August vacation and retirement have a lot in common: Warm, sunny weather… No rushing around… Plenty of time to do the things you love. But there’s one big difference: A summer vacation might only cost you a few thousand bucks… But retirement costs a fortune. Think you’re getting close to…
Tags: Retirement Retirement Savings
This stuff makes my blood boil. Last weekend, I came across an article on Business Insider. Its title was, “How much money you need to save each day to become a millionaire by age 65.” I imagine the authors think they’re providing sound advice… But basically, they’re just repeating the…
Tags: Retirement Retirement Savings
We’re going to play a game today… It’s based on the TV game show, Let’s Make a Deal. I’ll present you with a deal, and you decide if you’ll take it. Ready? OK, here’s the deal: Send me $10,000, and over the next few years, I’ll invest it for you.…
Tags: Mutual Funds Retirement
In our articles last week, Wayne and I opened up a big can of worms: The retirement crisis. As we showed you, the average retiree has next to nothing saved for retirement... And nearly half of all Americans have nothing saved at all. But now that we’ve identified the problem, it’s time…
Tags: Retirement
Unless you’re independently wealthy or you’re more than 25 years from retirement, you should be worried—very worried. You see, the average retiree has next to nothing saved for retirement... And nearly half of all Americans have nothing saved at all. But what’s even worse is this: Almost no one is…
Tags: Retirement Social Security
Most workers in the U.S. retire between the ages of 60 and 65. So what you’ll read next might come as a surprise: The average 50-year-old has less than $50,000 saved for retirement… And 45% of Americans have nothing saved at all. Zero! What’s your situation? Do you have enough?…
Tags: Retirement
I couldn’t believe my ears... I’d been enjoying a pre-flight cocktail at the George Bush Airport in Houston, casually chatting with some folks at the bar. Most of them were well-dressed professionals in their late 50s. Soon, the topic of the stock market came up—and as they told me, they…
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