Tag
Tag: retire
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Saving For Retirement in Your 30’s
Posted on January 7, 2019
Categories: Budgeting, Retirement, Savings
Congratulations, after your roaring twenties, you have made it to the thriving thirties. Unfortunately, with another candle added to the cake comes another responsibility. People in their thirties have a very high amount of expenses from a house payment to the cost of little ones, which is why we wanted to offer the following solutions to saving.
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Retirement Savings Made Easy
Posted on October 18, 2018
Categories: Budgeting, General, Retirement, Savings
When you are in the early stage of your career, there’s usually lots of bills that add up. Things such as rent, student loans or car insurance can truly wipe out your bank account. We want to make sure you avoid excess financial stress, which is why we’re offering four simple strategies on how to start saving early for retirement.
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How Much Money Do You Need to Retire?
Posted on September 18, 2018
Categories: Budgeting, General, Retirement, Savings
Asking yourself how much money you need in order to enjoy a comfortable retirement is difficult. Although it may be a challenge to figure out how much money you’ll need, a true monetary amount is different for everyone. It depends on factors such as where you’ll live, how healthy you are, and what you want to achieve in retirement. For example: travel or try exciting, new adventures. Ultimately, it depends on your lifestyle. But, here are some general guidelines to help you refine...
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How to Save for Retirement at Every Age
Posted on March 15, 2017
Categories: Personal Finances, Retirement, Savings
How much do you need to retire? Will you continue working after age 65? Do you want to travel during your retirement? These are just a handful of questions that are important for retirement preparation. Unlike saving for a home or new vehicle, saving for retirement requires long-term commitment and goal oriented benchmarks. At Fairfax State Savings Bank we want to help you succeed as you save, and offer these milestone marks:
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How-To Save $1,000,000 Before You Retire
Posted on May 25, 2016
Categories: Personal Finances, Retirement, Savings
Retirement may seem an eternity away; however, even if it’s a dream 20 years down the road, saving for retirement shouldn’t wait until the goal is in sight. Rule of thumb says you’ll need $1,000,000 in savings to retire comfortably. Our experts at Fairfax State Savings Bank recommend taking the following steps to save with the future in mind: