Posts Tagged: retirement savings

Many people view their retirement accounts as flexible savings that they can use in various situations. From helping out their adult children, financing a business (for themselves or a family member), or even when accidents occur, such as a cracked engine block. Retirement sounds like an ideal situation where folks finally get to retire from… Read Article →

The following is a guest post by Kevin Driscoll, the VP of Advisory Services at Navy Federal Financial Group. Social Security has long been considered the third rail of politics – an untouchable policy issue. When President Bush grappled with it during his 2004 reelection campaign and launched an initiative to create personal Social Security “nest eggs”… Read Article →

Most Americans know they need to save more for retirement. But most Americans aren’t doing it. Just how bad off are some of them? A study by the U.S. Government Accountability Office found that about half of households 55 and older had no retirement savings at all. A Retirement Disaster Clearly, many Americans could be headed for… Read Article →

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