How to maximize retirement savings for longer lives
An increase in life expectancy is bringing new challenges — and opportunities — for retirement planning. “You have to be able to plan for retirement that will last for potentially 30 years,” says Rita Assaf, vice president of retirement planning at Fidelity Investments. Assaf advises saving at least 10 times your final salary by age […]
How to maximize retirement savings for longer lives
An increase in life expectancy is bringing new challenges — and opportunities — for retirement planning. “You have to be able to plan for retirement that will last for potentially 30 years,” says Rita Assaf, vice president of retirement planning at Fidelity Investments. Assaf advises saving at least 10 times your final salary by age […]
How to maximize retirement savings for longer lives
An increase in life expectancy is bringing new challenges — and opportunities — for retirement planning. “You have to be able to plan for retirement that will last for potentially 30 years,” says Rita Assaf, vice president of retirement planning at Fidelity Investments. Assaf advises saving at least 10 times your final salary by age […]
How to avoid taxes on savings account interest
Savings accounts help you earn money and prepare for financial rainy days. They also protect your savings from loss due to bank failures, fire, theft, and more. But if you’re earning interest on a savings account, there is one downside: the taxes. For most savings accounts, the IRS takes a portion of the interest you […]