June 12, 2019

Day

11
There’s no way to predict the cost-of-living in 20, 30 or 40 years. Even so, a 401k calculator with inflation is an excellent tool for forecasting your future income needs. Once you have an idea of your income needs, you can take steps to ensure you’re putting enough into your retirement account. There’s no way...
Knowing exactly how much to contribute to an employer-sponsored 401(k) plan can be tricky. Some people fear saving too little. And even when others feel that they’ve saved enough, the future can prove otherwise. It’s estimated that you will need about 85% of your pre-retirement income in retirement. To help estimate whether you’re on the...