Eliminating some unnecessary expenses and keeping an eye out for ways to save can help keep precious dollars at home.
The golden years of many retirees have been tarnished by low returns on investments and smaller nest eggs than they’d hoped. Meanwhile, longer life spans, increased expenses — particularly rising health care costs — plus a volatile stock market and low interest rates on savings have baby boomers facing tough choices.
Continue reading… “Cutting costs a new pasttime for retirees”
Raiding retirement accounts can have significant consequences.
Many Americans struggle to pay the monthly bills and are feeling less secure about their finances. A Bankrate.com study released this week shows nearly one in five Americans (19 percent) admit raiding their retirement accounts during the past 12 months to cover expenses.
Continue reading… “1 in 5 Americans are Raiding Their Nest Eggs”
Michael Amstein unlocked $100,000 from his 401(k) to start a cookie shop
Don Poffenroth paged through a magazine on a flight several years ago when an article grabbed his attention: Entrepreneurs could use 401(k) savings to start a business without getting hit by taxes and early-withdrawal penalties.
Continue reading… “Entrepreneurs Using 401(k) Savings to Start Businesses”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.