retirement funds

Shocking IRA Blunders: Are You Making These Costly Errors?

An Individual Retirement Account (IRA) can be a powerful tool for securing your financial future, but navigating its rules and regulations can be tricky. Making mistakes with your IRA can lead to significant financial consequences, so it’s essential to be well-informed. To help you avoid potential pitfalls, here are three common and costly IRA mistakes that can easily be prevented: #1 Beneficiary Mistakes  An IRA passes on to beneficiaries, not through a will. Therefore, it’s …

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Here Is How Gen Xers Can Boost Their Savings

As Gen Xers approach retirement age, with some already nearing 60, questions arise about their preparedness for the future. When surveyed, many Gen Xers expressed a desire to retire around 63. However, this leaves little time for older members to accumulate the necessary funds.

The Role of Annuities in Retirement Planning

An annuity is a type of financial product that pays a fixed sum at regular intervals. To supplement Social Security and other savings, annuities are a reliable source of income that can be used to plan for retirement.

Are You a Super Saver, and Should You Become One?

A new study shows that “super savers” have good money habits far beyond building their nest eggs. Even though the idea of becoming a “super saver” might seem scary, experts say that making small changes to habits and lifestyle can go a long way toward helping workers save more.