Remember way back to your first paycheck. The moment you open the envelope anticipating the windfall when all your hard work pays off. Then, like a swift kick to your gut, realty hits. Your takeaway earnings are almost always way lower than what you expected.
Have you thought about retirement this week? With the stock market closing at record highs, perhaps you are reviewing your year-end statement and admiring your progress with smiles all around. Or, maybe you are saying to yourself, "This is the year I will start saving for my retirement.
This month I have received several phone calls from adults dealing with student loans. The conversation usually goes to that place "if only I had known...I would have, could have, should have." Particularly hard pressed are the ones in the workforce earning less than $30,000 a year in a high cost of living area.
Nearly every day, we’re told that saving is the key to financial success. But for many, living paycheck to paycheck isn’t just unavoidable but a reality faced every month. But there is hope, and there are many easy to use tools to help you make your financial goals a reality.
Until recently, many retirees have been able to rely upon the three-legged stool of retirement income sources: A defined benefit pension plan that guarantees a lifetime income, their own savings, and Social Security.