Retirement Archives - Page 8 of 9 - Engineer Your Finances

How Much Should I Save for Retirement?

Jul 31 2019

When the topic of retirement comes up in conversation, the million-dollar question (literally) is how much should I save for retirement. While there is no single right answer, there is plenty of solid guidance available to help you figure out what’s right for you. Two Questions to Ask When Calculating How Much to Save For … Read more

How to Rollover a 401k to a Roth IRA in 5 Simple Steps

Jul 18 2019

The process is a fairly simple one to rollover your 401k to an IRA. You should consult a professional during the process, however. Your employer’s plan should have an advisor available to assist you. How to Rollover a 401k to a Roth IRA: It’s Easy Here are the five simple steps you’ll need to take: … Read more

5 Reasons to Consider Working After Retirement

Jul 08 2019

Retirement – the action or fact of leaving one’s job and ceasing to work. (1) The very definition of retirement is to cease to work. However, this can be a problem for many. Not everyone imagines retirement filled with days relaxing on a swing, like the picture above. An AARP study found that “half of … Read more

Don’t Let A Late In Life Divorce Ruin Your Retirement Plans

Jun 27 2019Apr 15 2019

When you say “I do,” the premise is that you’re making a lifetime commitment to your spouse. But in some cases, happily ever after doesn’t last quite as long as you’d hoped. Sadly, anywhere from 40-50% of marriages in the U.S. end in divorce. Even more startling is the fact that Baby Boomers are getting divorced at record rates. In fact, the divorce rate among those aged 50 and older has doubled since the 1990s. But if you get divorced when you’re older, you’ll have more to worry about than custody battles and co-parenting.