Tag Archives: Retirement
What is the 401k plan?
401(k) plan is a retirement benefit available to an employee from their company. This is an added advantage to the employee of that company, as one is not smothered with monetary issues after retirement. The 401k plan works simply based on
How much money should a 50 year old have saved for retirement
Everyone in the working world is concerned with saving money or should be. Many people look forward to the day when they can retire from work and enjoy their golden years. The key to enjoying those years is being financially prepared for them. Most people start saving when they start working. Whether they’re in their … Continue reading
How much money do I need for my retirement?
Planning for retirement must be made well ahead, close to ten years before retirement, so that we will be having a clear idea on the retirement benefits. Early saving is the key to get maximum retirement benefits. When we save 3000 dollars at 25 years of age and deposit in a