One of the most stressful parts of retirement is the need to project costs in the future. If retirement ends up costing more than you thought, you could be in a very difficult place financially and be forced to choose between spending less or running out of money. To protect against this, save and invest… Continue Reading
Prior studies have shown that millennials are better than previous generations at saving for retirement and even putting money away for their children’s education. As this generation begins to purchase homes and start families, as well as care for their aging parents, they are planning for the future in an impressive way. A recent study… Continue Reading
Younger people who are saving for retirement tend to rely mostly on stocks. While stocks are a risky investment vehicle, people who are younger have time for their portfolios to recover should something happen in the market. Moreover, accepting higher risk provides a greater chance of larger returns, so the portfolio can grow quickly. As… Continue Reading