Retirement

Everyone’s dream retirement isn’t the same, but there is no doubt that in every retirement dream, you, the main character, is living the sweet life. Learn some tips and advice on how to achieve the financial freedom that will let you retire in style.

The Benefits of GuidedChoice’s Managed IRA’s
  • The Benefits of GuidedChoice’s Managed IRA’s

The Benefits of GuidedChoice’s Managed IRA’s

By |April 7th, 2018|

Trying to understand all the terminology of investing, and which company’s offer what can not only be confusing, but quite overwhelming. Some company’s offer higher returns compared to others. But if you look at all the fees, it isn’t always worth it in the end.

So what makes GuidedChoice stand out when it comes to […]

Roth IRA Conversion Ladder for Early Retirees: Decoded
  • Roth IRA Conversion Ladder for Early Retirees: Decoded

Roth IRA Conversion Ladder for Early Retirees: Decoded

By |March 26th, 2018|

It’s most likely that you would have browsed through many articles debating on IRA v/s Roth IRA, but would have found out a no concrete answer as the decision is subjective and both IRA and Roth IRA have their pros and con. However, we might have a perfect advice for you, if you plan […]

The Link Between Retirement and Investing

By |March 21st, 2018|

Before the turn of the 21st century, it was common for companies to offer their employees a pension. This pension system worked by shifting the burden of saving for retirement onto the employer instead of the employee. Many people found that they didn’t need to set aside money each month in order to plan […]

Value Investing Offers the Biggest Bang for Your Retirement Buck
  • Value Investing Offers the Biggest Bang for Your Retirement Buck

Value Investing Offers the Biggest Bang for Your Retirement Buck

By |March 9th, 2018|

Have you ever heard of the term “torpedo stocks”?

If you’re currently saving for retirement by buying stocks, this is a term that you should definitely be familiar with.

In my last article on Modest Money, I discussed the pitfalls of index fund investing. In my view, index funds are likely to lead to pain, rather […]

How to Invest your Retirement Savings
  • How to Invest your Retirement Savings

How to Invest your Retirement Savings

By |February 19th, 2018|

If you’re just starting to invest for retirement, you may be making a big mistake without even realizing it.

For decades, the industry drumbeat has been that stock investing is extremely challenging for individuals. These days, those on Wall Street picking stocks for funds have PHDs, or MBAs, on top of Chartered Financial Analyst (CFA) […]

Why Your 401(k) Plan Is Your Most Powerful Investment Account
  • Why Your 401(k) Plan Is Your Most Powerful Investment Account

Why Your 401(k) Plan Is Your Most Powerful Investment Account

By |January 16th, 2018|

As an investor, you have many different accounts that you can use to invest your money in. And each of these different accounts has its own advantages and disadvantages. But there is one account that stands head and shoulders above the rest. It is your 401(k) plan.

What makes your 401(k) plan the best place […]

How You Can Invest in Real Estate Using a Self-Directed IRA
  • How You Can Invest in Real Estate Using a Self-Directed IRA

How You Can Invest in Real Estate Using a Self-Directed IRA

By |December 24th, 2017|

What is a Self-Directed IRA?
An Individual Retirement Account (IRA) is a type of savings account that is designed to help you create a healthy nest egg for your retirement while offering multiple tax benefits. However, regular IRAs limit your investments the more traditional assets options such as to mutual funds, stocks and bonds. Whereas […]

How to Prep Your Home for Senior Living
  • How to Prep Your Home for Senior Living

How to Prep Your Home for Senior Living

By |November 23rd, 2017|

Barring some manner of unforeseen tragedy, we are all going to grow old. This is a fact that we seem to be evolutionarily predisposed to ignore. Old age seems to catch us by surprise, as if such a thought never occurred to us. That might explain why making financial plans for retirement is so […]

Here’s What Young Professionals Need to Know About Investing
  • Here’s What Young Professionals Need to Know About Investing

Here’s What Young Professionals Need to Know About Investing

By |November 16th, 2017|

Once you’ve started your career and are bringing home regular paychecks, it’s time to start thinking about investing. The sooner you start putting money away for the future, the sooner you’ll reach your financial goals — and the bigger your nest egg will be when it’s time to retire. Here’s what you need to […]

Making Financial Plans for Retirement
  • Making Financial Plans for Retirement

Making Financial Plans for Retirement

By |October 31st, 2017|

As we journey through our working years, we typically have two major financial goals: To provide for ourselves during those working years, and to set aside some money for after we retire.

The budgeting process for those two functions is very different. For the short-term, it’s all about prioritization and tracking expenses. For retirement, the […]