#retirement-savings
#retirement-savings

Marketing tech

Stock Market Sell-Off: 2 Growth Stocks to Buy Hand Over Fist | The Motley Fool

Market volatility offers buying opportunities for long-term investors; stocks like Meta are well-positioned for growth despite current dips.

Cryptocurrency

All-In on QQQ? These 3 ETFs Offer a Smarter Path to Growth

The Invesco QQQ ETF has strong historical returns but investors should consider diversification due to recent market volatility.

Cryptocurrency

1000-Point Market Swings Signal Danger: Boomers Should Move to 5 Guaranteed Dividend Investments

Market fluctuations raise concerns, especially for older investors, indicating potential economic instability and financial losses.

fromThe Motley Fool

Marketing tech

Stock Market Sell-Off: 2 Growth Stocks to Buy Hand Over Fist | The Motley Fool

Market volatility offers buying opportunities for long-term investors; stocks like Meta are well-positioned for growth despite current dips.

Cryptocurrency

All-In on QQQ? These 3 ETFs Offer a Smarter Path to Growth

The Invesco QQQ ETF has strong historical returns but investors should consider diversification due to recent market volatility.

more#market-volatility

#investment-strategies

Startup companies

If You're Counting On A 401(K) For Retirement These Are The Mistakes To Avoid First

Avoiding high fees and borrowing against a 401(k) can significantly impact your retirement savings.

Maximize employer contributions in a 401(k) before transitioning to an IRA to minimize fees.

Retirement

3 tips to balance your short-term and long-term savings goals

Balance saving for short-term goals without neglecting long-term investments, as compounding plays a crucial role in financial growth.

Retirement

Is $10 Million the New Baseline for a Care-Free Retirement in America?

Aiming for a $10 million nest egg may be necessary for a secure retirement.

Retirement

I'm 40 with a $68,000 401(k). Am I doomed for retirement?

$68,000 in retirement savings by age 40 isn't ideal, but with time and strategy, it's possible to catch up before retiring.

Miscellaneous

Americans in Their 50s Think They Need This Much to Retire Comfortably

Gen X believes they need $1.56 million for retirement, highlighting a cautious approach to financial security.

Miscellaneous

I just bought a house and I'm considering easing up on my retirement savings - is this a bad idea?

Temporary reductions in retirement savings for home expenses may be acceptable.

Keep housing costs manageable to avoid long-term financial pressure.

Maximize employer 401(k) matches regardless of savings adjustments.

Startup companies

If You're Counting On A 401(K) For Retirement These Are The Mistakes To Avoid First

Avoiding high fees and borrowing against a 401(k) can significantly impact your retirement savings.

Maximize employer contributions in a 401(k) before transitioning to an IRA to minimize fees.

Retirement

3 tips to balance your short-term and long-term savings goals

Balance saving for short-term goals without neglecting long-term investments, as compounding plays a crucial role in financial growth.

Retirement

Is $10 Million the New Baseline for a Care-Free Retirement in America?

Aiming for a $10 million nest egg may be necessary for a secure retirement.

Retirement

I'm 40 with a $68,000 401(k). Am I doomed for retirement?

$68,000 in retirement savings by age 40 isn't ideal, but with time and strategy, it's possible to catch up before retiring.

Miscellaneous

Americans in Their 50s Think They Need This Much to Retire Comfortably

Gen X believes they need $1.56 million for retirement, highlighting a cautious approach to financial security.

more#investment-strategies

Miscellaneous

I just bought a house and I'm considering easing up on my retirement savings - is this a bad idea?

Temporary reductions in retirement savings for home expenses may be acceptable.

Keep housing costs manageable to avoid long-term financial pressure.

Maximize employer 401(k) matches regardless of savings adjustments.

Should You Stop Saving for Retirement and Hoard Cash?

Stay committed to retirement savings amidst market uncertainty; invest in quality stocks while prices are low.

Bootstrapping

Is Contributing to a 401(k) Worth It on a $32,000 Salary? Here's What I Discovered

Investing for retirement is essential, regardless of salary.

Employer 401(k) matching is free money and should be utilized.

An emergency fund should be built before investing.

Every cent saved contributes to retirement.

Retirement

How to Build Wealth Without a Six-Figure Salary - What Actually Works

Financial discipline can lead to wealth, even on a lower salary.

Investing early is crucial for effective wealth accumulation.

Six-figure earners are not guaranteed a comfortable retirement.

Retirement

I just discovered my 401(k) has a hidden clause forcing half into an annuity if I die - is this normal?

Understanding your employer's retirement plan is crucial to ensure optimal investment and savings strategies.

Parenting

We're 34 and 32 with a $2.5 million net worth - when is the right time to set up a trust for our child?

Prioritize your own financial needs while planning for your children's future.

Should You Stop Saving for Retirement and Hoard Cash?

Stay committed to retirement savings amidst market uncertainty; invest in quality stocks while prices are low.

Bootstrapping

Is Contributing to a 401(k) Worth It on a $32,000 Salary? Here's What I Discovered

Investing for retirement is essential, regardless of salary.

Employer 401(k) matching is free money and should be utilized.

An emergency fund should be built before investing.

Every cent saved contributes to retirement.

Retirement

How to Build Wealth Without a Six-Figure Salary - What Actually Works

Financial discipline can lead to wealth, even on a lower salary.

Investing early is crucial for effective wealth accumulation.

Six-figure earners are not guaranteed a comfortable retirement.

Retirement

I just discovered my 401(k) has a hidden clause forcing half into an annuity if I die - is this normal?

Understanding your employer's retirement plan is crucial to ensure optimal investment and savings strategies.

Parenting

We're 34 and 32 with a $2.5 million net worth - when is the right time to set up a trust for our child?

Prioritize your own financial needs while planning for your children's future.

more#financial-advice

Don't let them sue: What private-equity bosses want from Trump on 401(k)s

Slow adoption of private-equity investments in 401(k) due to concerns over litigation risks.

Industry leaders seek legal protections to promote alternative assets for retirement plans.

Retirement

Should you worry about the stock market tanking your 401(k)? Here's what to know

Market fluctuations can cause anxiety about 401(k) savings, critical for retirement, especially for older Americans.

Business

My mother is 71 and wants to withdraw her entire 401(k) by January 2025 - is this advisable?

Many workers have not fully utilized the benefits of 401(k) retirement programs, leaving many retirees with insufficient savings.

Miscellaneous

Do You Know More About Your 401(K) Than Other Americans?

The SECURE 2.0 Act will significantly increase the catch-up contribution limits for individuals aged 60-63 in 401(k) plans.

Miscellaneous

Dave Ramsey says any claim that a 401(k) is a scam are "ridiculously ignorant statement" - and he's spot on

A 401(k) is a legitimate and powerful wealth-building tool, contrary to some criticisms.

Business

Do You Know the Answers to These Basic 401k Questions?

401(k) accounts offer tax benefits and compound interest growth, making them a key tool for retirement savings.

fromBusiness Insider

Don't let them sue: What private-equity bosses want from Trump on 401(k)s

Slow adoption of private-equity investments in 401(k) due to concerns over litigation risks.

Industry leaders seek legal protections to promote alternative assets for retirement plans.

Retirement

Should you worry about the stock market tanking your 401(k)? Here's what to know

Market fluctuations can cause anxiety about 401(k) savings, critical for retirement, especially for older Americans.

Business

My mother is 71 and wants to withdraw her entire 401(k) by January 2025 - is this advisable?

Many workers have not fully utilized the benefits of 401(k) retirement programs, leaving many retirees with insufficient savings.

Miscellaneous

Do You Know More About Your 401(K) Than Other Americans?

The SECURE 2.0 Act will significantly increase the catch-up contribution limits for individuals aged 60-63 in 401(k) plans.

Miscellaneous

Dave Ramsey says any claim that a 401(k) is a scam are "ridiculously ignorant statement" - and he's spot on

A 401(k) is a legitimate and powerful wealth-building tool, contrary to some criticisms.

Business

Do You Know the Answers to These Basic 401k Questions?

401(k) accounts offer tax benefits and compound interest growth, making them a key tool for retirement savings.

