Heritage Financial North
  • Home
  • About us
  • Services
  • Blog
  • Contact
  • Free Review
  • Client Portal

Blog

Retirement Savings Shortfall? 3 Catch-Up Tips

6/21/2018

0 Comments

 
Picture
​Is retirement approaching? Worried that you won’t have enough money? You have company. According to a recent study from the Transamerica Center for Retirement Studies, baby boomers have a median retirement savings balance of only $147,000.1 While that number may represent a good start, it’s unlikely to be sufficient to fund a long retirement.
 
Baby boomers face a number of unprecedented retirement challenges. Many don’t have pensions, which means they have to shoulder the burden of funding their expenses in retirement. Retirees also have to contend with a longer life span, which means they need to cover more years of spending. Health care is also a substantial area of expense.

Read More
0 Comments

What Are Your Options for Your Old 401(k)?

6/11/2018

0 Comments

 
Picture
​Did you leave your 401(k) behind at your old job? According to a study from the U.S. Government Accountability Office (GAO), you have company. The study found that more than 25 million Americans left their 401(k) balance in a former employer’s plan during the 10-year period from 2004 through 2013.1
 
When you leave a 401(k) balance in a former employer’s plan, it could create complications. For example, if the employer is sold or goes out of business, you may have trouble accessing the money. If you pass away, your beneficiaries could have trouble tracking down your old balance.
 
If you have a balance in an old 401(k) plan, now may be the right time to take action. Below are a few options. Consider your unique needs and goals. You also may want to consult with a financial professional to help you decide on the right strategy.

Read More
0 Comments

    Archives

    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018

    Categories

    All
    2020
    Benefits
    COVId
    Economic Update
    Election
    Employer Plan
    Fed Chairman
    File For Social Security
    Financial Planning
    Fourth Quarter
    FRA
    Insruance
    Insurance
    Long-term Care Insurance
    Managing Healthcare Expenses
    Portfolio
    Retirement
    Retirement Community
    Retirement Income Planning
    Retirement Planning
    Risk
    Risk Tolerance
    Social Security
    Stock Market
    Tax Planning
    Tax Tips 2019
    Volatility

    RSS Feed

Call Us Toll Free 888 579 0429
​
1700 S El Camino Real, Suite 375, San Mateo CA 94402

Heritage Financial North BBB Business Review
Picture
© 2022 Heritage Financial North | Advisory Services Offered Through CreativeOne Wealth, LLC  a Registered Investment Advisor.
​ Heritage Financial North, Heritage Financial North Insurance Services  and CreativeOne Wealth, LLC are not affiliated. |  CA Insurance License # 0E02803
  • Home
  • About us
  • Services
  • Blog
  • Contact
  • Free Review
  • Client Portal