The 401(k) can be a great savings vehicle, or a financial black hole where investors lose huge chunks of their hard-earned money to hidden fees and missed opportunities for investment growth. The difference is knowledge. This ultimate guide to 401(k)s shows you step-by-step how to optimize your portfolio strategy and eliminate wasteful expenses. Discover how you can use free 401(k) analysis tools to avoid the most obvious traps so you can secure your dream retirement.
Saving for Retirement 101 Tutorial Guide
Articles And Information To Help You Save Money For Retirement...
Saving for retirement is the number one financial concern for most people - regardless of age - and for good reason.
It's also the biggest.
Did you know you can expect to spend almost as many years in retirement as you did in a career?
That many non-earning years will require a substantial nest egg, and that's why you must save aggressively for retirement.
Below are articles that can help you build your personalized retirement savings plan so you can enjoy the financial security you deserve...
- Pension Trends Say "You Are On Your Own" For Retirement Saving: Socialized retirement planning is out and individual plans are in. Nobody wants responsibility for your retirement so they are passing the buck to you. Do you know how to benefit from these changes?
- Twelve Tips To Build Your Savings For Early Retirement: How to retire early and wealthy.
- The Dirty Dozen Retirement Planning Mistakes To Avoid: There is more to saving money for retirement than just funding your 401(k) or IRA. Learn the mistakes you must avoid so that your golden years are financially secure.
- How Much Do I Need To Retire? What's the magic number for retirement savings and how much can you afford to spend? How do you calculate it? Is it an accurate estimate? Find out here...
- 27 Retirement Savings Catch-Up Strategies For Late Starters: If your retirement looms large but your nest egg doesn't then this article can help you.
- 12 Retirement Planning Myths That Convert Your Golden Years Into Lead: Don't let these common misconceptions get in the way of your saving for retirement.
- Retirement Planning Checklist: Here is a checklist to guide your retirement planning at each stage of life so that you don't miss a single, important step.
In my book, How Much Money Do I Need to Retire?, you'll discover how retirement really works before it's too late.
"This book is the best I've seen on how to navigate the retirement savings questions." (Forbes)
This book takes you beyond the scientific facade of modern retirement planning. You'll learn the 5 critical assumptions that can destroy your financial security, how to reduce the amount you need to retire by as much as $600,000, 3 strategies you can use to maximize spending today while protecting for the future, and how to calculate the amount of money you really need to retire on the first try - without software, online calculators, or being a math genius.
Buy the book today so you can retire with confidence: Amazon | iBooks | B&N | Kobo
Educate yourself with these articles so that you get started saving for retirement the right way. It will never happen automatically so you must proactively make it happen.
Below you’ll find a listing of our most recent retirement savings articles with additional strategies and information so you can take the next step…
Average Savings By Age: How Do You Rank?
How does your net worth rank compare to the national averages for your age? What can you do to get ahead (if you’re behind)? The answers to these questions are important because you need to know while you still have time to correct and adjust your actions if there’s a problem. Discover a simple formula that quickly shows how well you’re doing financially, and you’ll also get clear actions steps and resources so you can accelerate how fast you achieve your financial goals. It’s knowledge that can change your financial outcome in life if you take action on it…
12 Dangerous Retirement Myths That Turn Your Golden Years Into Lead
These retirement myths threaten to destroy your financial security if you don’t overcome them. Many are conventional wisdom spoken so many times that they appear true. Don’t sabotage your one chance at a successful, happy retirement because you didn’t know better. Discover how you can clear these 12 hurdles to secure your financial future…
Pension News: You’re on Your Own For Retirement
The days when you could rely on the government or your company to help fund your retirement are long gone. Trends show decreasing pension benefits, declining defined benefit plans, and increasing emphasis on defined contribution plans. That means you’re on your own to save for retirement. Companies have shifted the cost from themselves to you to avoid paying for such a huge liability. Find out how you can profit from these pension changes and learn the exact actions steps you must take to secure your financial future…
27 Retirement Savings Catch-Up Strategies For Late Starters
Are you ten to fifteen years away from retirement, yet find yourself without sufficient savings? You’re not alone. The good news is that it’s never too late to start saving. Through the power of converting non-earning assets to investment savings, decreasing expenses, earning more, cutting investment expenses, and other less common strategies, you can reach your retirement savings goal on time. These 27 catch-up strategies will show you how…
The Dirty Dozen Retirement Planning Mistakes to Avoid
You get one shot to secure your retirement because there’s no second attempt. If you plan correctly then you get to enjoy decades of financial security. However, if you make one of these mistakes then you could end up handing out shopping carts at a big box store or flipping burgers to make up the difference. The funny thing is how it’s not that hard to do right, but there are a few key principles you must understand now. Discover how to avoid these 12 most important retirement planning mistakes so that you can enjoy a future retirement filled with prosperity and joy…
Retirement Savings Statistics Get Uglier
Are you on track for retirement? Most people aren’t (unfortunately) and these retirement savings statistics prove it. Data collected over years shows little has changed in worker behavior despite changes in the economy. Here are some of the surprising numbers…
5 Ways To Reduce How Much You Need To Save For Retirement By $300,000 (or More!)
If your retirement looms large, but your nest egg doesn’t, then this article can help. You’ll discover 5 simple strategies to reduce the amount of savings you need in retirement by $300,000… or more! Surprisingly, it’s much easier to reduce how much you need to save than it is to increase your savings. This is a frequently overlooked strategy that can allow you to reach your financial goals faster, and with greater security…
Are Safe Withdrawal Rates Really Safe?
Retirement income planning is inherently problematic because you’re trying to convert a volatile pool of assets into a stable, reliable income stream that you’ll never outlive. How do you do that? In this article I deep-dive into the history of safe withdrawal rate research and the resulting 4% Rule – warts, blemishes, and all. I reveal what is true and false about conventional wisdom. This knowledge is inextricably intertwined with proper investment strategy making it essential to your financial security…
12 Tips To Build Wealth For Early Retirement
Building wealth for a secure, early retirement is actually very simple – in theory. It requires just three easy-to-understand principles. However, few people ever retire early because it has little to do with understanding these principles, and everything to do with taking effective action. Discover how you can overcome the two hurdles that block action so you can achieve breakthrough results…
