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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Dana Twight
Dana Twight
CFP®
Seattle, WA
3 recent answers
Adam Harding
Adam Harding
CFP®
Scottsdale, AZ
1 recent answer
Leonard N. Katz
Leonard N. Katz
CRC, CWM, MFP, RFC
Great Neck, NY
1 recent answer
Russell Cron
Russell Cron
AFC®
APO, NY
1 recent answer
All Questions: Retirement Savings
NewPosted July 15, 2016

Gold has had an incredible run so far this year and is up about 25% thus far (source: Yahoo finance symbol GLD) and it can be tempting to jump into an...

NewPosted July 15, 2016

How much mortgage is it? Certainly I don't think you would consider a home equity mortgage to pay off a first. Your choices with your 401k balance a...

NewPosted July 14, 2016 · New York, NY
Leonard N. Katz

Leonard N. Katz

CRC, CWM, MFP, RFC

In this low to no interest rate environment it's not possible to count on savings growing in and of themselves. If your company has a matching progra...

Posted July 8, 2016 · Seattle, WA

Wow, in the hot Seattle RE market, perhaps the remodel will pan out. Are you planning on retiring early? By early I mean before the traditional range ...

Posted July 8, 2016

So glad you wrote to Nerdwallet. Step away from the banks and brokerage firms, please. There is a decision tree one can follow in order to choose inve...

Posted July 7, 2016 · Austin, TX
Mark Struthers

Mark Struthers

CFA, CFP®

25% of gross income is certainly within the general "rules of thumbs". With housing it really all depends on other options. I view houses as much as a...

Posted July 7, 2016 · New York, NY
Mark Struthers

Mark Struthers

CFA, CFP®

Now. Your biggest assets are time and your human capital. If invested well they both will grow faster than inflation.

With regards to traditional in...

Posted July 5, 2016 · New York, NY

I 403b is traditionally tax-deferred, meaning that you'll owe income taxes on distributions. A 529 plan is an education savings account that is funded...

Posted July 5, 2016
Mark Struthers

Mark Struthers

CFA, CFP®

The two answers above are full of good information. I would also try to factor in when and how you will take Social Security. It could play a factor i...

Posted July 4, 2016 · San Diego, CA

I'd say you're probably good to buy a second home, but here are some items to consider.

1) How much do plan to spend in retirement? 100% of just you...

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