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Tips for Financial Resolutions

Tips for Financial Resolutions

Nearly one third of those that make New Year’s resolutions vow to tackle their finances—mainly saving more and spending less—two key factors that can help pad your retirement fund as well. And Money magazine says if you’re going to keep one resolution, boosting retirement savings is it. It also seems to be the consensus that automating those savings is the key to keeping your resolution. What you do not have, you do not miss. Set a savings goal for each…

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Are you ready to retire?

Are you ready to retire?

Celebrated every third week in October, National Retirement Security Week is a concentrated effort to raise awareness about the importance of saving for retirement. When Senators Gordon Smith (R-OR) and Kent Conrad (D-ND) introduced the first resolution establishing National Save for Retirement Week in 2006, one of the goals was to encourage employees to save and participate in their employer-sponsored retirement plans. In 2016, recognizing the significant increasing cost of retirement, the Senate passed Resolution 575 supporting the goals of…

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