Individual Retirement Accounts
Millennials Want to Retire at 50. How to Afford It Is Another Matter.
“You don’t want to have all of your savings in pretax retirement accounts that can be costly to use before age 59.5,” he said. Mr. Northrup will sometimes recommend that his millennial clients reduce their retirement savings to have more cash available for shorter-term goals like buying a house, taking a trip or paying down […]
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How to Save for Retirement as a Freelancer
Savings and investment vehicles Once you have a system or plan for saving for retirement, you’ll need to set up one or more retirement accounts where your money can live and grow. These are the four primary retirement savings options for freelancers, according to Atiya Brown, a certified public accountant and president of the Savvy […]
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