What I Wish I Knew Before Setting Up a 401k: Lessons from My Small Business Experience

Offering a 401(k) plan is essential for small businesses to retain employees and promote retirement savings.

3 Reasons You Should Be Saving for Retirement in a Roth IRA

Roth IRAs allow tax-free investment gains and withdrawals, providing significant advantages for retirement savings.

If I Retire Early, Do I Have To Leave My Whole 401(k) Untouched?

Early 401(k) withdrawals incur penalties unless under certain conditions, such as the Rule of 55.

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Can I Use My 401(k) to Buy a House? Yes, Here's How

Using a 401(k) to buy a home is possible but fraught with risks.

There are two primary options: 401(k) loans and withdrawals, each with specific conditions.

Bootstrapping

How I Discovered the Bank Balance Needed to Retire at 67 with Zero Contributions

Investing early facilitates compound growth, leading to substantial retirement savings by age 67.

Specific investment targets vary by age to achieve a $1.2 million nest egg by retirement.

Retirement

29 and Saving $46k on $113k Household Income: Am I on the Right Track for Financial Freedom?

A 40% savings rate significantly surpasses the typical 15-20% recommendation, indicating strong financial discipline.

Miscellaneous

4 Reasons the Roth IRA Might be the Most Powerful Retirement Account of All Time

Roth IRAs offer tax-free growth and withdrawals, making them a flexible retirement savings tool.

Roam Research

3 Reasons You Should Be Saving for Retirement in a Roth IRA

Roth IRAs allow tax-free investment gains and withdrawals, providing significant advantages for retirement savings.

If I Retire Early, Do I Have To Leave My Whole 401(k) Untouched?

Early 401(k) withdrawals incur penalties unless under certain conditions, such as the Rule of 55.

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Can I Use My 401(k) to Buy a House? Yes, Here's How

Using a 401(k) to buy a home is possible but fraught with risks.

There are two primary options: 401(k) loans and withdrawals, each with specific conditions.

Bootstrapping

How I Discovered the Bank Balance Needed to Retire at 67 with Zero Contributions

Investing early facilitates compound growth, leading to substantial retirement savings by age 67.

Specific investment targets vary by age to achieve a $1.2 million nest egg by retirement.

Retirement

29 and Saving $46k on $113k Household Income: Am I on the Right Track for Financial Freedom?

A 40% savings rate significantly surpasses the typical 15-20% recommendation, indicating strong financial discipline.

Miscellaneous

4 Reasons the Roth IRA Might be the Most Powerful Retirement Account of All Time

Roth IRAs offer tax-free growth and withdrawals, making them a flexible retirement savings tool.

more#financial-planning

Germany news

fromThe Local Germany

'I store cash at home': Why Americans in Germany struggle to save for retirement

US citizens in Germany face unique challenges in saving for retirement due to taxation and banking complications.

The Foreign Account Tax Compliance Act (FATCA) creates hurdles for American clients in German banks.

fromDigital Insurance

Family caregiving responsibilities impact women investors' careers, Nationwide

Economic uncertainty and caregiving duties hinder women's retirement savings across generations.

fromwww.nytimes.com

Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.

Victims of online scams face surprising and burdensome tax liabilities after draining retirement savings to fraudsters.

Should We Pull Money From Our 401(k) to Eliminate Our Credit Card Debt?

Consider the long-term costs of withdrawing from retirement accounts to pay down debt.

Business

These are Baby Boomers Top Financial Priorities

Baby Boomers prioritize retirement savings, debt repayment, and building emergency savings as they approach retirement.

Should We Pull Money From Our 401(k) to Eliminate Our Credit Card Debt?

Consider the long-term costs of withdrawing from retirement accounts to pay down debt.

fromwww.independent.co.uk

Business

These are Baby Boomers Top Financial Priorities

Baby Boomers prioritize retirement savings, debt repayment, and building emergency savings as they approach retirement.

I've Socked Away $3M For Retirement, 20 Years Ahead Of Schedule, But Still Can't Get Comfortable Spending

Fear of spending money stems from upbringing despite having substantial savings.

UK news

New DWP tool will help savers recover lost pensions worth 9,000 on average

The Pensions Dashboard will help people efficiently track their pensions and combat the rising problem of lost pension pots.