IF you’ve ever embarked on a big undertaking, whether it’s run ning a marathon or cleaning out your garage, you have probably encountered impediments that delayed or derailed your progress.
Some—a knee injury, for example— are significant. Others are more accurately characterized as excuses; you’re not sure what to do with those old cans of paint, so you decide to watch Netflix instead.
Similarly, you’ll likely face barriers and detours on the road to a com fortable retirement. According to a recent Charles Schwab survey of 401(k) participants, 99% of Genera tion Z workers say they face obstacles in saving for retirement (up nine per centage points from a year earlier), followed by 88% of millennials and 91% of Gen Xers. But whether you are just starting your career or ap proaching the end of your working years, there are strategies you can adopt to navigate your way to a secure retirement.
OBSTACLE: No room in the budget to save
Denne historien er fra February 2024-utgaven av Kiplinger's Personal Finance.
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Denne historien er fra February 2024-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
MAKING A DIFFERENCE IN THE LIVES OF DISABLED VETERANS
He suffered grave injuries in the line of duty. Now he helps other veterans who have disabilities.
DO YOU NEED UMBRELLA INSURANCE?
A policy can protect you from financially devastating events.
Navigating Finances as a Blended Family
Money matters can get complicated when two families unite. Planning is key.
BREAKING UP WITH YOUR BROKER
Be aware of these challenges when you move your money to a new home.
CHOOSE A MEDICARE PLAN THAT'S RIGHT FOR YOU
Consider your health care needs over the long term as you weigh costs and coverage.
Keep Faith in These Stocks
IN 1997, I coined the phrase “faith-based investing.” It has nothing to do with religion or with picking stocks at random.
OUR ESG PICKS ARE THRIVING
Despite an ongoing backlash, our favorite stocks and funds focused on environmental, social and corporate governance issues had a good year overall.
MONEY MANNERS FOR THE MODERN AGE
The customs for splitting a restaurant check, purchasing a wedding gift, tipping and more have evolved. These guidelines can help.
ELECTION 2024: POLITICS AND YOUR PORTFOLIO
Who wins the White House matters—but only at the margins when it comes to your investments.
YOUR GUIDE TO OPEN ENROLLMENT
With health care costs on the rise, it’s critical to select a plan that fits your needs at the right price.