How late is too late to start saving for retirement?
This question is difficult because the answer depends on your income and assets, your goals for retirement, and many other factors.
This question is difficult because the answer depends on your income and assets, your goals for retirement, and many other factors.
You have several options when you inherit an IRA or Employer retirement savings plan. Some options are only available in certain situations. Read on to learn more.
A: YES. “Estate” is just a fancy word for the stuff you own. You do not need to own a huge house to have an estate.
Although most of us recognize the importance of sound retirement planning, few of us embrace the nitty-gritty work involved. With thousands of investment possibilities, complex rules governing retirement plans, and so on, most people don't even know where to begin.
A: Life insurance has several purposes. Its most important function is to replace the earnings that would cease at the death of the insured. For businesses, life insurance is a way to protect key employees and the business itself. A third purpose is to use life insurance to pay potential estate taxes.
You may be asking yourself, am I saving enough for retirement? How much can I really afford to save from each paycheck?