Retirement






If you’re nearing (or at) retirement age, you have probably spent a lot of time considering your finances and the legacy you will leave to your children. While the “golden age” of retirement does offer its perks, ensuring your financial security can be a serious headache. Similarly, due to the current economic situation, a lot […]

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Everybody dreams of being able to retire early, knowing that they will be financially solvent for the rest of their lives. Not everybody is actually able to do so. For every app that makes it big, there are hundreds of failed developers trudging into work every day and hoping that they’ll even be able to […]

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When the Great Recession swept across the United States, retirement plans were put on hold for millions of hard-working Americans. The downturn officially lasted from December 2007 to June 2009, making the 19-month economic skid the longest such morass in U.S. history. But the official dates, which are designated by the U.S. National Bureau of […]

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Many workers set a goal of retiring early. Early retirement can allow you to pursue a hobby or passion full-time. Reaching this goal can be very difficult. It takes years of careful investment planning. A stock portfolio, however, can generate a high rate of investment growth. Use these tips to invest in stocks to reach […]

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Believe it or not, many people leave their old retirement funds behind.  Whether its a partially earned pension or a 401k plan left at an old employer, many people lose the benefits of consolidation and growth that could have been attained if they had consolidated that money with their primary retirement accounts.  Here are a few […]

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As your retirement approaches, you may find yourself with a financial tease: You are allowed to hang up your boots at a certain age, but you can’t draw anything from your retirement (without penalty) until a considerably older age. That is rough. Like the legendary Tantalus, the things you want are very close but somehow […]

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How to Start a Retirement Plan Early

by on September 19, 2013






Designing the right plan for retirement may sound difficult to do, but it’s entirely possible. While some may put off saving for retirement later in life to the point where it’s hard to scrape by, others have put plans in place before they could even drive. So how soon should I start saving? Well, to […]

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I’ve had quite a few jobs throughout my career. All the companies I worked for provided a 401k and all of them provided a 401k match. My father, brother and brother-in-law, however, work for companies that offer pension plans. Of course my first instinct is to compare the value of a 401k to the value […]

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I was listening to CNBC radio this morning and heard some people talking about retirement goals.  Specifically, they were discussing how much harder it has become to reach them.  Especially for the younger generations. Although the baby boomers have had some setbacks, they haven’t taken it on the chin like the next generation – which […]

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You may ask yourself: Do I have enough money saved for retirement? How much should I put aside at my age to be ready for retirement? Before you can answer these questions, you need to look at the broader view of retirement. What does retirement mean to you?  What goals do you have for yourself? […]

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New Retirement Savings Guidelines

by on September 12, 2012






How much do you need to save to retire? According to Fidelity’s latest recommendations, eight times your annual income is the right amount of money to save for your retirement.  Specifically, here is what Fidelity had to say about saving for retirement: In the set of age-based targets released Wednesday, Fidelity says employees should have the equivalent of their […]

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Keys To An Early Retirement

by on August 19, 2012






Retiring early is part of many people’s “dream life”. Sure, we spend the first twenty years of our lives preparing to work at a job (for the next thirty plus years), but the ultimate goal is to be able to do no work at all. While there are very obvious reasons that some people reach […]

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A big part of planning for retirement is estimating your expenses during retirement.  Some people will need more money than they currently spend and others will need less, but when it comes to making assumptions, here are three things that you should take into consideration. Plan for Taxes During Retirement Most people underestimate the amount […]

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Should You Rollover Your 401K?

by on April 25, 2012






Have you left an employer and had to face the question as to what to do with your 401k?  In the most simple of scenarios, you can either keep it with your old employer indefinitely, or you can roll it over to a different account. When rolling over a 401k, you have the option to […]

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The following is a guest post from someone who has learned how to retire the hard way – by already doing it!  Thanks for your post: My wife and I retired 6 years ago, at age 59. Here are a few guidelines that helped us achieve our goals. Pay yourself first. Start saving early. Live […]

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There are thousands of programs and retirement calculators that financial advisors use to help you calculate how much money you’ll need to retire. Each program takes a slightly different approach. Some use a lot of computing power to map probabilities of success based on financial scenarios and some use simple formulas to calculate results. However, […]

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Take Advantage of Your 401k Plan

by on December 19, 2011






The 401(k) or 401k plan, named after the section of the tax code that governs them, is a pre-tax retirement savings plan that lets employees save and invest directly from their salary. Taxes are only paid when the money is withdrawn, which is either during retirement or from an early withdrawal. The plan is sponsored […]

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The Best States to Retire In

by on December 14, 2011






Ok, so you’ve seen lists of the best states to retire in many times before, but each list is based on a set of given principles.  Principles that don’t necessarily apply to every person looking for a place to retire.  For example, most lists use crime rate to determine if a state makes a good retirement […]

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Top Ten Reasons to Retire Early

by on December 9, 2011






We are born and encouraged to learn so that we’ll do well at school.  Then, we go to school from early childhood until early to mid-adulthood.  We graduate and get jobs or careers.  Soon after, we have one long term goal in mind – to retire early.  In fact, we spend most of our lives […]

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When it comes to retiring, you’ll want to make sure you’re as prepared as you can be – and one of the best ways to prepare for retirement is to make sure your finances are at their best.  This can often be easier said than done, though. To get ready to retire, and hopefully retire […]

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Your need for retirement has to be thought about and decided well before you step in for your retirement speech telling your boss about all that you think. It might even be the case that you think you have enough money and so many things in your free time, when you retire. Your retirement party […]

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How to Save for Retirement

by on September 11, 2010






There are too many reasons that compel people to save for the retirement.  Some fear of being unable to pay up for their mounting bills, while a few might just not be comfortable becoming a topic of ‘pity’ amongst their friends and family circle. It is definitely not right to play a ‘miser’ but at the […]

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