WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The ...
Read more
Comments Off on 401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000
Money
Monsters under the bed aren’t the only thing keeping older adults awake at night. So are fears about retirement, and for good reason. Retirement isn’t cheap; it can ...
Read more
Comments Off on Home Retirement Retirement-planning Sleep Better in 2025: Slay These Four Retirement Fears
Key Takeaways The earlier you start, the more time the power of compounding will have to work in your favor. At a 7% annual return, investing just $50 ...
Read more
Comments Off on 10 Tips for Retirement Investing
Now that Donald Trump has been elected president, many individual investors are wondering what that means for their money. The markets rallied last week on news of Trump’s win, with the Dow Jones ...
Read more
Comments Off on Here’s what a new Trump administration could mean for your money, financial advisors say
Key Takeaways Sources of retirement income include Social Security, retirement accounts, pensions, dividends and employment wages. Retirees can expect to spend 70% to 80% of their pre-retirement income ...
Read more
Comments Off on What Is a Good Monthly Retirement Income?
Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all ...
Read more
Comments Off on Life Span, Health Span, Wealth Span: A More Expansive Approach To Retirement Planning
Annuities are better bargains if you purchase them right before interest rates decline. But if you’re worried that inflation could climb significantly higher, they may still be a ...
Read more
Comments Off on How to get inflation-protected income that carries you through retirement
To effectively plan for your retirement, experts say, you need to watch your savings rate and total nest egg. But how much you really need to have set aside depends on ...
Read more
Comments Off on How long you may live is one of retirement planning’s biggest unknowns. How experts say to get the best estimate
Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all ...
Read more
Comments Off on Life Span, Health Span, Wealth Span: A More Expansive Approach To Retirement Planning
A fixed index annuity is one of the best strategies for generating low-risk cash flow in a volatile economy, some experts say. Once an investor locks in the current ...
Read more
Comments Off on 7 High-Return, Low-Risk Investments for Retirees
