You need to save between 12% and 14% of your gross income throughout your career to secure at least a 90% chance of retirement success, according to Russell Investments Research Report.
The goal is to be honest with yourself so you can be prepared for the challenges and ready to take advantage of the opportunities.
If you diligently saved (invested) from age 22 all the way through age 57, the final decade of your work career should be a snap.
Mere minutes after raising my glass in celebration of my dear friend’s new job, I was on the verge of ordering another round to drown my dismay. He had just made a $713,000 mistake, and had no idea. I’m not normally a judgmental friend when it comes to money, despite what you might think, but […]
Pushing the limits of housing affordability will compromise the rest of your financial life, as it drives up utility, maintenance, taxes and insurance expenses.
I guarantee, you utilize less than 60 percent of the functionality of your financial adviser, and you suffer for it. The stakes are high. It matters.
There are only two successful retirement strategies. Just two. And the sooner you choose which one you’d like to employ, the better chance you have of securing a desirable outcome.
Dear Banking Industry: You hide fees and encourage irresponsible spending, all while touting your “free” checking accounts.
Recent events in the Gulf of Mexico have placed considerable focus
on the everyday contributions the men and women in the oil and natural gas industry make to help fuel and power our way of
life.
