JORDANSIMEONOV/GETTY IMAGES Tax rates are going up. Do your conversions now. That’s a starting point in the complex game of IRA manipulation. But the general rule must be accompanied by footnotes and provisos. For these subtleties we turn to Robert S. Keebler, an accountant in Green Bay, Wisconsin, who has elevated tax bracket management into an […]
GETTY When we ask investors about their realistic expectations for returns on their retirement portfolios, the answers are often anything but: “Anything from 10% at the bottom to 15% at the top” is a common response. Keeping in mind that the average stock market return is around 8% per year, as measured by the S&P 500 […]
Shutterstock When is someone too old to work and too old to hire? Employers and workers don’t agree, and that’s a problem. With so many people living well into their late 80s, 90s, even 100, many older workers need a job past 65, not just to stay engaged and healthy, but to save more for […]
fizkes (Shutterstock) From student loans, to medical bills, to simply putting food on the table, so much of managing your finances can feel like it comes down to getting by day-to-day. Retirement, meanwhile, feels like a distant dream. How can you even think about maxing out your 401(k) or Roth IRA when you can barely […]
A study by TransAmerica found that men have more than double the retirement savings of women. (iStock) Many women aren’t financially prepared for retirement, according to a recent report from TransAmerica. Men have about twice as much money saved for retirement ($118,000) than women do ($57,000). Of concern, nearly a quarter (24%) of women currently have […]