Tag: retirement
The Internet offers many free calculators to baby boomers wanting to get a better handle on whether their retirement finances are on track. The operative words here are “on track,” because each calculator has strengths and weaknesses. Calculators aren’t capable of providing a bullet-proof analysis of the complex factors and future unknowns that will determin…
Nearly 8 trillion dollars sits in Individual Retirement Accounts, or IRAs. This is nearly half of all the value held in the U.S. retirement system, which also includes employer pension funds and 401(k)s. A big reason IRAs were created in 1974 under the Employer Retirement Income Security Act (ERISA) was to give individuals not covered…
