How to Setup Your Dream IRA in Under 10 Minutes a Day
March 25, 2012
Why would it take more than one day to setup an IRA? Shouldn’t it just take 20 minutes to open an IRA online? It sounds pretty simple to just start an IRA but when you look at the number of eligible people who don’t have an Individual Retirement Account it makes you wonder – what’s […]
401k Loans 101
June 28, 2011
If you’ve been setting investing goals and decided your 401k was a good place to invest your money then you probably have some money built up in your retirement account. What if you discover you need that money you’ve been putting aside before retirement? You may be able to take a 401k loan, where you […]
401k Investment Alternatives
June 4, 2011
Investing for retirement is critical if you don’t want to rely on Social Security alone to make ends meet in retirement. Setting aside some money today will allow it to grow over time into a much larger amount thanks to compound interest. One of the most popular types of investment accounts to use for retirement […]
IRA Investment Allocations
May 28, 2011
After comparing a traditional IRA and a Roth IRA and looking at investment risks I thought it would be interesting to talk about a study that looks at investment allocations inside individual retirement accounts. The Employee Benefit Research Institute has been studying the investment choices of over 11 million IRA investors and recently released some interesting […]
IRA vs Roth IRA
May 26, 2011
Traditional IRA or a Roth IRA, which should you open? This is a common question that comes up with many people looking to open an individual retirement account (IRA). I’ll try to make this as concise as possible, and let you decide for yourself which IRA is best for you. Traditional IRA Definition: A traditional […]
Roth 401k vs Traditional 401k
May 25, 2011
Traditional 401ks have been one of the main options for retirement investing for many working Americans over the last thirty years. When the Roth 401k was introduced a few years ago the new type of retirement plan left many long time 401k investors debating the benefits of the Roth 401k vs the Traditional 401k. The popularity of […]
2011 IRA Contribution Limits
December 8, 2010
IRA Contribution Limits 2011 IRA contribution limits are updated every year so that your traditional IRA and Roth IRA contributions have a chance of keeping up with inflation and the resulting cost of living increases. Some years the contribution limits don’t change, the ones released by the IRS a few months ago don’t have a […]
5 Keys to Retire Overseas
August 28, 2010
To retire overseas and live on the beach on a fixed retirement income may sound enticing but how realistic is this form of retirement living? The concept of stretching your retirement savings by moving to a place with a lower cost of living seems to make sense but some of what you hear about retiring overseas […]
IRA or Roth IRA for Your Retirement Plan?
April 26, 2010
IRA vs Roth IRA was the question for many people opening up a retirement account right before the tax deadline this month so I thought we’d re-visit it for people looking to make an ira contribution. Here are some of the major differences between a traditional IRA and a Roth IRA. Tax Deferred Contributions vs […]
Automatic 401k Contributions for Retirement
April 23, 2010
Increasing your 401k contributions every year is a great way to grow your retirement plan. You probably don’t need a retirement calculator to tell you that your 401k plan will reach your retirement savings goals much faster if you put in more money each year. BUT, knowing that you need to increase your annual investments doesn’t make it […]
