For most people, retirement planning is about as much fun as, say, poking a stick in their eye. It can also feel overwhelming if you’re not well versed in financial matters. That’s why it’s very important for you to feel not only that your retirement planner or 401(k) is knowledgeable and experienced, but that you feel … Continue reading Quick Guide to Choosing a 401k Advisor
Once you retire, you might have fantasies of getting into all kinds of life activities which you’ve long postponed or you might fear an anticipated loss of income, life purpose or activity. Retirement is can be a time of renewal or reinvention. The choice of lifestyle belongs to you. If you’re not certain about how … Continue reading Retirement Lifestyle: A Time for Pursuit of Passion
How much money do I need to retire is the question everybody wonders about. The right answer is down to lifestyle and how much you need to service that lifestyle. If you need $100,000 per year to live then the amount of money you need to retire is far greater than if you need $50,000 … Continue reading How much Money do I need to Retire?
It is very important to understand an income stream from a conceptual standpoint in the world of financial management. In short an income stream is a regular inflow of money. Another more technical name for this flow of money is an “annuity”. Though there are some technical differences in the income stream you receive from your employer versus … Continue reading Investing Basics: Income Streams and Annuities
Just as Social Security is in the process of change, so too are most corporate benefit plans. There was a time when the average “company man” could depend on his or her employer to fund his retirement in an adequate and dependable basis. Unfortunately, this time has passed. The first step toward the change was with the … Continue reading Company Retirement Plans: 401K and Pension Plans
You do not have to place a large amount of money into highly volatile stocks to make money. You can, but if anything that is the surefire way to lose your hard earned money. Your investments do not need to return 20% or more to make you wealthy. By investing small sums, and making average … Continue reading How Compounding Interest Helps Me
When you’re young, retirement seems so far away, but most of us will find that those years are upon us in what seems like the blink of the eye. Many, however, will enter these years unprepared for the reduction of income they’ll face upon retirement, the unexpected costs of medical problems, and the other challenges … Continue reading Retirement Planning: Where to Begin