Savings

Showing 50 results of 377

25 Saving Myths You’ve Probably Heard (And Still Believe)

Apr 18 2025

Saving money sounds simple, until you actually try to do it. You cut expenses, skip takeout, maybe even cancel a few subscriptions, but your account still looks the same. That’s not a discipline...

dadisfire.com

Middle Class Retirement Confidence Crisis: 1 in 3 Unsure They Will Save Enough

Apr 17 2025

ACLI survey finds middle-age Americans also less confident in savings than younger and older…...

401kspecialistmag.com

Save $1,000 in 30 Days: 19 Steps Actually Work

Apr 12 2025

Most people don’t have a money problem, they have a habits problem. You don’t need to earn more, you need to stop losing what you already make. That’s how saving $1,000 in 30 days go...

dadisfire.com

493: Chaotic Markets: A 4-Point Checklist to Safeguard Your Retirement Savings

Apr 11 2025

Are you feeling uneasy right now? If market turmoil is causing you stress, it’s time to determine if your retirement plan istrulybuilt for the unexpected. In this episode, we discuss: How a proc...

retirewithpurpose.com

Is a 401(k) Without An Employer Match Worth It?

Apr 10 2025

The stock slump has hit 401(k)s hard in recent days. But even without a company match, contributing to a 401(k) can still be a great choice if your goal is long-term retirement savings....

kiplinger.com

Save Money Without Sacrifice: 22 Tips You Can Actually Use

Apr 09 2025

Saving money doesn’t have to feel like punishment. You can still live well, eat well, and sleep easy, without wasting cash on things that don’t matter. A recent study on mindful consumptio...

dadisfire.com

Maximize Your Retirement Tax Savings: How to Maximize Tax-Saving for Each Account

Apr 08 2025

Want to pay less in taxes during retirement? You actually have more control over your tax rate than you might think. James breaks down how different investment accounts—like brokerage accounts, ...

buzzsprout.com

As Tariff And Market Anxiety Rises, How Will Your Generation React?

Apr 04 2025

Tariffs triggered a market plunge, but the emotional impact spans generations—shaping spending, saving, and retirement plans from Gen Z, millennials, Gen X and boomers....

forbes.com

How to Protect Your Retirement Savings Now as Markets Plunge

Apr 04 2025

If you’re within five years of retiring, either before or after, you’re at your most vulnerable financially. Here are steps to weather the volatility....

nytimes.com

Retirement Savings On Track? How Much Should You Have Between 61 and 65

Apr 02 2025

JPMorgan’s guide can help baby boomers determine whether they have saved enough for a retirement pegged to their income level....

kiplinger.com

A job-hopping slowdown could be a boon for retirement savings

Apr 01 2025

Wage growth for job-hoppers is on the decline, but financial advisors say that might be a good thing for long-term retirement savings....

financial-planning.com

Pennies to Paydays: 16 Ways to Turn Spare Change into Savings 

Mar 28 2025

Spare change has a way of piling up in all the usual places, desk drawers, car cup holders, bottom of purses. It’s easy to ignore because a few coins never feel like much. But those forgotten di...

dadisfire.com

Rural Americans Face Steeper Retirement Savings Barriers than Urban Peers

Mar 27 2025

New analysis from the Economic Innovation Group finds rural workers much less likely to have…...

401kspecialistmag.com

What Would $1.46M In Savings Do For Your Retirement Lifestyle?

Mar 27 2025

Americans think $1.46 million is the ideal amount of money to have saved for retirement, according to a survey. High-net-worth Americans think $3.93M is ideal. What would that kind of money mean for y...

kiplinger.com

ABLE Account: A Savings Tool to Empower People With Disabilities

Mar 24 2025

An ABLE account can improve quality of life for individuals with a disability — it permits tax-free saving for ongoing expenses without jeopardizing benefits....

kiplinger.com

How to Stop Scammers Targeting Your Retirement Savings

Mar 22 2025

Anyone can fall victim to a financial scam, but retirees can be more vulnerable than most, so stay alert to these common tricks that could catch you off guard....

kiplinger.com

Roth Solo 401(k): Beyond Small Business Owner Retirement Savings

Mar 22 2025

Planning for retirement is crucial, especially for those self-employed or anyone without an employer-sponsored retirement plan. A Roth solo 401(k) might be the solution....

forbes.com

Savings And Care Get Easier With Parents And Grandparents Under One Roof

Mar 20 2025

Multigenerational housing is being embraced by younger and older families seeking to address housing affordability, caregiving needs, and retirement security....

