Posts with the category ‘Retirement’
By Rebecca Lake Executives and other key company employees who are hoping to expand their retirement assets beyond their 401(k) or IRA may find the answer in a supplemental retirement plan (SERP). This kind of non-qualified deferred compensation plan is designed to offer additional retirement benefits once you’ve reached the maximum contribution limits allowed by other qualified plans. Understanding their structure and function can help you decide whether a supplemental plan fits with your overall retirement strategy. Read more: Should… Read More
Prepared by Broadridge Investor Communication Solutions, Inc. When investing for retirement, you’re likely to hear a lot of well-meaning guidance from family, friends, and others offering advice–even the media. As you weigh the potential benefits of any commonly cited investment rules, consider that most are designed for the average situation, which means they may be wrong as often as they’re right. Although such guidance is usually based on sound principles and may indeed be a good starting point, be sure… Read More
By Emily Guy Birken Here you are, five years from retirement. The reality of the end of your career is finally hitting home, but you may not feel completely ready to quit work yet. But with adequate planning and preparation, it is possible to feel confident about your life and finances as you approach retirement. Here are five goals that most workers should plan on reaching when they are five years from retirement. Read more here.
By Andrea Cannon Are you concerned that you aren’t saving enough for retirement? Well, you’re not alone. In fact, more than one-third of Americans haven’t started investing for retirement yet. About 75% of Americans over the age of 40 are also behind on their retirement savings, so it’s time to break the statistic. We’ve come up with some common warning signs that you may not be saving enough and need to increase what you’re investing. Read more here.