I recently heard an executive of one of the nations largest home builders say, “With interest rates so low, consumers are looking to buy much
Tag: saving for retirement
Who Pays More if We Raise the Social Security Payroll Tax CapÂ
The fact is that eliminating the cap on taxable wages does not solve the long-term funding problem facing Social Security, but that does not mean
I lost 2/3 of my inheritance in risky investments
I recently listened to a radio investment advisor show. A young woman called seeking advice. In 2007 she inherited $30,000 and was encouraged to invest
Millennials’ new retirement number? $1.8 million (or more!)
Millennials have more than enough financial worries. Now they can add about 2 million more to their list. Source: Millennials’ new retirement number? $1.8 million
Saving for retirement; not a top priority for manyÂ
What are Americans thinking? How are Americans setting their financial priorities? Do we need a better way to assure reasonable retirement ala expanded Social Security
How much should I save for retirement?
Good question. According to the “experts,” you need to save 15% of your income (including any employer contribution). This assumes you will retire at age
