Wednesday, 26 October 2011 09:49
by
Jacki
Calculating a retirement savings goal is one of the most important steps investors can take to help determine if they are on pace to meet that goal. However, less than half of American workers have tried to figure out how much money they will need to accumulate for retirement, and the wide majority of these individuals admit that they either guessed or did their own calculations. What about you? [More]
Monday, 20 June 2011 23:00
by
Jacki
Deciding whether to remain in your current home, downsize to a smaller home, rent, or move to a retirement community is a hard decision but one that will need to be made around retirement. Weighing the pros and cons of owning and renting will help you determine which is best for your situation. [More]
Tuesday, 26 April 2011 23:57
by
Jacki
Every now and then it is important to take some time to inventory your retirement planning. If you own a Traditional IRA, for instance, you probably know your contributions may be tax deductible. Did you know that if you withdraw from that Traditional IRA early you must pay a 10% penalty in addition to income tax? [More]
Sunday, 27 February 2011 20:47
by
Jacki
You’ve been planning your retirement for years: what you’re going to do, where you’re going to live, and how you’re going to pay for it. But knowing when it is time to retire can still be a very difficult decision. Here are a few questions to answer to help you decide if you are financially prepared to retire. [More]
Sunday, 30 January 2011 19:33
by
Jacki
A financial plan is a document that helps you determine how you’ll achieve the goals you want from life, as well as how you’ll meet your future financial needs. A thorough financial plan looks at every aspect of how finances affect you and your family, covering issues such as retirement, education, housing, medical needs, insurance and luxuries. It examines your present situation, spells out your needs, and decides what steps will allow you to meet those needs. A good financial plan also gives you benchmarks to use as targets, so you’ll be able to tell how much progress you’ve made. [More]
Tuesday, 28 December 2010 22:12
by
Jacki
When it comes to investing, emotions and anxiety run high. One mistake can cost you thousands. With a good plan in place, you can rest a little easier. Here are some investment mistakes to avoid. [More]
Monday, 18 October 2010 22:01
by
Jacki
What are the biggest retirement planning mistakes people make? Retirement is decades away, so why should I think about it now? [More]
Monday, 16 August 2010 23:18
by
Jacki
Ask any financial advisor when you should start saving for retirement, and you can expect to hear the same answer: yesterday. No matter what your age, you should be saving and investing money to meet your needs during your retirement years. However, your strategies should change over the years to match your changing needs. [More]
Saturday, 24 July 2010 22:14
by
Jacki
If you are “house rich” and “cash poor,” there are some steps you can take that would allow you to live more comfortably in retirement. [More]
Tuesday, 20 April 2010 14:36
by
Andy
That depends on how much you have saved and how you expect to live in retirement. Living a carefree life of travel requires a different amount of savings than a life of simple existence with part-time income [More]