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5 Biggest Retirement Mistakes to Avoid

5 Biggest Retirement Mistakes to Avoid

By in Guest Post, Retirement, Saving | 0 comments

5 Retirement Mistakes to Avoid for a Glorious Future By, Douglas Keller Often, people imagine their golden years to be among the most relaxing and enjoyable of their lives, with exciting getaways abroad and peaceful sunsets out on the porch. And while these are wonderful dreams to have, far too often people make retirement mistakes that cost them the freedom that they spent a lifetime working towards. One positive thing that comes from these blunders is that it gives those preparing for retirement the opportunity to learn from others. All too often, the same mistakes are made, but that...

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Investing for Women – The Best Personal Investment Strategy

Investing for Women – The Best Personal Investment Strategy

By in Investing, Mutual Funds, Retirement, Saving | 22 comments

Invest Like a Woman and Become a Millionaire by Investing With my experience as a multi-decade investor, former professional portfolio manager and university investments instructor, I will reveal easy to implement strategies to build wealth for women (and men too). Research by Prudential found that women worry more about risk than men. I get it, despite investing for decades, I’m scared of risk too. Women report that they lack confidence in finances too. Even though in multiple studies, women are more successful investors than men. Women, investing is so simple, once you learn the basics, you’ll wonder why you...

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Is a 401k the Same as an IRA? 401k vs. IRA

Is a 401k the Same as an IRA? 401k vs. IRA

By in Investing, Retirement | 0 comments

401k vs. IRA vs. Roth IRA By, Alexandra DeLuise Retirement options can be overwhelming. How can you choose between a 401k vs. IRA? What is a 401k anyway? What’s the difference between a traditional IRA and a Roth IRA? Putting aside money for retirement is a good strategy, but it’s important to use the right type of retirement savings account for your personal financial needs in order to make the most of your pre-retirement years. That’s why it’s a good idea to become familiar with the benefits of a 401k vs. IRA retirement account benefits. What Is A 401k? A...

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FIRE – Financial Independence, Retire Early is a Bad Idea

FIRE – Financial Independence, Retire Early is a Bad Idea

By in Links, Retirement | 17 comments

FIRE is popular among millennial’s – and older adults too. Inspired by the classic book, “Your Money or Your Life,” by Vicki Robin and Joe Dominguez, FIRE is an acronym – Financial Independence, Retire Early. Thousands of diligent workers are striving to live with less to retire young. But, to what end? I read the book when it first came out in 1992 and I like the living with less idea. It’s smart for the economy, the environment and a lot of other reasons. Living below your means, relieves money stress! In fact, I was raised with fiscally conservative parents...

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6 Retirement Planning Tips for 50 Year Old’s

6 Retirement Planning Tips for 50 Year Old’s

By in Debt, Insurance, Retirement, Saving, Sponsored, Tips | 0 comments

Retirement Planning Action Tips for Today You’ve hit the big 5-0 and the reality that you’re not going to work forever sinks in. If you’re like most Americans, your retirement account is on the lean side. A recent Economic Policy Institute article reports that for households between ages 50 and 55, the average savings balance is $124,831. Yet, all is not lost and at age 50, there’s still a solid 15+ years to go before retirement. With targeted planning, you’ve got time to craft a successful retirement. Read on for 6 important retirement planning tips for 50 year olds: Retirement...

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Your Savings Account Stinks. Here are 5 Places to Keep Your Money Instead

Your Savings Account Stinks. Here are 5 Places to Keep Your Money Instead

By in Guest Post, Real Estate, Retirement, Saving | 0 comments

Alternatives to Savings Accounts – Not Under Your Mattress By, Greg Johnson With many banks offering an APY rate of 0.03% or less, using a savings account as a long-term investment option is not your best money move. You won’t be growing rich by watching your account grow in pennies. Bonus; Should I Pay off My Mortgage or Invest in the Stock Market? Don’t fool yourself into thinking that you are keeping your money safe in these risk-free savings accounts either. Stashing your money in a low-interest savings account means you’re just robbing yourself of potential earnings as inflation...

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