In 2018, you can contribute up to $5,500 to a Roth IRA if you’re under 50, or $6,500 if you’ve reached that milestone. For some, it may take all year to hit that target. But, for others, they’ll max out their contributions before the calendar hits 2019.
An emergency can strike when you least expect it. Maybe your car breaks down, or medical bills start piling up. Whatever the reason, it can be frustrating, especially if you are short on funds. Situations like that may make you wonder if cashing out your 401(k) is the right move. Typically, people have a significant […]
Many adults wrestle with student loans. Often, these debts take years or even decades to pay off. This creates a serious financial burden that can follow a person around long term. In most cases, having student loans doesn’t prevent people from envisioning themselves as homeowners. But, many decide not to go forward fearing that student […]
Many people have heard that they need to save $1 million to retire comfortably. While this isn’t necessarily a bad goal, it isn’t accurate for everyone. In fact, each person will have slightly different requirements. You’ll need to account for factors like where you’ll live, your current health, your age at retirement, and much more. […]