Tag: Retirement
How to Save Money for Care Home Fees
Care home fees are rising, which is making it harder for people to afford long-term care as they age. You have to start early to save for your retirement; if you don’t, you may find it a struggle to pay the high cost of care home fees. Here are some ways you can begin saving […]
Saving Money With Online Tools
Most people have a good understanding of their personal finances. Still, managing finances can take a considerable amount of time. Fortunately, the Internet provides a number of tools to help you manage your finances more easily and effectively. Here are some great tools to use. Online Banking Interfaces Remember a time when banking was done […]
7 Reasons to Save Money
In these trying times that we are living today, saving enough money becomes a necessity. You have to save not only for the rainy days. But, you must save money also for the following reasons: 1. Emergency Saving money will allow you to have an emergency fund if anything unexpected happens. If you suddenly lose […]
Smart Ways for Students To Invest Money
For college students it seems very difficult to save and invest money. There is no easy way to invest money. But, if you start investing from an early age then it will help for your financial development over the years. There are ways to invest but before you start investing clear off all your debts. […]
How to Balance Saving for College vs Saving for Retirement – Infographic
There are two major things that every family has to save for, college and retirement. Figuring out how to do both correct is not easy to do. Most people end up not doing either one. The infographic below shows ways to accomplish both goals. Check it out. Related articles Saving for Beer or Retirement the […]
Why Boomers Are Not Saving Enough For Retirement
The statistics show half of all Americans are not saving for retirement. According to Life Insurance and Market Research Association(LIMRA), a financial services trade organization, one-third of Americans over age 50 have worked with a financial advisor. The survey asked consumers what investment vehicles they were using to save for their retirement (when they were) […]
Why Women Need To Save More For Retirement
In a conversation with my wife about our future financial plans the subject of longevity came up. We discussed our possible longevity and how it would effect our retirement. Our estimation of a possible life into our 90’s came up. Determining we could live so long and the statistics of women living longer had to […]
When Should You Save Retirement Money In A Taxable Account?
Everyone knows that when you are saving for retirement that you must use tax efficient accounts like IRAs and company 401Ks. Using tax deferred growth is one of the best ways to grow your retirement nest egg. Though tax savings accounts are the best way to invest for retirement, sometimes a taxable account is the […]
Can You Withdraw Money From A Roth IRA Early?
My daughter has just been hired at a new job and she will be making more money than her last job. She wants to open a Roth IRA. It seems to be not a priority to her. But from my point of view it is. I want to encourage her to do this because starting […]
Follow Us!