Have you ever asked yourself what does IRA stand for? And why do I need one? Individual Retirement Account known as IRA for short, is a savings account that has a lot of confinements and guidelines. It's the most ideal approach to invest your money to get upfront tax reductions or pay no taxes on your profits when you take your money sometime in life. The best IRA accounts … [Read more...]
4 Simple Rules to Make Retirement Savings Work for You
Retirement. Now that is a word that I can get behind. Most of us spend a large portion our adult lives working our tails off so that we can someday do all of the things that we want to do. In fact, we spend some of the best years of our lives putting our nose to the grindstone, plugging away to support our families. Of course, there is nothing wrong with hard work. After … [Read more...]
3 Ways to Breathe Fire into Your Finances
If you are obsessed with Game of Thrones like I am, you are probably still reeling from Sunday night's episode (Season 5, Episode 9). By now, we all know that Episode 9 of each season brings with it some pretty gut-wrenching and memorable moments. Still, this episode went beyond what I would have thought of as in bounds for this highly controversial show. Even though I could … [Read more...]
5 Ways to Prepare for Retirement Other Than Saving
When it comes to preparing for retirement, most recommendations you'll get from experts revolve around some sort of savings goal. In fact, when I googled "how to prepare for retirement," one of the top results, from the U.S. Department of Labor, was "Top 10 Ways to Prepare for Retirement." Interestingly enough, every single one is focused in some way to saving money. But … [Read more...]
Retire at 65? Psshh! Learn How to Retire Early Today
When you think about retirement, what do you think? What does your retirement look like? When do you want to retire? All of these questions are going to have different answers, depending on who you ask. To me, that’s one of the beauties of people. We’re all different and there’s no right answer with a lot of things. But today I really want to focus on the third … [Read more...]