How to Save for Retirement in the New Year

Resolve to get your finances in better shape. Saving for retirement is a key ingredient for financial success in the long run. Get the details here.

Jan 4, 2014 at 6:42PM

The New Year has started, and among financial resolutions that many people are making, saving for retirement is among the most popular. But given how tough times have been lately, many people don't know how to take steps to boost their retirement savings.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, offers help on how to save better for retirement. Dan suggests first looking at your employer to see if you have access to a 401(k) or other retirement plan at work. Especially at companies that match your 401(k) contributions, it's essential to take advantage of what's essentially free money. Next, use IRAs to your maximum advantage, looking at Roth IRAs to see if the less stringent restrictions on withdrawing money and the potential for tax-free growth make them more attractive than traditional IRAs. Finally, Dan points to low-cost investments as a must-have for retirement portfolios, with individual stocks being attractive as well as low-cost ETFs like SPDR S&P 500 (NYSEMKT:SPY), Vanguard Total Stock (NYSEMKT:VTI), and various ETFs from Charles Schwab (NYSE:SCHW). By following these simple rules, you can save more for retirement and meet all your financial goals.

How to invest for retirement
If you're comfortable with individual stocks, then your best strategy in retirement investing is to buy shares in solid businesses and keep them for the long term. In the special free report, "3 Stocks That Will Help You Retire Rich," The Motley Fool shares investment ideas and strategies that could help you build wealth for years to come. Click here to grab your free copy today.

Fool contributor Dan Caplinger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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