retirement Archives | Savvy Family Finance

Blooom Review: The Robo-Advisor For Your 401(k)

Got kids and a job? If you’re like most parents, you’d rather spend time with the kids, or even sit in traffic, than spend time rebalancing and monitoring your 401(k). While saving for retirement in an employer-sponsored retirement plan is a great way to build wealth, most people just let the …

What is Asset Allocation?

Have you ever heard of asset allocation? Maybe an advisor started talking about investment strategies, mentioned “asset allocation,” and you nodded along not knowing what he was talking about. Sound familiar? It can seem overwhelming learning all the investment mumbo-jumbo. What is asset …

How to Manage Your Money as a Stay-At-Home Mom

A lot of women fall into the stereotype of caring for others first and themselves last. Some women let this go as far as ceding control of the household finances to their spouse and not worrying about their own situation. It doesn’t matter if you aren’t the breadwinner and have a single income …

The Basics of Portfolio Rebalancing

Inside: Learn the basics of portfolio rebalancing. You’ve started investing, whether by opening an IRA, enrolling in the company 401(k) plan or even opening a brokerage account. Yay! Now what? Well, just like your home, car, or body, your investments need an occasional tune-up, or …

Why You Need to Save for Retirement Now

Inside: Well over a third of Americans will retire broke. Find out why and how you can get ahead of the game and amp up your retirement savings. If you have anything saved for retirement, you are ahead of the game. Really. While browsing various retirement articles, facts, and figures …

New Goals for a New Year and a Look Back

Happy New Year! Have you kicked out 2017 and ready for something new? I certainly am. Having a calendar year mark the occasion of reflecting on the past and setting new goals is as good a time to start as any other. So, we’ll go with it. Was the year good to you? Awful? A mix? A year ago I …

Too Busy to Worry About Saving for Retirement? Let a “Good Enough” Mindset Get You Started.

Inside: If "too busy" is your excuse for not getting a start on saving for retirement, find out how a little change in mindset can get you over the initial hurdle. Life is hectic. Between kids and work and stuff that needs to get done around the house and that Zumba class and everything else, you …

401(k) Vesting Schedules and Why You Should Care

Inside: Is all the money in your 401(k) really yours to keep? It may not be, depending on the vesting schedule and your tenure at work. Vesting may sound like a ceremony of sorts, like a golf Masters champion receiving a green jacket. Alas, it is not. In this case, we are talking …

Saving For Retirement Isn’t Enough: Why You Need to Invest

Inside: Saving for retirement is a start, but find out why investing may be the only way to have enough money to retire comfortably, or even at all. You are saving regularly and even have it all automated. Yay! But when it comes to planning for your post-work life, saving for retirement …