Archives by Tag 'retirement savings'

New Retirement

By Linda Leitz - Last updated: Friday, February 17, 2017

The definition and expectations of a working life and retirement have shifted through the years. They continue to shift, both out of our changing desires and out of necessity. When the safety net of the Social Security system was introduced in the US, unreduced benefits were available at age 65, but life expectancy was only […]

No Green Bananas?

By Linda Leitz - Last updated: Monday, October 3, 2016

Very often, retirees or people almost in retirement don’t want to hear about issues involving their money if it suggests any type of long range view of things.  Often I’ll talk to someone in that category about the long term performance of something relevant and they’ll reply that they don’t even want to look at […]

Being on Track

By Linda Leitz - Last updated: Wednesday, September 9, 2015

We all want to manage our finances in a way that will ensure that we’ll have enough money for a comfortable life. But there’s conflicting advice on what’s right to do. Most of us get regular unsolicited offers for credit cards, lines of credit, and mortgages through the mail. At the other end of that […]

Early Retirement

By Linda Leitz - Last updated: Tuesday, December 16, 2014

Retirement has often been assumed to happen in our mid 60s. Early retirement is generally assumed to be anything before 65. Let’s examine assumptions about the timing of retirement as well as our definition of what retirement means. Old assumptions about retirement finance were that if you saved between 10% and 20% of what you […]

Making the Most of Your Employer Sponsored Retirement Plan

By Linda Leitz - Last updated: Friday, November 7, 2014

Traditional pensions – retirement plans that promise an employee a check a month for life – are very rare and many employers don’t have any retirement plan. So if your employer has a plan that allows you to contribute every month, consider yourself fortunate. Don’t take that benefit for granted and do what you can […]

Planning When You Didn’t Plan

By Linda Leitz - Last updated: Monday, September 29, 2014

Retirement is a goal for just about everyone. Even if you love what you do so much that you never stop working, it’s good to have the financial ability to retire if you decide to. If you realize now that retirement is coming up, but your financial options fall short, there are some things you […]

Participate in your company retirement plan

By Linda Leitz - Last updated: Monday, April 21, 2014

Everyone needs to save for the day they hope not to work to make ends meet.  If you are comfortable with your job security and have good savings you could get to in a pinch, investing through your company’s retirement plan is worth considering.  Staying on a consistent investment plan through a down stock market […]

Employer Contributions

By Linda Leitz - Last updated: Wednesday, January 28, 2009

Everyone needs to save for the day they hope not to work any more to make ends meet.  If you are comfortable with your job security and have good savings you could get to in a pinch, investing through your company’s retirement plan is worth considering.  Staying on a consistent investment plan through a down […]

Funding Pensions

By Linda Leitz - Last updated: Monday, January 21, 2008

As you’re saving, you’ll also want to put money into retirement accounts.  Even if you don’t have all your liquid reserves filled up, it’s good to start socking money into retirement accounts as soon as you get your first “real” job.  The earlier you start saving for retirement, the more the money can grow over […]

Some Financial Basics

By Linda Leitz - Last updated: Friday, December 28, 2007

If you’ve done your review of your 2007 spending, here are some items that you should see in the year’s finances.  (All of these assume you’re still in the work force.)   -         You saved at least 10% of what you made. -         You have at least 10% of your pre-tax, pre-deductions annual earnings in […]