Can You Get a Solid Financial Plan for Only $96?
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Can You Get a Solid Financial Plan for Only $96?

I can still remember my first financial plan. The good folks at American Express created a thick, beautifully-bound financial plan for my wife and me when we were first starting out. It was useless. The problem wasn’t Amex, though — the problem was that we didn’t have any assets of which to speak. There wasn’t…

NewRetirement Review: Free Retirement Planning

NewRetirement Review: Free Retirement Planning

If you’re saving for retirement but not sure you’re on track to meet your goals, a tool called NewRetirement can help you figure out what to do. NewRetirement offers tools, advice, an overview of your savings, and a financial checkup for free. While there are many retirement planning websites, NewRetirement stands out because it allows…

10 Useful (and Free) Online Retirement Calculators for Saving Money

10 Useful (and Free) Online Retirement Calculators for Saving Money

Online retirement calculators come in all shapes and sizes. Some programs are extremely simple. They typically provide little in the way of helpful information that you can actually use to plan for retirement. Others are complex affairs that require an advanced degree from MIT to use. What follows are 10 online retirement calculators that I…

The Ultimate Guide to Roth and Traditional 401(k) and IRA Retirement Accounts

The Ultimate Guide to Roth and Traditional 401(k) and IRA Retirement Accounts

When it comes to boosting your retirement accounts, the IRS has sent us help in the form of tax-advantaged accounts like a 401(k) and an IRA. If we don’t take full advantage of these money-making tools, we are turning away help when we need it the most. In this article, I will describe the different…

Roth and Traditional 401(k):  Why not invest in both?

Roth and Traditional 401(k): Why not invest in both?

The question of whether to invest in a Roth or traditional has come up a lot lately. Previously, I wrote about these retirement accounts in The Ultimate Guide to Traditional and Roth 401(k) and IRA Retirement Accounts. In that article, I linked to a Roth 401(k) calculator that can help you determine what’s best for…

Dave Ramsey’s Step #4:  A Visual Guide to Saving 15% for Retirement in a Roth 401(k)

Dave Ramsey’s Step #4: A Visual Guide to Saving 15% for Retirement in a Roth 401(k)

To answer these questions, I’ve created some charts to show the impact of these decisions on your retirement nest egg. Following the charts, I’ll list some of the factors worth considering as you make your own retirement savings decisions. Save 15% of Gross Income Toward Retirement Albert Einstein is said to have quipped, “compound interest…