Most parents want to provide the best educational opportunities to their children. It is quite disheartening if they fail to do so due to lack of funds. Thus, one of the most important reasons for parents to save is to fund their children’s college education. College funding can be a confusing task with numerous financial ...

401(k) can be an adequate way to increase your retirement funds. While the plan is undoubtedly a popular and preferred tool of savings, its contribution limit often presents certain challenges. This is because the government changes the rules and limits of how much one can pay towards a 401(k) plan every year, and 2020 is ...

Savings are a great way to ensure that your future remains stable and secure.  When we talk about future savings, we often neglect planning for a very important event, i.e. college. With the increasing debt of student loans, planning for education funds is an important part of today’s economy.  But surprisingly, according to a survey, ...

40 years ago, when Individual Retirement Accounts or IRAs were rolled in motion as a vehicle of retirement savings, no one saw the generational turn investors would take. Since then, IRAs have become a popular investment tool. While opening an IRA, account holders generally have to name a beneficiary. These beneficiaries get precedence over anyone ...

“As in all successful ventures, the foundation of a good retirement is planning”, said radio speaker, Earl Nightingale, once. Retirement is a critical point in the life of every working professional – emotionally as well as financially. The thought of leaving a workplace where somebody has worked for decades is overwhelming, and it is bound ...

A sound financial plan must include retirement planning as one of its cornerstones. A small amount of time and effort invested in planning for the sunset of life, ensures you don’t have to compromise on anything then. The payout from social security and other employer pension benefits may not be enough for your retirement needs. ...