Investment Planning

Understanding the differences between CD vs. Money Market vs. Savings vs. IRA There are many ways to invest your money, including CDs, money markets, and IRAs. Determining which is right for you depends on your financial goals, liquidity needs, and how much you have to invest. What is a CD? CDs are timed deposits, meaning […]

Will Interest Rates Affect my Retirement?

Rising interest rates and the Federal Reserve seem to be the topic on the news more often than not, but what does it mean for your retirement? It is typical to panic whenever you hear the market or economy is changing. However, in the case of rising interest rates, you could be in a good […]

IRAs: Here’s what to know

There are a few tools you can use while saving for retirement – one of them is an Individual Retirement Account, usually called an IRA.  What is an IRA? The federal government introduced IRAs in the 1970s to encourage people to save for retirement rather than relying only on their company or union retirement benefits. […]

How Much Do I Need to Retire?

Planning Ahead When it comes down to it one of the most important aspects of managing your personal finances is planning ahead for retirement. Some experts have suggested that it’s necessary to save up as much as $1 million in your 401(k) in order to retire at 65, which would require saving about $250 every […]

At What Age Should your Retirement Investing Start?

You might wonder at what age retirement investing should start. Most young Americans think retirement is too far off for them to worry about, but as they age, they wonder when they should start. The simple answer is to start as soon as possible. For example, if you already have a full-time job with a […]