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...]
Will Your IRA Go Unprotected During Bankruptcy?
Can’t pay your bills? Car repossessed! Checks returned marked ‘insufficient funds’! This is an all too common scenario for some anxious individuals who may be forced to file for bankruptcy largely as a result of living in current strained financial times. However, just because you filed for bankruptcy does not mean … [Read more...]
Retirement Planning: The Five Most Important Steps
Tax breaks, stock market behavior, the ever-fluctuating 401(k) & IRA rates; understanding these crucial sectors of your retirement plan can mean the difference between comfort and financial woes in your later years. Finding the best IRA rates is helpful to those who seek an early retirement age. Being prudent with … [Read more...]
Retirement Calculator – Your Monthly Savings Plan Contribution
A lump sum of $750,000 upon retirement is achievable. It might seem an impossible task but if a solid investment plan is put in place early enough, such a retirement figure (hopefully considerably more) is possible; however, an individual must begin saving as soon as they leave college and begin work – discipline is … [Read more...]
Retirement Planning Calculator – Monthly Savings Tips
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 … [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...]
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...]
