Real Estate And Retirement: Why 2024 Might Be The Right Time

Let’s face it, 2022 was not a great year for investors. The stock market plummeted 16%, including lots of dips into the bear market territory. Real estate fared a little better, and the median home price hit an all-time high before plummeting sharply as home buying shivered in a high-inflation, high-interest-rate climate.

Retirement Savings Reveal a Gap Between Men and Women

When it comes to retirement savings, studies have shown that there are differences in the amounts saved between men and women. In general, men tend to save more than women for retirement. The reasons for this discrepancy are complex and multifaceted, and various social, economic, and psychological factors influence them.

The Reasons Why a 1 Million 401(k) Isn’t Foolproof

According to a recent survey by Fidelity, the number of 401k millionaires has decreased by 32% over the past year. In an era where pensions are vanishing, a 401(k) is most employees’ primary retirement security source.

Want More Money In Retirement? Consider these Income Streams

In retirement, you will need to discover a means to support yourself. Social Security is one of your options, and you should be eligible for retirement payments if you have worked and accumulated work credits for at least ten years. If you have contributed to an employer retirement account employment, you will ideally have access to savings as a source of income.