Save, Invest, Build Wealth

Retirement

Fidelity’s Retirement Saving Guidelines – Are You On Track With Your Retirement Saving?

Fidelity’s Retirement Saving Guidelines – Are You On Track With Your Retirement Saving?

By in Retirement, Saving | 25 comments

Fidelity Retirement Saving Guidelines Are Aggressive – So Start Saving Now “Savings factor: Aim to save at least 1x your income at 30, 3x at 40, 7x at 55, 10x at 67.” ~”How Much Do I Need to Retire” at Fidelity.com Several years ago, Fidelity made a splash with cold hard retirement numbers. The discount brokerage powerhouse told savers and investors exactly how much they needed to save for retirement at each age milestone. For example: By age 30, you need the the equivalent of one year’s salary saved. So if you make $70,000 per year, you should have...

Read More
5 Life Insurance Mistakes Retirees Make (That Cost Them Thousands)

5 Life Insurance Mistakes Retirees Make (That Cost Them Thousands)

By in Guest Post, Insurance, Retirement | 0 comments

Life Insurance Mistakes in Retirement By, Chris Huntley Life insurance mistakes in retirement are common. And they are easy to fix. Learn how. Don’t let Alex Trebek be your insurance agent. Don’t avoid insurance if you’re in ill health.  Use a full-service insurance broker. As you’re dealing with life insurance in retirement, the wrong move can cost you thousands of dollars. …and unless you have a massive pension or other retirement accounts, those are mistakes you simply can’t afford. To help you make the right choice with your life insurance needs, here’s a list of the top life insurance...

Read More
Blooom Robo-Advisor Review – Investment Management Help for Your 401(k)

Blooom Robo-Advisor Review – Investment Management Help for Your 401(k)

By in Asset Allocation, Investing, Retirement | 0 comments

Blooom Makes Retirement Plan Investing Easy If you’re like most workers, you understand your job just fine, but your retirement account is another matter. With all the various fund choices, how to manage your retirement account seems a bit confusing. Blooom was designed to oversee your precious workplace retirement investment account to earn more money for you. I had my retirement account analyzed in minutes, for free and you can too. Just click below.  Blooom Retirement Account Management Is for the Regular Investor If you’re like the 99% of all investors, you’re seeking: Simple 401(k), 403(b) or TSP account...

Read More
Should I Invest in an Annuity? Simple Answers to All Your Annuity Questions

Should I Invest in an Annuity? Simple Answers to All Your Annuity Questions

By in Advanced Investing, Insurance, Money Management, Reader Question, Retirement | 0 comments

Understand the Annuity Product-In Plain Language Annie Logue of the Root of All, Chicago on the Cheap, and author of several Money and Investing Dummies books about asks; “When are annuity investment products a good idea?” Annuities are a hot button financial offering because they are a product that usually charges you high fees and nets the seller a high commission. Thus, they are frequently (inappropriately) promoted to individuals for the purpose of giving the seller a fat commission. This article delves into the nuts and bolts of the annuity product, when and when not to buy an annuity, and how not to...

Read More
3 Dividend Stocks to Own In Retirement

3 Dividend Stocks to Own In Retirement

By in Guest Post, Inflation, Investing, Retirement, Stocks | 1 comment

Guest Contributor; Gaurav Sharma 3 Top Dividend Stocks for Retirement If there is and one priority for a retiree investor, it is income.  This can be achieved by owning the best dividend stocks within your investment portfolio.  Dividend stock investing actually has two potential benefits: An opportunity for capital appreciation. A steady or increasing cash flow. A dividend stock investor deploys capital into companies with juicy dividend payments. Depending upon when the dividends are paid, you earn regular cash payments deposited into your brokerage account. After purchasing the stock, there’s no additional work, making dividend investing perfect for retirees....

Read More
How to Become a Millionaire-Investment Advice for 30 Year Olds

How to Become a Millionaire-Investment Advice for 30 Year Olds

By in Asset Allocation, Automatic Saving, Debt, Investing, Money Management, Retirement, Tips | 0 comments

5 Tips to Become a Millionaire “You only have to do a very few things right in your life so long as you don’t do too many things wrong.” ~Warren Buffett (source; BrainyQuote.com) Get the specific, actionable steps to become a millionaire if you are in your 30s. Use this financial advice for 30 somethings as a step-by-step guide for wealth building. If you haven’t started investing for your future, don’t stress, now is the time to start understanding and implementing how to plan for retirement at 30. Investment Strategies for 30-year-olds – Backstory My husband and I started...

Read More