In times of financial difficulty, it is tempting to turn to just any source of funds. According to Time, 25%…
Tag: retirement planning
In a recent CNN Money article, I read that upwards of 60% of workers have less than $25,000 saved for…
The secret to financial independence isn’t the career path you choose or the investments you make. It’s actually much more simple. Certified Financial Planner Rick Kahler explains.
Certified Financial Planner Heidi Davis explains what an Individual Retirement Account is, how it might benefit you and how to choose which kind of IRA is right for you.
It’s best to start saving for retirement as soon as you start working. Even if you’re only part-time, you should put away what you can from each paycheck. Every little bit helps and will add up over time. If you weren’t able to start saving early like this, however, it’s not too late to get back on track and begin saving now. You may need to make some adjustments in your lifestyle today to accommodate for tomorrow, but there’s still time.
It’s typically a joke you hear your parents say: “We’re spending your inheritance, but we’re having fun while doing it!” Couples and individuals of all ages contemplate whether they should focus on putting away money for their retirement years or spending the money now on things they love doing, like traveling, charity or buying a dream home. We cover ways to strike the balance and how to figure out if you’re saving enough.
Certified Financial Planner Kevin Worthley explores the pros and cons of insurance annuities, and whether they make a good investment in the current economic climate.
Have you considered socking away money for retirement in an IRA? If so, do you know which kind of individual retirement account is right for you – i.e. traditional or Roth? David Young explains the basics of both the traditional IRA and Roth IRA, and helps you where to put your savings.