Retirement planning

  • average 401K balance by age

    The Average 401K Balance By Age Is Much Higher For People Who Track Their Finances

    In a few charts, we will take a look at the actual estimated average 401k balance by age and how much higher it would be if everyone tracked their finances.

    Have you ever thought about how much your peer group has saved in their 401k plans? What about how your own 401K might look if you actually maxed out your 401k every year? In a few simple charts below, we…

  • 401K savings

    Average 401(k) Balance and Savings Rates Reach Record Highs

    Today, new 401K stats have come out to show us that people are saving more for retirement than ever. And that 401K balances are way up this year

    Saving for retirement, while essential, is not always the most exciting use of money. You have to put off today’s wants for financial security at some undisclosed time in the future. That is probably why the average 401K balance for…

  • tax free retirement income

    6 Types Of Tax-Free Retirement Income Streams You Should Take Advantage Of

    Roth IRAs are the mother of all tax-free retirement income streams, but did you know there are other ways to avoid taxes in retirement?

    No one wants to have to worry about running out of money in retirement. The moment you call it quits from the workforce, you want to live a mostly stress-free life. And hopefully you invested in income generating assets so…

  • best states to retire 2021

    10 Best States To Retire In 2021 – And The 10 Worst

    In addition to when to retire, a good question to ask is where. Finding the best states to retire is easy with some research.

    Whether you’re months away, or decades, dreaming about retirement is normal for most Americans but that dream might have been pushed off a little thanks to recent world events. A recent study even found that a quarter of Americans expect…