
403(b) vs. 457 Plan: Maximizing Your Retirement Savings
Depending on who your employer is, you may not have access to common retirement plans like 401(k)s. Here's a breakdown of 403(b) and 457 plan options to help you strategize for retirement.
Depending on who your employer is, you may not have access to common retirement plans like 401(k)s. Here's a breakdown of 403(b) and 457 plan options to help you strategize for retirement.
Think you can't become a millionaire if a salary of $30,000 a year? Think again. The tactics real people use to save $1 million or more even with modest incomes.
Holly Kylen, a retirement coach and financial adviser in Pennsylvania, suggests doing the financial planning early, so money can be saved for the best-fitting community. “Start pricing them when you’re between ages 50 and 55,” she said. “That’s usually when a person can best focus financially.”