Okay, so should you have New Year's Resolutions? No. Let's call them habits as resolutions haven't really worked for most. Do you know when new memberships are highest at gyms? You guessed it. In December and January. People are all gung ho to get in shape and when do we start? In January! A new year! A new chance!
When you retire things can change—a lot. After a lifetime of going to work and saving and investing, you now have more time and are not saving and investing anymore—you’re just spending. Those are big changes for most people and may not be easy.
There was a 6% company match so for the first 6% Steve put in, the company matched that 100%. Example, Steve’s 6% is $4,500, his company matches $4,500. Nice
In 2021 we’ve seen more people retire than ever before. The Great Resignation has made headlines as workers seem to be quitting in every industry and Help Wanted signs are everywhere. After almost two years of the pandemic and working at home, many workers now know the benefits of skipping the morning commute, more time with family, and possibly a more relaxed work day than being in the office.
Even the most careful people are not immune to identity theft. According to a recent report, 47% of Americans experienced financial identity theft in 2020.2 That’s nearly half of all adults, and that only includes the cases of identity theft that were properly reported
What you really need to know is the difference between the “free money” and the money that you’ll have to earn or pay back later.