Understand the basics of stocks and bonds and how they interact together with your retirement savings. To watch the stock segment skip ahead to 2:45, and the bond segment begins at 8:53.
Do you find it difficult to sort through all the "expert opinions" and confidently know how much to save for retirement, how much debt is appropriate, or how much to set aside in savings for emergencies? You are not alone. To make life easier, Mellen Money Management created a list of benchmarks that can be useful for anyone looking for general guidance on whether or not they are on track financially.