A 401(k) Primer – Answering 6 Common Questions
401(k)s have become one of the most popular retirement savings vehicles in America but many people are not clear about how their plan really works. Here are 6 of the most common questions many people have about their plans.
Four Retirement Planning Tips for Millennials
David Lerner News: Many Millennials are graduating college with crushing student loan debt and poor prospects for finding a well-paying job. The picture is even worse when it comes to some Millennials future retirement prospects
How to Meet Your Retirement Healthcare Expenses
There are lots of unknowns that have to be accounted for when it comes to planning for retirement, but perhaps the biggest are your healthcare expenses.
Should You Save For Retirement or Your Kids College Education?
If faced with the choice of saving for retirement or saving for your kids college, which should you choose? While both are noble goals and usually smart financial moves, many experts say that most people should focus on saving for retirement instead of college, if they ca not do both.
David Lerner Associates News: Elder Poverty Is Projected to Rise
The Social Security system "is facing serious financial problems, and action is needed soon to make sure the system will be sound when today is younger workers are ready for retirement."
In Your 50s: Making a Final Retirement Savings Push
As they have started to become more health conscious, eating better and exercising more, many 50-somethings are feeling a lot better than they thought they would at this age. This has prompted the mantra among many that "50 is the new 40."
Retirement Choices – It is Up to You
Recent generations of Americans have been raised to believe that retirement is the ideal end-game for their life. You will work hard for 40 years or so and when you reach that magical age of 65, you will enter your "golden years".
The Retirement Disconnect: Confidence Does not Mirror Practices
Despite increased confidence in their ability to retire Americans in general are no more likely to have saved any more money for retirement this year than they did last year.
David Lerner Associates News: 2014 Social Security COLA Is.1.5 Percent
In October the SSA announced that the Social Security Cost-of-Living (COLA) in 2014 will be 1.5 percent, down slightly from the 1.7 percent increase in 2013.
David Lerner Associates: Complaints about Hidden Medicare Costs
Some seniors have complaints that despite what they thought would be the case, Medicare does not cover all of their healthcare costs..