Saving Underfunded Retirement

Last update on: Mar 14 2020

Morningstar conducted a study of the best ways for someone who hasn’t saved enough for retirement to ensure a comfortable retirement. It found that taking a number of relatively small actions are the best approach, because there’s no one big action that’s has a high probability of success. The worst action to take is to move all your money into cash or similar safe investments. The opposite, taking a much more aggressive investment approach, also isn’t among the best moves.

 

 

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Retirement-Watch-Sitewide-Promo
November 2020:

Congress Comes for your Retirement Money

A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.
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