5 Ways to Make Retirement Savings Last: The Resilience of the 60/40 Portfolio

by

Retirement planning can be a daunting task, but it’s a crucial one. As people live longer, ensuring that their retirement savings last throughout their golden years is more important than ever. While there’s been some skepticism about the traditional 60/40 portfolio allocation in recent years, it’s far from dead. In this blog post, we’ll explore […]

Next Year Will Bring a Big Jump in Retirement Plan Contribution Limits 

by

Who said inflation didn’t have any perks! This is one of them: according to the IRS, you can now sock away a much larger amount of money to your retirement plan. Whether you have a 401k, an IRA, or another plan, the IRS’s cost-of-living adjustments resulted in noticeably higher contribution limits for 2023.   Inflation is […]

What are 401k Plans? An Introduction:

by

You’ve probably heard the term 401k from your employer. But what exactly is a 401k? A 401k plan is an employer-sponsored profit-sharing plan named after section 401k of the US Internal Revenue Code.  Employees can take cash payments in the form of a retirement plan if they so elect. The percentage taken out is your […]

Investing With Mutual Funds

by

What is a Mutual Fund? A mutual fund is made up of several different types of investments, raising money from investors to invest in stocks, bonds, and other securities. When the investments fluctuate so does your revenue from the investment, meaning you receive a share of the pay dividends when the time comes. Mutual funds […]

5 Steps Entrepreneurs Should Take to Mitigate Risk in Retirement

by

Retirement planning is often an afterthought for business owners. There are uncertainties considering its futuristic state. Entrepreneurs commonly ask, will I even live to see retirement? Will I enjoy enough success from my business that I can afford not to fund it separately? Aren’t my immediate expenses more of a priority anyway? These deterrents cause […]

Can Employees Achieve Financial Fitness With Retirement Right Around the Corner?

by

Having your financial fitness in dire straits is a situation nobody wants to find themselves in – especially when you’re approaching retirement. Retirement planning is like training for a marathon; it takes long-term, carefully laid out preparation. However, many employees don’t look far enough ahead to consider their financial wellness after they retire. Retirement savings […]