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The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South Coast Air Quality Management District).
The report, which examined various obstacles in saving for retirement among baby boomers, Generation X, millennials, and Generation Z, found that younger generations were far more confident in ...
What is the retirement savings bomb, why is it ticking louder? The time bomb is the tax embedded in every traditional IRA and 401(k) account that is tax-deferred. I’m not talking about Roth IRAs ...
All Debt Is Bad. It’s generally wise to avoid debt, unless the alternative involves hindering your retirement plans or cutting into your nest egg. “One of the most pervasive myths among baby ...
The average retired-worker benefit at age 66 is $1,740 per month, which is $442 higher than the average benefit at age 62. The average retired-worker benefit at age 70 is $2,038 per month, which ...
Increase your retirement savings contributions First off, if you have a 401(k) , consider upping your contributions; if possible, try to take advantage of your full employer match. Remember, even ...
Here’s how to invest your money after retirement so it can continue to last you through your golden years. 1. Calculate your retirement expenses. When you were saving for retirement, you were ...
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