Could you see yourself retiring on just $35,107 per year? This is the reported median household income for the retired population today (with inflation and time value of money considered) according to Forbes.com, along with a reported median spending that averaged $31,165. How long can you afford to outspend what you … [Read more...]
What are the Five Biggest Risks to my Retirement Planning?
Monetary inflation, the high cost of health care, and being forced to dip into life savings are just a few ways that your carefully thought out retirement plan can be devastated. Without being properly prepared, your dream of a comfortable later life could be shattered. It is simplistic to think that retirement will … [Read more...]
How much should I be planning to save for my retirement?
Eighty six percent of citizens have little confidence in their retirement plans or indeed, no plan at all. Many have no idea how much they should be saving to ensure some degree of financial stability in their retirement. Retirement planning can be difficult - a 'one size fits all' approach will not work. Everyone is … [Read more...]
Ultimate List of Places to Open an IRA
If planning for retirement is important to you then opening an IRA is a great way to start saving money for the future. Whether you're looking to open a new Traditional IRA or Roth IRA or to find a new broker for your existing Individual Retirement Account in 2014 our list offers a wide range of brokers to compare … [Read more...]
5 IRA Mistakes that Cost You Money
In July of 2013, the Worker’s Retirement Institute reported that the average value of IRAs (Individual Retirement Accounts) in the United States fell to less than $28,000 – the lowest number in a decade. This means Americans, some unemployed, must work even harder to pay for their retirement. … [Read more...]
Study: Americans Contributing Record Low Amounts to IRAs
Study: Americans Contributing Record Low Amounts to IRAsA new study from Investment Company Research to examine the role of IRAs in Americans’ retirement preparedness. … [Read more...]
Is a Roth IRA Right for You? Open One Now
Are you wondering how to open a Roth IRA, but not sure where to start? … [Read more...]
New 2019 IRA Contribution Limits & 2018 Updates
Do you know everything you need to know about your 2019 IRA Contribution Limits? Did you know the IRS changed these limits from 2018? … [Read more...]
Roth IRA Conversions: Rules for 2019
First introduced in 1974, the Individual Retirement Account (IRA) has been a preferred way for U.S. citizens to save money for retirement. Although the rules governing IRAs have changed over the years, the basic idea behind an IRA remains the same in, namely, to provide IRA holders tax advantages that encourage them to … [Read more...]
What do you know about the Investment Universe?
You need to get your thoughts about retirement funds in order and you need to understand the worlds in which they may fall under, watch this video and know for sure! … [Read more...]