Blue Waters Financial Group blog


Should Women Save Differently for Retirement?

By nshapiro | May 4, 2022

A recent study by the National Institute on Retirement Security (NIRS) found that on average, retired women had 83% of the median household income as men the same age. We often…

Cashing Out a 401(k) Early Can Cost You!

By nshapiro | March 31, 2022

A 401(k) plan is hands-down the easiest way to save money for retirement. Money comes out of your check pre-tax, and most employers will match a percentage of contributions. Funds…

Saving for Retirement When You’re Self-Employed

By nshapiro | February 28, 2022

Self-employed comes with benefits, from choosing your own hours to wearing comfortable pajamas while you work. However, being your own boss also means you are responsible for creating your own…

Traditional vs. Roth IRAs: What you should know.

By nshapiro | December 30, 2021

You are saving for retirement and are on the path toward building your nest egg to provide income when you stop working. One common vehicle for savings is the IRA.…

Preparing for a Financial Emergency

By nshapiro | November 22, 2021

Nothing can derail your retirement like dealing with a financial emergency that depletes your hard-earned savings. Your retirement income plan should include dealing with unexpected expenses. In this blog, we…

Choosing a Retirement Advisor

By nshapiro | October 25, 2021

It is never too early to start thinking about your retirement plan. But it’s also never too late to start saving and planning for life after your career. If your…

Staying Active in Retirement

By nshapiro | September 23, 2021

Staying Active in Retirement Many of our blogs on this site deal with planning your financial future in retirement. We are always focused on helping our clients secure retirement income…

Social Security 101

By nshapiro | August 24, 2021

All U.S. workers pay into Social Security. Most people expect to use Social Security retirement benefits when they retire and nearly 65 million Americans currently receive benefits. But there is…

Everything You Should Know About 401(k)s

By nshapiro | July 19, 2021

Over the past few decades, pension plans have been replaced by 401(k)s as employer sponsored retirement plans. Over 27 million Americans contribute to and rely on 401(k)s as their primary…

The Top 5 Things You Forgot to Consider While Planning for Retirement?

By nshapiro | June 30, 2021

It sounds simple: Save money while working, invest responsibly, retire, and live on the nest egg you created. The dream of retirement includes living without worrying about running out of…

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