forbes.com

Retirement Savings on Track? How Much You Should Have by 55 and 60

Mar 19 2025

JPMorgan’s guide can help older Gen Xers determine whether they have saved enough for a retirement pegged to their income level....

kiplinger.com

Mar 18 2025

FROM THE ARTICLE: We’ve endorsed federal legislation that addresses the financial vulnerability of women retirees. By Emily Paulin & Natalie Missakian, AARP. Published March 18, 2025. Women ...

community.aarp.org

Mar 17 2025

FROM THE ARTICLE: Is It Time to Retire These Retirement 'Rules'? Why the conventional wisdom on saving, spending and Social Security isn’t always right. By Martha C. White and Penelope Wang, AAR...

community.aarp.org

Safe Savings Rate — What Percentage of My Income Should I Save for Retirement?

Mar 16 2025

Are you hoping to retire one day? How much do you need to start saving? Here's what percent of your income you need to put away. The post Safe Savings Rate — What Percentage of My Income Should ...

whitecoatinvestor.com

How Some Investors Are Protecting Their Money Amid Stock Market Woes

Mar 16 2025

Some people are shifting their investment strategies as the stock market sours on President Trump, despite advice to maintain their savings and wait out the angst....

nytimes.com

The Cash Flow Waterfall

Mar 12 2025

A Breakdown of the FAANG FIRE Savings Prioritization Waterfall...

faangfire.com

I Hadn’t Shopped for Insurance in Decades — Could I Have Been Saving Thousands Every Year?

Mar 11 2025

I hadn't shopped around for insurance in decades, so I took some time and went through Farmers Insurance Choice to see if I could save money. The post I Hadn’t Shopped for Insurance in Decades &...

whitecoatinvestor.com

Hey, Fifty-Somethings, Are Your Retirement Savings on Track?

Mar 11 2025

See how your retirement savings compare to this Wall Street guide for people aged 50 and 55, ranked by income....

kiplinger.com

[Reduction in Force] Part 22: How Can I Access My Thrift Savings Plan (TSP)?

Mar 10 2025

ProFeds Founder, Chris Kowalik, reviews the IRS rules which allow federal employees to take from their TSP at various ages if they are RIF’ed. KEY TAKEAWAYS: How do employees access TSP after th...

fedimpact.com

18 Frugal Habits Boomers Should Rethink in Retirement

Mar 05 2025

Retirement should be about enjoying life, not obsessing over every dollar. Old habits die hard, and for good reason, many Boomers built their wealth through smart saving. But not every frugal move is ...

dadisfire.com

What’s the impact of having more than you need?

Mar 05 2025

Hey all, I’m a few years out from retirement and I’m paying off things, saving for the insurance shortfall until Medicaid kicks in, etc. I’m throwing most of my “extra” m...

reddit.com

REPLAY | The Surprisingly Hardest Part of Retirement

Mar 03 2025

For countless retirees, the greatest challenge isn't saving money, but spending it. After years of diligent saving, the transition to drawing down those hard-earned funds can be fraught with anxiety a...

sites.libsyn.com

Starting Retirement Savings Later In Life: How To Catch Up

Feb 28 2025

Starting retirement savings later in life can feel daunting, but it’s far from impossible....

forbes.com

Many Boomers Did It Right: Smart Saving Habits Millennials Should Copy

Feb 28 2025

Boomers made saving look easy. They built wealth, bought homes, and retired with money in the bank. Millennials? They’re stuck with sky-high housing costs, crushing debt, and a paycheck that bar...

dadisfire.com

Behind on Saving for Retirement? How to Catch Up and Retire Securely

Feb 26 2025

It's never too late to start planning and saving for life after work....

kiplinger.com

Wow, have you seen the stock market lately?

Feb 25 2025

And by lately, I mean the past several years or more. The value of the S&P 500 index of stocks, where most of us hopefully have a good chunk of our retirement savings stashed into index funds, is ...

mrmoneymustache.com

Need an old person's opinion. Time is running out and I need a new approach.

