Retirement Planning

Do You Know Where Your Retirement Funds Are?

It’s increasingly common that workers move jobs throughout their career, and with pensions largely a thing of the past, the incentive to stay employed at one company has dwindled. A survey from the Bureau of Labor Statistics found that people hold an average of 12 jobs between the ages of 18 and 50. With the stress and excitement of a job transition, it can be easy to[...] Continue reading

Having a Higher Salary Doesn’t Make You Ready for Retirement

You may think of high earners as people who can afford nice homes, expensive clothes and shiny cars. You may think they don’t have to worry about money, but that’s not the case. A recent study reveals that many high earners may be worrying about money come retirement. According to the study by the Schwartz Center for Economic Policy Analysis, about 30 percent of[...] Continue reading

How Can Job Hoppers Manage Retirement Planning?

In today’s business environment, it’s not uncommon for people to switch jobs every few years. Since pensions are mostly a thing of the past, staying at one place of employment for one’s entire career doesn’t have as much of a draw. Similarly, research shows that switching jobs can be strategic to increasing salary. But, while earning a higher salary now may[...] Continue reading

Don’t Leave Your Retirement Investments Up to Luck

According to a 2016 Employee Benefits Research Institute survey, 42 percent of working Americans have less than $10,000 saved for retirement. What’s even more staggering is data from the U.S. Census Bureau, which reports that two thirds of Americans don’t contribute anything to a 401(k) or other retirement account available through their employer. While saving and[...] Continue reading

Let’s Talk Money: Conversations Between Millennial Children & Boomer Parents

Written by: William Engel, CFP®| Financial Advisor The holidays mean family traditions, making memories and spending time with loved ones. But the holidays can also provide an opportunity for families to discuss future financial plans for parents in or approaching retirement. A recent study by Fidelity reveals a gap in alignment of parent/child financial expectations.[...] Continue reading