Last week I posted the chart below regarding how much of a nest egg you would accumulate at various savings rates ranging from 5% to 20% and with different start dates for saving, ranging from age 30 to age 50. As was expected, the higher the savings rate and the earlier the start time, the more money you would likely accumulate...

The national personal saving rate is less than 5%, according to the Federal Reserve Bank of St. Louis — and that’s just not enough. Putting away even 5% of income each year in hopes of building a sufficient retirement portfolio won’t get the job done, even if people start saving for retirement as early as 30...

Financial planners and thought leaders from the Personal Financial Planning Section of the American Institute of CPAs recently held a thought leadership seminar to determine the top retirement planning and aging issues facing Americans -- and how they’re changing due to demographic, financial and social factors...

It is inevitable every year – when the beginning of April rolls around, our office is inundated with requests from clients for help with making a contribution to their IRA account. Though an individual has from January 1 to the April tax deadline of the following year to do this, recent research by Vanguard finds that many of us suffer from an all-too-human fault: procrastination in the timing of our contributions...