Workplace pensions provide a way to save for the golden years. But can employers do more to help their staff plan more effectively for retirement?
For many, the promise of leaving the working world behind and sailing off into the sunset of retirement is enough to get them through the tough stretches. Knowing that there will be a point when we are able to sustain ourselves financially without having to clock into a 9-5 can almost seem like a fantasy… continue reading »
Business owners have more options to save for retirement than individuals who do not own a business. Depending on certain factors, some options will make more sense than others. In many cases, the desire to accumulate assets for retirement is often the byproduct of a greater desire to reduce or avoid income taxes today. From a… continue reading »
What are 403(b) plans and how do they work? Most of the time, the spotlight is on the 401(k) plans. A 403(b) plan is equally important though. It’s just aimed at a different group of employees. When a company hires you, one of your very first tasks as a new employee is deciding upon a… continue reading »
Maybe the golden years still look too blurry to glimpse at a clear picture, but over the years we should be able to grab hold of a few retirement lessons from grandparents. Unlike many of my former school mates, I didn’t have the opportunity to spend summer vacations at the countryside. All my grandparents lived… continue reading »
Do you find saving money for retirement to be an overwhelming financial burden? What if you stopped freaking out and started learning about living frugally on a low retirement income? While the thought of early retirement often makes people’s eyes turn into the shape of little hearts, saving enough money to retire comfortably isn’t possible for… continue reading »