Tag: Real Estate

How to Invest for Retirement

Park your money in the right accounts. The U.S. tax code offers several advantages for retirement investors.
Investing for retirement is more complicated than opening an IRA or maxing out your 401(k). In fact, according to a 2010 survey by Charles Schwab of people 50 and older, nearly one in three say they find investing for retirement a bigger challenge than dealing with expenses or saving money. And no wonder: Pensions have mostly given way to so-called defined contribution plans — think 401(k), 403 (b) and 457 plan — which have placed the burden of investing to provide for a steady income on your shoulders.