Introduction to Pension Plans

While some people still stash cash under their mattresses for retirement, the majority know there are more springs than savings under there.  When it comes to true savings, interest-bearing investments are the way to make money grow before you clock out for the last time.  Because there are so many types of pension plans, it's important to understand the basics first before planning for your... Continue reading

The Pros and Cons of Early Retirement

Early retirement is a dream for many workers. Who doesn't look forward to having the freedom to spend more time with family and friends, to travel the world or just enthusiastically pursue hobbies — all with a sound financial cushion? Like many dreams, however, retiring early comes with both pros and cons. Understanding the effects of early retirement can help you make the right decision for you... Continue reading

Should You Auto-Enroll Your Savings?

If you find it a bit difficult to save money, you're not alone.  According to the American Psychological Association’s 2014 Stress in America survey, money is routinely among the top sources of stress for Americans year over year. Perhaps an easier way to save money is by not thinking about it at all. Continue reading

How Much to Save for Health Care in Retirement?

Housing, food and vacations shouldn't be your only concerns when it comes to retirement planning. Failing to account for health care costs can be financially disastrous; especially when you consider that those costs often increase the longer we live. Although the cost of health care in our retirement years can vary, here are some tips to help you estimate how much you'll need. Continue reading

How Work Affects Your Social Security Benefits

After toiling in the workforce for many years, Social Security benefits are one of the few seemingly guaranteed comforts of retirement. But what many people don't realize is there are many factors that can negate some of Uncle Sam's dollars.     Your income can reduce the amount of your benefits, depending on how much you earn, how old you are and what benefits you're eligible to receive. See how... Continue reading