Although much of the last decade has been an exception, historically, stock returns have outpaced inflation by the widest margin and have provided the strongest returns over the long term.
People who are getting ready to wrap up their careers and leave the working world often refer to retirement as “a new chapter” or “the next act” in their lives – and rightly so.
Early retirement is a phrase many Americans wish they could turn into a reality. While retiring in your 50s or early 60s sounds enticing.
When retirement was years away, calculating how much income you may need may have involved a lot of estimates. Now you can be more accurate.
Your retirement plan is designed to help you meet two important objectives — beating inflation and pursuing your retirement savings goals.
If you have already retired or if you can count the number of years until retirement on your fingers then please heed this friendly warning.
If you are preparing to change jobs, do you know what your choices are for managing the money in your current employer’s retirement plan?