In today’s age there’s little we can all agree on. But one common goal we all share is to enjoy a satisfying retirement. Achieving this goal is sometimes not so obvious, but there’s nothing more resourceful than a 401(k) to help you inch closer to making your dreams a reality. And if your employer is contributing funds to make this nest egg grow even more, all the better! But we are all painfully aware of how unpredictable life can be. What if something crazy happens and you need cash—and you need it now? If you’re tempted to crack open your retirement piggy bank early to help out with some pressing expenses, we urge you to read this first.
Everyone's lifestyle, and everyone's retirement, looks different. Maybe you'd like to retire to some sunny locale outside of the United States, or maybe you'd like to move closer to your grandchildren, because family is important to you and you want to be an active part of your grandchildren's lives. Or, perhaps you've always wanted to travel the world during your retirement, never staying in a single place for longer than a few weeks.
Investing is all about benchmarks. To understand the success of a given investing strategy, you need to understand the most common metrics used in analysis and reports. Average returns and actual returns are two of the most common.