Category:
Budgeting
If you’re in your 20s, 30s, or even 40s, retirement may seem far away, and you probably have so many other things that are more immediate to spend your money…
Almost half of Americans expect to retire in debt, according to a 2022 survey by the financial site MagnifyMoney. Even worse, the Federal Reserve Bank reports total debt for Americans…
A budget acts like a matchmaker. It introduces this end (your expenses) to that end (your income) and makes those ends meet. If one of your goals is to get,…
It’s always been a good idea to try to save money on food. It’s rarely been as important as right now. Grocery prices have skyrocketed in the past two years.…
You haven’t convinced yourself yet that you can save money, even though you know you need to. You might not even be convinced that anybody could save the kind of…
Savings accounts are an excellent solution for consumers with a specific need. They let you designate funds away from your checking account to organize your finances and retain clear sight…
By the look of things on social media, you really can have it all. A new pair of designer shoes … a champagne toast over brunch … swimming in a…
Long before COVID, another pandemic would hit America every August – the Back-To-School Blues. After a blissful summer, countless kids grumbled about having to return to class. Now there’s a…
The world has gone subscription crazy. You can sign up for almost every service known to man, and probably a few that haven’t been invented yet. It’s fast, convenient and…
Overheard at Costco recently: “Wow. A bag of avocados is $10.99 now. We used to get ‘em here for $6.99. Guess we’re not buying avocados.” It was hard not to…
Sources:
- Clark, Jeffrey W. (2022, June) Vanguard: How America Saves 2022. Retrieved from https://institutional.vanguard.com/content/dam/inst/vanguard-has/insights-pdfs/22_TL_HAS_FullReport_2022.pdf
- Hoffman, M., et al (2022, August 31) New Data Reveal Inequality in Retirement Account Ownership. Retrieved from https://www.census.gov/library/stories/2022/08/who-has-retirement-accounts.html
- N.A. (2021, September) Top 10 Ways to Prepare for Retirement. Retrieved from https://www.dol.gov/sites/dolgov/files/EBSA/about-ebsa/our-activities/resource-center/publications/top-10-ways-to-prepare-for-retirement.pdf
- N.A. (2022, December) Annual Statistical Supplement to the Social Security Bulletin 2022.Retrieved from https://www.ssa.gov/policy/docs/statcomps/supplement/2022/supplement22.pdf
- N.A. (2023, February) Fidelity Building Financial Futures Report. Retrieved from https://www.fidelityworkplace.com/s/page-resource?ccsource=oa%7Cwpsreslib%7Cpressrelease%7Cwps-buildfinfut%7Cwps-bff%7C%7Cwps-bff-11-14-22%7C&cId=fidelity_building_financial_futures_report
- N.A. (2023, February 23) Fidelity 2022 Retirement Analysis: In the Midst of Inflation and Uncertainty, Retirement Account Balances are Rising. Retrieved from https://www.businesswire.com/news/home/20230223005102/en/Fidelity%C2%AE-2022-Retirement-Analysis-In-the-Midst-of-Inflation-and-Uncertainty-Retirement-Account-Balances-Are-Rising
- N.A. (ND) Retirement Topics – 401(k) and Profit Sharing Plan Contribution Limits. Retrieved from https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sharing-plan-contribution-limits