How Would You Grade Your Retirement Saving?

According to a recent study by TD Ameritrade, the majority of Americans would give themselves a C grade when it comes their retirement savings. Of that same study, about 13% would given themselves an A grade and the same amount would give themselves and F. So this raises the question: How would you grade your retirement savings? Do you consider yourself average, or are you really good or really bad? If you consider yourself good when it comes to your retirement savings, what do you attribute that to? If you feel you are failing, why? For those that find themselves Continue reading How Would You Grade Your Retirement Saving?

Miscalculating How Much You Need in Retirement

Calculating the amount of money you will need to live comfortably in retirement is tricky. Aside from the difficulty of predicting the future, there are many factors to take into account and those factors could easily change during the time between your calculations and when you actually retire. While many people fear not having enough saved, you should also want to avoid having too much saved. Over-calculating what you need for retirement may require you to remain in the workforce for a longer period of time than you wanted to. It’s one thing to work longer if you enjoy your Continue reading Miscalculating How Much You Need in Retirement