Category : Retirement Page 4

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 budgetin..

Most people are notoriously bad at saving for their retirement. In fact, over 45% of people have nothing saved for retirement. Despite the fact that the sooner you start saving the less you will need ..

There are two main schools of thought when it comes to retiring and drawing down the money from an investment portfolio. One common practice is called the four percent safe withdrawal rate. The other,..

Since the first 401k became available as part of The Revenue Act of 1978 they have become a mainstay in retirement planning. While most people are familiar with the 401k plan, many people struggle wit..

If you ask someone about their bucket list, or if you think about your own, odds are a few items on that list involve travel. If you dream of walking the Great Wall of China or seeing the Pyramids of ..

It’s one of the most strongly recommended pieces of advice when it comes to early retirement strategies: You need to pay off your mortgage as soon as possible and become debt-free. While the benefit..

People Are Living Longer According to estimates published by the Office for National Statistics the average life expectancy for newborn girls is on course to reach just under 97 years and four month..

This is a post from Pauline of InvestmentZen.com Sometimes, there seems like there is not enough money to do it all. Save for the next holidays, for a new car, to buy a house, send the kids to college..

Forbes published a story recently about a famous pianist who died and left her daughter a significant amount of money in her IRA. The daughter wanted to purchase real estate with the money she inherit..

When you’re young and starting your career, the secret to wealth involves hard work and knowledge that will translate into a successful career. You can always make investments and continue to grow i..

Planning for retirement can be a contentious issue – in large part because it brings up a lot of worries about both financial security and physical well-being – and this can cause people to avoid ..

Personal Capital is a great platform for managing your finances, but when you look beyond the surface it offers so much more. It gives you the ability to keep track of all your financial accounts, and..

Hello everyone, I hate to bring bad news, but there is something going on around you, something you may have missed until now, but it is something we absolutely can no longer overlook as responsible i..

500 years ago it took a century for significant change to occur. Today, meaningful change can occur in months. It will be our ability to grasp these changes that will radically affect our lives for b..

Recently I shared about the 7 Gears of Wealth and focused on the first gear; which is cash flow.  There is an old saying among investors that says, “Happiness is a positive cash flow”. The secon..

Using an IRA to supplement your Social Security can improve the quality of your retirement, but there are some things you have to be aware of. Having an IRA can affect your benefits, but it will not r..

Since the early 1980s, 401(k)s and individual retirement accounts have become the dominant way that workers save for retirement. Yet many workers long for the days of traditional pensions when you cou..

We all want to live long, healthy useful lives. A solid retirement plan is one of the best means of achieving security in advanced age, and even sooner if one plans to build enough wealth to retire ea..

As more and more people begin to enter their retirement years they are finding that generating income to fund their expenses can be very difficult. Before 2008, most retirees used a healthy dose of tr..

Most investors mistakenly believe they have a “self-directed IRA” when in fact they really have a multiple choice IRA.  You may self-direct your account as long as you buy stocks, mutual funds, o..

If you have researched investment options for retirement, you’ve certainly noticed the dozens of different strategies and ideologies touted by investment professionals. Too many confusing options an..

This could be a long list, but of course, this is a finance site. So, we’re talking about money. Being an adult has lots of ramifications. If you are in your second, third, fourth, fifth, (or more) ..

How old are you? In your 30s? Poor you. Still, a long way to go until you finally reach your career goal: retirement!! Sure, work gives our life meaning and purpose. But wouldn’t it be great to slee..

Does retirement scare you? You’re not alone. According to the National Institute on Retirement Security, 51% of Americans are concerned that the COVID-19 pandemic has impacted their ability to save ..