Business

Instead of saving a total sum for retirement, I started thinking about how much I want to 'earn' monthly and it made me reassess the way I invest

27 days ago   |   By Business Insider

The stock market fell dramatically early on in the COVID-19 pandemic as businesses closed in the US and around the world.
While my stock values fell, other parts of my portfolio were less affected.
Most people set a savings target for their retirement, but it's just as important to consider the cash flow your portfolio can generate.
Use Blooom to analyze your 401 today and see how you can grow your retirement savings »
March 2020 is a month most of us will never forget. That was the month when the reality of the coronavirus set in across the United States and millions of Americans were...
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I thought about pausing my retirement contributions when the pandemic slashed my income, but 2 financial planners convinced me not to

I thought about pausing my retirement contributions when the pandemic slashed my income, but 2 financial planners convinced me not to

27 days ago   |   By Business Insider

Courtesy Jen Glantz
I started saving for retirement two years ago when I turned 30. I was way behind, so I planned to save aggressively in 2020 to catch up.
But then the pandemic took a bite out of my freelance income, and I wondered if I should stop putting away cash for retirement altogether.
I asked two financial planners, and they both said to keep saving, even if I have to reduce my contributions somewhat while my income is down.
Use Blooom to analyze your 401 today and see how you can grow your retirement savings »
At the very top of my New Year's resolution list for 2020 was the...
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