For many people, the idea of finances and money management can be a cause of stress. It can seem difficult to manage the money you already have, let alone increase it by any substantial amount. Luckily, managing your finances and learning about how to increase your overall net worth can be simple. By taking control […]
4 Important Tips on Saving for Retirement
Saving for retirement is something people under 40 rarely think about. However, it is something very important to start early. In fact, finance professionals recommend people begin to start thinking about it in their twenties. Retirement savings are your sole tool for future financial security. Retirement accounts, like individual retirement arrangements (IRAs), are specialized to […]
Five Retirement Expenses That Will Cost You Big Time
Every family budget is different. Maybe you like spending your extra money on gourmet cheeses while your neighbor has no intention of giving up her commitment to exotic orchids. But for most retirees, these individual idiosyncrasies aren’t what drive the costs of retirement. It’s the daily, recurring expenses that quickly accumulate. If you want a […]
How to Protect Your Retirement Savings
How often do you think about retirement? Probably not much, if you’re anything like 68 percent of Americans. In fact, even if your employer offers a 401(k), chances are decent you haven’t even touched it. Who can blame you? Retirement is still 20, 30 or even 40 years from now, and 401(k)s aren’t worth the […]
Will Social Security Be Around When I Retire?
Happy New Year everyone!! While on Thanksgiving break, my dad and I had a chance to sit down and discuss all kinds of things about personal finance. Naturally, our conversation drifted to savings, retirement, and Social Security. Here’s an email my dad sent me after our discussions where he answers the question: Will Social Security […]
