Category Archives: Retirement

The number of participants with outstanding loans from their savings plan hasn’t decreased

Overall, 2.2 percent of participants withdrew from their accounts in the first half of 2015, a proportion that has remained relatively flat since the first half of 2009. Hardship withdrawals stood at 0.9 percent in the first half of 2015, … Continue reading

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The 10 states where insurance costs the most

The report found that health insurance keeps increasing yearly. Here’s an often overlooked fact about insurance: Its cost varies substantially based on where you live. With this in mind, a new study looks at the cumulative costs for life, health, auto … Continue reading

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Do you have all the FACTS about Annuities?

June marked the second annual commencement of National Annuity Awareness Month-a month dedicated to educating consumers about annuities, their benefits and features. Last June was my first opportunity to be involved in the festivities. In fact, I was able to … Continue reading

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5 Ways to have a Happy Retirement

Sure, a fat nest egg and good health help. But there are less obvious ways to make sure your post-work life is a happy one. Retirement ought to be a happy time. You can set your own schedule, take long … Continue reading

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Underfunding retirement adds to workers’ stress

  More than half of lower and middle-income women who juggle work and motherhood say they carry high or overwhelming levels of financial stress, according to data from a provider of workplace financial wellness programs. That’s significantly higher than stress … Continue reading

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Median Retirement Account Balance drops to $2500

A new, grim estimate from the National Institute on Retirement Security The median retirement account balance in a typical American working-age household dropped to $2,500 in 2014, down from $3,000 in the previous year, according to a study from the … Continue reading

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