Stoll and Basler Financial Services
  • Home
  • Services
  • Our Team
    • Clay Stoll
    • Junie Basler
  • Resources
  • Blog
  • Contact

Blog

Retirement Savings Tips for Millennials

5/22/2018

 
Picture
​A recent study from the Transamerica Center for Retirement Studies found that the median retirement savings for millennials is $31,000.1 That amount may be a good start, especially if you’re just starting your career. However, given the challenges millennials will face in retirement, you’ll likely have to save a substantial amount over the remainder of your working years.
 
Millennials will face a number of difficult challenges. The first is simply life expectancy. People are living longer than ever, and life expectancy will only continue to increase as medical treatments evolve and advance. If you retire at traditional retirement age, it’s possible that you could live in retirement for 30 or even 40 years.

Read More

Tips to Help You Save for Retirement While You’re Paying Off Student Loans

5/22/2018

 
Picture
​Are you one of the millions of Americans struggling with student loan debt? According to statistics from the Federal Reserve, Americans owe more than $1.4 trillion in student loan debt. That’s nearly double the aggregate credit card balance. More than 40 percent of Americans have student loans, and 11 percent of them are in delinquent status on those obligations.1
 
If you’re dealing with student loans, retirement may not seem like a high priority. That’s especially true if you’re decades away from retirement. You might feel urgency to pay off your student loans before you begin saving for the future.
 
Ignoring retirement could be a mistake, however. While retirement may be years away, that doesn’t make it any less of a priority. You may need to fund decades of living expenses in retirement. That kind of financial challenge requires a substantial amount of savings. 

Read More

    Archives

    June 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    October 2019
    September 2019
    July 2019
    June 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
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017

    Categories

    All
    Age
    Employer Plans
    Estate Planning
    Financial Planning
    FRA
    Future Planning
    Health Care
    Managing Medical Expenses
    Retiree
    Retirement Planning
    Social Security
    Tax Planning

    RSS Feed

Stoll and Basler Financial Services
​47 South Fourth St.
Ste. Genevieve, MO 63670

p. 573.883.2824
​e. cstoll@c1s.net
SITE MAP
Home
About
Services
Our Team
Resources
​Contact

Securities offered through Client One Securities, LLC Member FINRA/SIPC.  Stoll, Basler Financial Services and Client One Securities, LLC are not affiliated.
Check the Background of a Financial Professional.
  • Home
  • Services
  • Our Team
    • Clay Stoll
    • Junie Basler
  • Resources
  • Blog
  • Contact