Improving your happiness in retirement can be achieved by doing one thing – that’s not having started saving earlier and more often (though this could relieve stress once retired, which might ultimately help you achieve this one thing). Instead, this key to retirement happiness is actually staying healthy....
Rise of Female 401(k) Millionaires
Aging with Dignity
Save A Little Something Extra
There are some advantages to getting older, especially if you are behind in your retirement savings. In the year you turn age 50 (and every year thereafter until retirement), individuals are allowed to make “catch-up” contributions to help boost retirement savings. In qualified retirement plans like 401(k)s, the catch-up amount is $6,000; for IRA accounts, the amount is $1,000. But how much does that boost in savings help?...