Category: Retirement
6 Places To Retire Abroad and Save Money
When you retire, where do you see yourself? I see myself on my fishing boat on the middle of a beautiful lake. I am looking for some serenity but that may not be for everyone. Some people may be looking for a more exciting time and one place to have a little more excitement may [...]
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5 Best Money Saving Tips for Retired Seniors
Retired seniors can struggle to make ends meet, particularly with the current inflation rates. Pensions only stretch so far, so retired seniors need to identify the best ways to save money in order to reduce their monthly spending. There are a number of ways you can reduce your outgoings simply by making a few small [...]
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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 [...]
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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) [...]
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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 [...]
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Can I Withdraw Funds from a 401k Before Retirement?
If you are investing in a 401k you are doing a very smart thing. If your not why not? Many people do not invest in a 401k because they feel someday they made need the money. A 401k is a great way to save because the growth of your money is tax free until to [...]
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