Pay Off Debt or Save for Retirement?

One of the biggest challenges to making smart money decisions is that many important goals compete for our limited dollars. That’s exactly the case for folks who want to save for retirement but also get out of debt.

Read Now

Why squirreling away every spare dime into your 401(k) is a bad idea

  • Once you’ve reached retirement, you want a combination of taxable, tax-deferred and tax-free pots of savings.
  • Hoarding all of your savings into 401(k)s and traditional IRAs leaves you with less flexibility – and more of your income will be subject to rates as high as 37 percent.

Read this article on CNBC.com

Read Now

Saving enough? 3 questions to answer that will help grow your retirement nest egg

According to a Bankrate survey only 39 percent of Americans are able to fully cover a $1,000 setback using their savings. Here are some ways you can stop wasting money on little things.

Read this article on USA Today.

Read Now

As heard on the radio

Hello Sacramento Show

Why squirreling away every spare dime into your 401(k) is a bad idea

  • Once you’ve reached retirement, you want a combination of taxable, tax-deferred and tax-free pots of savings.
  • Hoarding all of your savings into 401(k)s and traditional IRAs leaves you with less flexibility – and more of your income will be subject to rates as high as 37 percent.

Read this article on CNBC.com

Read Now

Saving enough? 3 questions to answer that will help grow your retirement nest egg

According to a Bankrate survey only 39 percent of Americans are able to fully cover a $1,000 setback using their savings. Here are some ways you can stop wasting money on little things.

Read this article on USA Today.

Read Now

Life happens: A broken-down car. A leaky roof. A broken bone.

If you were hit with a $1,000 emergency, would you be able to cover it?

For the majority of Americans, the answer is no. Only 39% of Americans say they would be able to pay for a $1,000 unplanned expense, according to new report from Bankrate.

Unexpected bills aren't uncommon. More than one-third of households had a major unplanned expense last year, the survey showed, with half of those costing at least $2,500.

Read this article on cnn.com

Read Now

Downside of Automatic 401(k) Savings: More Debt

Automatic enrollment has pushed millions of people who weren’t previously saving for retirement into 401(k)-style plans. But many of these workers appear to be offsetting those savings over the long term by taking on more auto and mortgage debt than they otherwise would have.

Read this article on WSJ.com

Read Now

Credit card debt hits a record high

Credit card debt hits a record high. It's time to make a payoff plan

Read this article on CNBC.com

Read Now