401k plans can provide employees with before-tax contributions and free money from your employer. In this article I will explore the pros and cons of a 401k plan and if it is a good plan for you. Why You Should Participate in Your Company's 401(k) Plan There are two primary advantages of participating in a 401(k) … [Read more...]
5 Critical Retirement Planning Steps Every Couple Should Take
Have you or your significant other decided to plan for retirement yet? Far too often, couples go through life without paying attention towards their ever-approaching retirement age and are unprepared when that day arrives. That’s why laying the foundation for retirement is so important early on. Even if an IRA or Roth … [Read more...]
What is a SIMPLE IRA?
Are you an employer or decision-maker at a small business and want a better way to help provide a retirement benefit than providing a 401(k) with high administrative and maintenance costs? If so a Simple IRA account may be for you. A Simple IRA is an employer-funded retirement plan (like 401(k) and 403(b)) created … [Read more...]
10 Critical Steps to an Effective Retirement Plan
Retirement planning can be a daunting and often confusing process. Our resource provides guidance on creating an effective retirement compensation plan and will lead you to understanding an amount that works for you as far as how much you need to retire on. Hopefully you have already initiated some retirement planning … [Read more...]
Does A Reverse Mortgage Enable The Bank To Take My Home?
With the flood of foreclosures in recent years, it is understandable to be concerned about losing your home if you have a mortgage. However, with a reverse mortgage, your home is protected from foreclosure or repossession by the bank as long as you meet the criteria of the loan. The good news is that is that these … [Read more...]
6 Steps to Retiring With Lots of Cash
Want to retire with a lot of cash? All of us want that, but not all of us achieve that. In order to set yourself up to retire with a lot of cash, you need a proactive retirement plan and strategy to help guide you. In this article, six steps to retire with a lot of cash will be examined: needs and wants; government … [Read more...]
What Is The Difference Between A Reverse Mortgage And A Regular Mortgage?
Many people have heard of a reverse mortgage and may be wondering what the advantages of these loans are compared to a regular mortgage. Although both loans are labeled mortgages as they use a home as collateral, there are distinct differences between the two. While a regular mortgage has certain credit requirements … [Read more...]
3 Steps for Average 22 Year Olds to Retire Rich
Are you 22 and want to be rich when you retire? What if I told you with three steps, you could be? It’s not too good to be true; it will just take some work. Building a strong retirement plan early can make all the difference. In this article I will lay out a three step plan to be able to retire rich if you start … [Read more...]
When You Should Have Started Saving for Retirement
How could one person invest $1,000 and have $5,400 for retirement, while another might have invested the same amount but only have $2,500 with no additional retirement funds saved up? Every working adult should know at some point in their career that planning for their retirement is vital, especially if he or she have … [Read more...]
Can I save $100 per month towards Retirement?
How can some people have more than $1 million saved for retirement, while others have nothing at all put away for their Golden Years? Two words, retirement planning. Retirement Planning to Succeed Retirement - the thought can be both exciting and daunting. It's exciting because you finally get the chance to get … [Read more...]
