Posts tagged as:

Retirement

The M-Network is currently doing a series highlighting Dave Ramsey’s 7 Baby Steps for getting out of debt and getting your life on the right track financially. You can read about all of the steps over on Cash Money Life who kicked things off with a great introduction. As other members of the network add [...]

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Some time ago I wrote an article about Tim Ferriss’ book, The 4-Hour work Week: Escape 9-5, Live Anywhere, and Join the New Rich. My article questions just how realistic a 4-Hour work week is for must of us, and argued that achieving a 24-hour work week was more realistic.
The other day [...]

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According to a report just released by the National Academy of Social Insurance, the average monthly benefit for retirees is $1,045 in 2007. A 65-year old who wanted to buy a guaranteed income of that size – with payments that go up with the cost of living and continue for a widowed spouse — [...]

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” Those who fail to plan, plan to fail. If Voyant’s newly released online financial planning tool has anything to say about it, failing to plan will be a thing of the past. Voyant showcased its free financial planning tool at DEMO 08 being held this week in Palm Desert, CA. [...]

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Recently a reader e-mailed me with the following question:
I definitely do want to open a Roth IRA as soon as possible because I hear it’s typically better than the Traditional IRA. However, I’m not certain whether one should be putting money way in one’s 401K or Roth. As you can tell, I’m not [...]

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World markets plunged yesterday. Just to recap:

Britain’s benchmark FTSE-100: -5.5%
France’s CAC-40 Index: -6.8%
Germany’s blue-chip DAX 30: -7.2%
India’s benchmark stock index: -7.4%
Hong Kong’s Hang Seng index: -5.5%
Canada’s S&P/TSX composite index: -4.8%
Brazilian stocks: -6.6%
Argentina’s Merval index: -6.3%

About the only market not to decline was the U.S. markets, because [...]

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That’s right, the words helpful and IRS sometimes go together. The IRS has produced a chart showing whether a rollover between 401(k), 403(b), 457(b), IRA, Roth IRA, SEP IRA and SIMPLE IRA accounts is permitted. Clicking on the chart or here will download a pdf version of the chart. The chart includes [...]

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At the end of each year I calculate the performance of my investments and compare it to the S&P 500. Why? Curiosity more than anything. Some years I beat it, some years I don’t. Over the past five years, I’ve trounced the S&P 500. But I’ve been investing long enough [...]

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Year end is a perfect time to give your retirement and other investments an annual tune-up. Each year at this time I evaluate my 401(k), rollover IRA and taxable investment accounts to see if I should make any changes to my asset allocation plan for the next year. Generally, I look at five [...]

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