Retirement Savings - Nerdwallet

Retirement Savings

Retirement savings refer to the money you save up so that you can stop working later in life and still have enough money to live on.

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All Questions: Retirement Savings
NewPosted February 12, 2016 · Los Angeles, CA

You have a few things going on here so I'll break everything down as simply as possible. You are turning 70 1/2 in 2016 but you don't need to take you...

NewPosted February 12, 2016

If your goal is to have $1M saved by age 56 than you most definitely need to be contributing more than 10% of your salary. Max it out! In 2016 you are...

NewPosted February 12, 2016 · Richmond, VA

So sorry for your loss. It's always tough losing a parent. As for your insurance proceeds, you say you have a fully funded emergency fund but I'd want...

NewPosted February 11, 2016 · Seattle, WA

Good question, and one that really depends on a lot of other factors. Are you working or retired? Single or married? Kids? Do you have other inve...

NewPosted February 9, 2016

Good job at getting your nest egg started. You could benefit from using a retirement calculator which will factor in several important variables and l...

NewPosted February 9, 2016

Congratulations! Radiology is a great field with solid lifetime earnings potential. You've worked hard to get where you are today and you're just now ...

NewPosted February 5, 2016

You have two problems here. If you retire without paying the loan, it will become due and payable upon retirement reducing any balance you have to rol...

NewPosted February 4, 2016

Although there exist solo 401(k) accounts for individual business owners, most 401(k)s are offered by an employer to their employees. 403(b) are typic...

NewPosted February 3, 2016 · San Francisco, CA

Here's a link to what the IRS has to say about retirement funds and IRAs. www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Rollovers-of-Retir...

NewPosted February 3, 2016

Congratulations on finishing school and moving towards a great salary! Have you looked into the possibility your future employer would contribute towa...

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