Browsed by
Tag: Vanguard

How to retire with enough savings

How to retire with enough savings

It can be downright scary if you realize you don’t have enough to retire. What can you do to create more retirement income? The Vanguard Group, an investment management group who provides world-class record keeping for Christian Brothers Services, recommends a few tips. Try to put into practice a few of these steps to a more comfortable retirement. Compiled from Vanguard’s lesson, “How can I have enough for retirement,” For the full lesson visit, https://retirementplans.vanguard.com/VGApp/pe/edu/catalog/how-can-i-have-enough-retirement-income/3?gh_sec=n Demolish your debts You can…

Read More Read More

Retirees, get ready for year-end

Retirees, get ready for year-end

The end of the year brings with it the impetus for review and taking into account any issues needed to be resolved by Dec. 31, and some can help reduce your taxes. Keep in mind that once you reach age 70 ½, you are required to take a minimum distribution amount from your retirement account annually.  According to Christian Brothers Services’ partner Vanguard, if you do not take withdrawals, or you take less than you should, you’ll owe a 50…

Read More Read More