Will you have enough money for retirement? According to a recent survey, 57% of people reported that the total value of their retirement funds and investments was less than $25,000. This included 28% who had less than $1,000 accumulated for retirement. Setting aside money for retirement can be difficult when you have so many other financial demands. But making a commitment to your future can help you ensure that you have enough money for your retirement years.
- Life gets in the way
- A little more can do a lot
- Spend less to invest more
See this month’s issue of Let’s Talk Money, these tips may give you a better retirement outlook.
• Kids Count Big at Tax Time
Every year, the U.S. Department of Agriculture releases a report estimating the cost of raising a child born that year to the age of 18. According to the most recent report, the average cost of raising a child born in 2013 will be $245,340. However, one place parents can get a break is from the IRS – a tax break, that is.
• Financial Resolutions That Count
Resolving to control your finances rather than letting your finances control you is a great way to start 2016. Here are some financial resolutions to consider for the new year.
Keeping personal data secure is becoming more and more difficult. If you’re ever involved in a widespread data breach or you’re targeted individually, don’t waste any time.
• Q&A Let’s Talk Retirement
All this and more in this issue of Let’s Talk Money…