FN Research

[...] $17,000 for a total of $40,000 in annual income. However, Jim and Peggy drew from their retirement savings to cover those unexpected expenses, dropping their savings to just $380,000. They also [...]

[...] life insurance, and he had no way to pay for her funeral other than to cash out some of his retirement savings. Cashing out his retirement savings came at a steep financial penalty; yet, Leroy had no [...]

[...] and high unemployment rates, thereby contributing to higher consumer debt and a lack of retirement savings. Gen X is currently on track to replace only a measly 50 percent of their current income in [...]

[...] crisis. It’s only getting worse from here. What have you done to protect YOUR retirement savings? ‘The Mysterious Harvard Genius’ I am not going to bore you with a history lesson. [...]

[...] studies are invaluable guides if you are new to investing or investing seriously. The Irishman Sean Quinn offers one of the most quintessential riches-to-rags story I’ve yet seen. Six years ago, [...]

[...] , it can happen to you, too. Here are 11 real life examples of billionaires gone broke: 1. Sean Quinn: Ireland’s Richest Man Becomes Common Criminal Once the richest man in Ireland, Quinn was [...]

[...] is $25,000, and it doesn’t even have to be cash on hand. It can be $25k sitting in your retirement account. As my interview with Cowan unfolds the advantages of this incredible ‘asset column’ [...]

[...] do it just as often. If your employer currently adds 5 percent of your income to your retirement account, don’t be surprised if that contribution drops to 3 percent next year. Treat your [...]

[...] . Best of all, you don’t have to have cash on hand. It can be money you saved up in your retirement account. Second, the collective takes care of all of the due diligence. Companies go to the [...]

[...] his wife Patricia and with her raised two children, all the while putting money into his retirement account, as well as his joint savings account that he shared with his wife. After spending more [...]

[...] of his fortune on the health of the bank. Ultimately, the Anglo Irish Bank proved a high-profile victim of the Irish financial crisis of late 2008. This protracted [...]

[...] over $6 billion dollars. After investing more than 25% of his family’s fortune in Anglo Irish Bank, he borrowed against his investment at the worst possible time. This resulted in Quinn owing [...]

[...] of us dream of retiring before age 65. Unfortunately for most, financial considerations like Social Security and retirement pensions conspire to make early retirement difficult if not downright [...]

[...] would have been set financially if they had had realistic expectations for retirement. Social Security gave them a combined $23,000 every year, and if they had chosen an annuity, they would [...]

[...] more money on their own than you or your parents required. According to the Social Security Board of Trustees, by the year 2060, a whopping 22 percent of the population will be 65 or [...]

[...] . Take Emily and Russell Goldwing for example. They saved up $475,000 for their retirement. Social security gave them $1,700 per month and their $475,000 gave them $2,000 per month. Guess what they [...]

[...] accounts, these ordinary Americans are pulling in “Billionaire Returns” according to CXO Collective, one of the biggest collectives in the country. And the way they do it is shockingly simple. [...]

[...] is ‘none of the above’. According to wealth specialist Corbin Cowan, founder of CXO Collective, most of the highest and safest returns can be found right in your back yard. The [...]