When it comes to money habits, we can either form those that cause us to be saddled with debt and worried about our financial future or those that bring us financial freedom. The good news is that it is possible to break bad habits. It is also possible to form new habits if you make… Continue reading 10 Money Habits to Build Wealth
Last year was a bumpy ride for the market, and many investors are rattled. We’ve talked before about how the market goes up 80% of the time. But this also means it goes down 20% of the time. And that’s where we are now. So, what should you – the 401(k) investor – do right… Continue reading What 401(k) Investors Need to Know: Market Update for Q1
Social Security benefits in 2023 will see the highest increase in 40 years, but will it be enough to cover the real cost of retirement? In 2023, there will be an 8.7% increase for COLA (Cost-of-Living Adjustment), up from the 5.9% adjustment in 2022.¹ This amounts to a $146 increase in monthly Social Security benefits… Continue reading The Real Cost of Retirement: Are You Saving Enough?
The SECURE 2.0 Act, which was signed into law December 29, 2022, introduces major changes to the retirement system and how you save for retirement. The Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 builds on the SECURE Act of 2019. Both aimed to help strengthen Americans retirement savings and make saving accessible… Continue reading SECURE Act 2.0: How It Affects Your Retirement Savings
At the start of the new year, people are looking for ways to improve their lives. They may make resolutions to lose weight or stop smoking. These are great, but what about financial resolutions? The point of making a resolution is to improve behaviors and better one’s life. If you are shackled by debt, you… Continue reading 10 Financial Resolutions for Financial Freedom
