Saving for your retirement is important, and it is likely you have either a 401(k) or Individual Retirement Account (IRA) set up for that purpose. However, funds have fees that decrease the total amount available at retirement. One fee that can decrease a total balance is an expense ratio, which is a fee that exists on all retirement funds and is one of the most important fees to understand.
Topics: what is a good expense ratio, investment expense ratio, expense ratio, expense ratio formula, what is an expense ratio, average expense ratio, hidden investment fees, investment fees, Saving for Retirement, Near or in Retirement
Typically, 1/3 or more of the investment choices available in a retirement plan are target date mutual funds. What is a target date fund? How do target date funds work? This article will address those questions and discuss target date funds’ benefits and shortcomings.
Between the many activities that keep parents busy, saving for your children's college education stays on your mind. Just as they quickly grow out of their cute little onesies, you will soon move them into their first college dorm room.
Topics: Best Ways to Save for Your Kid’s College Education, Saving for Your Kid’s College Education, saving for kids college, how to save for kids college, how much to save for kids college, Saving for Retirement, All, college education