Many baby boomers are choosing to work a few years longer than the previously planned retirement age. There are a few advantages of that. First of all, you keep contributing to your 401K or IRA which helps building or recovering some of the losses you had in the past few years. Second, with a steady [...]
Posts under ‘Retirement Planning’
Does your employer offer a retirement plan?
If your employer offers a retirement plan, join it as soon as you can and contribute as much as the plan allows. People tend to distrust the stock and mutual funds during bad economical times. But the best time to invest is in bad economy and when the stocks are low. Even in a time [...]
Retirement investing requires discipline
When it comes to retirement investing, it’s not about how much you put in once in awhile, it’s all about saving a set amount constantly and regularly. When you decide on your monthly contribution amount, set it at a level that you comfortable. Don’t try to put in so much in the beginning and stop [...]
Women usually invest more conservatively than men
If you find yourself choosing more conservative ways of putting your retirement, you’re not alone. Women usually invest more conservatively than men. There’s nothing wrong with that. The rule is to start early and invest regularly. Choose carefully where you put your money and learn how to make your investments grow. The simplest retirement investing [...]
Women can expect to live another 20 years in retirement
On average, a female retiring at age 65 can expect to live another 19 to 20 years. That’s at least 3 years longer than men who retire at the same age. Which makes it more important to plan retirement early and start saving early. Savings can increase your chances of having enough money to last [...]
Retirement planning sounds so far ahead, but you need to start as soon as possible
For most people, retirement seems so far ahead. Every few women start thinking about their retirement planning until children are out of the house. Mostly in their late 40s and 50s. But keep one thing in mind, the earlier you start, the easier it is. It’s a simple number game. The longer you save and [...]
Roth on Roids For IRA – Retirement Plan Investing – CPA Or Lawyer Viewpoint
By Rocco Beatrice With a Roth IRA on Roids, you could contribute $5,000, $20,000, $50,000 and $100,000 depending on how much money you have and how much you want to contribute and when you want to begin to withdraw your money. It is powerful wealth building tool. When I heard about this from Roccy DeFrancesco, [...]
Self Directed IRA Account – The Best Retirement Plan For Business Savvy People
By Ricky Devel It was in 1975, when an investment option was introduced and grouped in the lists of the individual retirement accounts, which is now commonly known as the Self directed IRA account. Many people who begin to study all the possible retirement investing selections, most of the time don’t take a good look [...]
I Want To Catch Up On My Retirement Planning What Should I Do?
Good question and even better, you’re thinking in the right direction about your future which is someday retiring. If you’re one of those people who haven’t saved any or very much money for your retirement, it’s never too late for you to start now! It’s important that you do start and soon. It doesn’t take [...]