You may want to consider Roth IRAs if you wish to add to your 401(k) or don’t have a 401(k) and need an alternative way to save for retirement. We’ll talk about Roth IRAs, how they differ from other retirement accounts, and how you can decide if you want one.
Congress is considering legislation that would turn the Saver’s Credit into a government matching program for retirement plan contributions.
The number one retirement expense is Health Care. The typical 65-year-old American couple’s healthcare bills after retirement would be enormous: The Boston-based wealth management behemoth Fidelity Investments estimates the retired couple would need 315,000 to cover unpaid medical expenses throughout their lifetimes. These are expenses that Medicare will not cover.
However, you can potential lower these expenses if you do this: