Retirement Savings Plan

Empower yourself!  Stop guessing about how much you need saved for retirement.  Follow this guide to know when you have saved enough to retire comfortably.

set retirement goals

How Much Do You Need to Retire Comfortably?

Do you wonder how much money you need to retire comfortably?  The answer to this question is not a one size fits all sort of answer.  There are guidelines and general rules you can follow to estimate the answer to, “how much money you need to retire comfortably.”   However, the answer is different for everyone.   Read More.

retirement savings plan

Reduce Household Expenses To Explode Your Savings Rate

There are many reasons to reduce your household expenses. For some people, it’s to pay off debt or make ends meet. For other people, it’s to save money faster and retire sooner. Whatever the reason you want to reduce household expenses, you must first understand where the majority of your money goes.  Read More.

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Estimate Retirement Expenses – Healthcare Will Shock You

Have you ever taken time to estimate what your future expenses for retirement will be?  A critical measurement to understand if you will be ready to retire is knowing what your expenses will look like.  Understanding what your current expenses are is a good first step.  The next key factor is knowing what aspects of your life will be different in retirement.  The expenses you have today will not be the same expenses you have in retirement.  Read More.

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How Much Retirement Money Answered By 2 Calculations

Have you wondered how much money you will need in retirement?  There are two easy to use to calculations that can give you a good idea what you will need when the day comes for you to retire.

If you’re anything like I used to be, you are contributing to a retirement savings plan which is great.  However, the problem is you haven’t actually thought about how much you will need when you retire.  Read More.

retirement calculator

Types of Retirement Accounts Explained and Simplified

If you are struggling to understand the different types of retirement accounts available for you to invest in, you’re not alone. While most people have heard of a 401(k) plan, not everyone knows the difference between a traditional 401(k) and a Roth 401(k). The good news is you don’t need a degree in finance to understand the various types of retirement accounts.  Read More.

types of retirement accounts for investing

The Triple Tax Benefits of an HSA – Health Savings Account

In the investment and taxation world, the benefits of a Health Savings Account (HSA) is like hitting the jackpot but even better.  You won’t have to pay taxes on money in an HSA when used on qualified medical expenses, but you will have to pay taxes on the jackpot winnings.  Read More.

healthcare

Be Smarter Than I Was By Investing For Retirement The Right Way

Assuming you have little or no debt and are investing for retirement, I beg you, don’t make the same mistakes I have. It is easy to invest money into the right fund or funds, but it requires a little bit of upfront homework and then you can set cruise control. Put time in now and peel back the few layers required to get started investing for retirement.  Read More.

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Financial Advisor Fees Are Detrimental In Long-Term Retirement Planning

Financial advisor fees add up quickly over the lifetime on a portfolio and will make a massive impact to your wealth over time. Wondering how you can earn yourself more money over a lifetime than a financial advisor? Don’t have any experience investing your own money? Afraid you will cost yourself more money than a financial advisor might? Knowledge is power!  Read More.

financial advisor fees

Learn About Smart Investing Choices to Grow Your Funds

When you learn about investing it probably shouldn’t just come from a co-worker, family member or trusted friend. In many cases, the person being asked for advice doesn’t know much more about investing than the person asking. Even when the person providing advice does have some investing insight, it’s unknown how good the advice is to a novice investor. The only way to feel good about your investment decisions is to do the research on your own.  Read More.

investment fund chart

Discover How Easy It Can Be To Invest In Mutual Funds

Are you confident about how to invest in mutual funds? If not, lets get you more comfortable. Mutual funds come in all shapes and sizes. Most retirement portfolios will have a wide selection of mutual funds to choose from. Mutual funds range from small, mid or large cap, growth, international, low-cost index, bonds, balanced funds and more. Knowing how to invest in these mutual funds is important.  Read More.

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