Archive for January, 2018

Getting the Message: Younger 
Workers “Crushing It” 

Tuesday, January 30th, 2018

When it comes to saving, workers under the age of 52 seem to get it. Millennials and Gen Xers seem to be acting on the message that saving for retirement should be a priority.

Among this group, those who are saving 90% or more of the maximum allowed by the Internal Revenue Code in their 401(k) account say retirement is one of their main savings goals. In fact, more than twice as many pointed to retirement as their savings goals than said the same about raising a family, which came in at 40%.

What To Know About Medicare Eligibility

Tuesday, January 30th, 2018

Many have said they look forward to the day Medicare takes over all of their health care expenses in retirement. Others are concerned because they understand they will still have health care costs once they retire. (more…)

Eight Habits Of A Wealthy Person

Monday, January 15th, 2018

Lots of articles are being written that clearly show the rich are getting richer. They also describe how the middle class [meaning the majority of us] are working harder and longer than we did a decade ago but, ironically, have less disposable monthly income. There is an ever-expanding gap between the wealthy and the middle class, and the increasing number of “have nots” is never a good sign for the economy. (more…)

Mixing It Up: Income Planning

Tuesday, January 9th, 2018

Here’s a primer on how to tap various sources of income in retirement.

To enjoy a long and comfortable retirement, you may need to balance multiple types of income streams in your retirement portfolio. This could help you achieve the most advantageous mix of investment growth, income and tax control that’s appropriate to your risk tolerance, income horizon and goals. These streams can come from the following types of investments:


Choosing Investments in Your 401(k)

Tuesday, January 2nd, 2018

Five guidelines to use when selecting funds for your plan.

When you participate in a 401(k) plan at work, or a 457 or 403(b) plan if you work at a non-profit or government agency, you are responsible for choosing investments in your plan from a range of stocks, bonds and mutual funds selected by your employer. Here are five helpful tips to do that: (more…)

Financial Wellness Reaching Majority Status

Tuesday, January 2nd, 2018

Your company is likely among the majority that not only want to help employees with their non-retirement financial matters but also are offering tools to make it happen. That statement can be made with some degree of confidence, because according to the Aon Hewitt 2017 Hot Topics in Retirement and Financial Wellbeing report, 59% of employers recently asked said they are very likely, with another 33% moderately likely, to focus on overall financial wellbeing among employees. That’s a very strong showing of more than 90%. Helping employees take charge of their financial lives isn’t a new idea, of course. But it seems to be gaining more popularity each year; 60% of organizations say they believe financial wellness has increased in importance within their organizations in the last two years. (more…)