As you explore how much money you might really need in retirement, remember that the amount you decide to save and invest on your own is only one component of your future retirement income....
Sharing the following from a Morningstar report. It’s a fascinating insight on how our perspective on time horizon directly motivates our savings rates. It may come as no surprise that the longer your mental time horizon when it comes to your finances, the more you’re likely to have saved....
Faced with mounting pension costs and greater volatility, companies are increasingly offering their current and former employees a critical choice: Take a lump-sum payment now or hold on to their pension plan....