Feb 23 2025

Tl;dri need to change my investing/debt payoff/savings strategy because of my age (and lack of sleep). I'm looking for responses from people who understand how finances and investment strategies chang...

reddit.com

Think You’re Saving Money? 17 “Smart” Saving Tips That Actually Cost You More

Feb 22 2025

Saving money is a skill. Some people master it early, while others chase deals, clip coupons, and follow bad advice that does nothing but drain their bank accounts. The worst part? A lot of the so-cal...

dadisfire.com

Retirees are reluctant to spend savings. Researchers say that's a problem

Feb 22 2025

A new study found that retirees spend far less than they should from certain income sources. But researchers say financial advisors can help change that....

financial-planning.com

This U.S. Region Tops the Charts for Retirement Savings

Feb 21 2025

Michelle King replaced as acting commissioner by Leland Dudek after King refused to comply…...

401kspecialistmag.com

Vestwell Collaborates with Vermont’s 529 Education Savings Program

Feb 21 2025

The partnership represents Vestwell’s third with the state of Vermont...

401kspecialistmag.com

Brokerage Acct. as Emergency Acct

Feb 21 2025

I (63, s, m)have multiple chk/savings, 401k/IRA and brokerage accounts. Done as a way to budget in addition to giving specific purpose to each account. One is a Robinhood account that I use as an emer...

reddit.com

Money changes to expect in 2025

Feb 15 2025

2025 presents an array of opportunities for people to strengthen their financial futures. New policies will go into effect that are designed to help those approaching retirement maximize their savings...

empower.com

How To Safely Spend Your Retirement Savings

Feb 14 2025

Here’s a retirement spending strategy that offers a realistic balance between frugality and outliving your savings by spending too much money....

forbes.com

50 days to go and I’m still uncertain

Feb 14 2025

I am approaching 61 (in a few months) but I’ve achieved my savings goal which should prove a moderate to comfortable lifestyle according to Australian retirement standards. I also am eligible as...

reddit.com

I'm 60, just paid off my $1 million home and have $750K in retirement savings — can I retire now?

Feb 13 2025

I'm 60, just paid off my $1 million home and have $750K in retirement savings — can I retire now?...

kiplinger.com

$1M in HSA is a rosy projection. But smaller savings still pay off

Feb 12 2025

The estimate for the amount required for 65-year-old spouses is one of many from a study full of figures that financial advisors can use to highlight the value of HSAs....

financial-planning.com

Your Retirement Savings and Spending Should Change Under Trump

Feb 12 2025

These five strategies will safeguard your retirement savings and spending during this period of rapid change....

kiplinger.com

Ep 405: Your Retirement Memory Bank

Feb 04 2025

Are you finding it hard to transition into retirement after living frugally and saving diligently for many years? In today's episode, Nancy shares the story of a couple who struggled with the idea of ...

mysmartretirement.flemingfinancialservices.com

Ep 362: Mailbag – Diversification, 401(k) Rollovers, and More

Feb 04 2025

Today, we’re opening up the mailbag and answering some retirement questions we get from our listeners and clients. George says he has all of his retirement savings in one IRA. Should he move som...

mysmartretirement.flemingfinancialservices.com

Being pushed into retirement and the emotional toll

Feb 01 2025

I work for a large organization that is facing some financial challenges. They have identified employee categories and roles that can be targeted for reduction and cost savings and I fit the criteria....

reddit.com

Safest place for retirement savings?

Feb 01 2025

I have some money in a retirement accout from my previous employer. I am retired now but don't need to start taking disbursements for another 6 years. I am very worried about the stock market as I los...

reddit.com

About Savings

Saving for retirement is an important financial goal that can help you secure your financial future and ensure that you have the resources to live comfortably after you stop working. There are many ways to save for retirement, including:

Contribute to a 401(k) or other employer-sponsored retirement plan: Many employers offer 401(k) or other retirement plans that allow you to save and invest a portion of your income for the future. These plans often offer tax advantages and may even include employer matching contributions, which can help you save more.

Open an individual retirement account (IRA): An IRA is a type of investment account that is specifically designed for retirement savings. There are several types of IRAs, including traditional IRAs, Roth IRAs, and SEP IRAs, which are designed for self-employed individuals.

Save and invest on your own: If you don't have access to a 401(k) or IRA, or if you want to save more for retirement, you can also save and invest on your own. This can be done through a brokerage account, where you can buy and sell a variety of investments, such as stocks, bonds, and mutual funds.

Save and invest in other ways: There are also other ways to save for retirement, such as through a pension plan or by purchasing an annuity. It's important to consider all of your options and choose the one that best fits your needs and financial situation.

No matter what method you choose, it's important to start saving as early as possible and to contribute as much as you can to your retirement account. The more you save and invest now, the more you'll have to live on during retirement.