Retirees have been told that, especially given the increasing number of years spent in retirement, they need to maintain a sizable position in equities. It turns out, however, that maintaining a healthy equity allocation in retirement may not be as beneficial for retirees as believed: The author of today’s article analyzed a number of different retirement funding scenarios and came to the conclusion that the benefit to retirees of increasing their equity allocation is actually very modest. For more, CLICK HERE.
“If you’re like most people, you have less than $75,000 saved for retirement. Yet, you keep hearing that you need upward of $1 million to make it through your retirement years. Just where is that million bucks going to come from?” Today’s article outlines the stories “of 3 super-savers – people who have saved more than double the national average of account balances for people of their age.” From a low-income accountant with a knack for budgeting to an entrepreneur who automates “just about everything” to an information technology support staffer who uses a crock pot as one of his retirement saving tools, CLICK HERE to see what can be learned from these 3 retirement super-savers.