Fix Them

Better cash flow management could have a bigger impact on your retirement savings than simply making more money. Here's how to manage that....

Money changes to expect in 2025

2025 presents an array of opportunities for people to strengthen their financial futures. New policies will go into effect that are designed to help those approaching retirement maximize their savings...

50 days to go and I’m still uncertain

I am approaching 61 (in a few months) but I’ve achieved my savings goal which should prove a moderate to comfortable lifestyle according to Australian retirement standards. I also am eligible as...

These Two Issues Are Critical to Efficient Retirement Planning

You're saving hard for retirement, but if you're not thinking ahead about taxes and the cost of health care, your savings — and your legacy — could be at risk....

Retire in Costa Rica With These Three Tax Benefits

Costa Rica may be a good place for retirement if you like the low cost of living and savings for your heirs....

Being pushed into retirement and the emotional toll

I work for a large organization that is facing some financial challenges. They have identified employee categories and roles that can be targeted for reduction and cost savings and I fit the criteria....

How to Stop Ageism From Tanking Your Retirement

More older workers report instances of ageism. Here's how you can stop age discrimination before it affects your career and retirement savings....

How HSAs pay off in retirement — with caveats

A client's immediate health needs make saving their accounts until they're 65 or over a difficult endeavor, and the accounts carry some highly specific rules....

You've Saved for Retirement: Now You Need a Safe Income Plan

You can't control the markets, but you can control how you withdraw your money. A comprehensive distribution plan can do wonders to help your savings last....

Downsize in Retirement With 2025 Tax Benefits: Three Key Strategies

Downsizing retirees may benefit from tax savings, lower utility bills, and freed-up income. But could a new presidency impact your home sale?...

Five Steps to Answer Your Million-Dollar Retirement Question

Are you saving enough to live comfortably in retirement? Here are the steps you can take now to find out if you're on track or need to adjust your savings....

How New 529 Plan Rules Can Help with Retirement Planning

Starting in 2024, 529 plan owners now have the option to use excess 529 plan funds to jumpstart the retirement savings of their beneficiaries....

Where do the biggest spenders live? Connecticut tops the list at $7,068 monthly

While American consumers are feeling more optimistic, spending varies across the map depending on income, cost of living, savings habits, and other factors....

The 50-30-20 budget rule explained

The 50-30-20 rule is a percentage-based budget approach. Learn more about how it works and why it's such a popular approach to spending and saving....

The average 401(k) balance by age

The 401(k) is one of the most common investment vehicles to save for retirement. See how your long-term savings stack up....

Here’s A Safe, Simple Withdrawal Rate For Retirees In 2025

Choose an effective strategy to withdraw from your savings in retirement to help you sleep at night and better enjoy your retirement years...

Buckle Up: Five Risks to Avoid on the Road to Retirement

As retirement approaches, keep an eye out for the last remaining bumps in the road that could put a serious dent in your hard-earned savings....

Adjusting my mindset from will I have enough? to Yes! I can retire.

I'm 62 (will be 63 on the 1st) and I have worked for the same company the last 22 years. When I started there I felt waaay behind on retirement saving and had just bought my house so had a 30 year mor...

Earn Active Income For Wants, Use Passive Income For Needs

When you reach financial independence or retirement you may eventually experience a sense of emptiness. After years of hard work, aggressive saving, and smart investing, you might feel a letdown becau...

Employees Reflect on Financial Wellbeing this Holiday Season

Older workers share key financial lessons like saving for retirement earlier, maximizing…...

More People Are Approaching Or Already In Retirement With Deep Debt

Swelling debts of people age 60 and older make it hard for them to save for retirement — and may require some of them to tap their savings sooner than they thought....

Why People Are Deciding To Unretire And The Benefits Of That Choice

Reasons for unretirement range from underestimating your savings, to being bored and craving mental stimulation, to looking to benefit society....