Long-term investing can yield big returns, but just because you don’t have decades to give doesn’t mean you can’t put your money to work. We cover the best short term investments that will protect your money and limit your risk, while still helping you reach your goals faster.
When I first read, Total Money Makeover, back in 2003, I was excited to find another personal finance expert that shared my recommendations regarding saving for retirement. One of Dave’s core tips regarding investing is, Get your free money first with your 401(k) match. After that, take advantage of the Roth IRA to get your… Listen Now–>
Opening a Roth IRA is a tax-smart way to save for retirement, but which company deserves your business? Get expert advice on the top investment firms now.
Saving for retirement is one goal commonly shared by most individuals. Unless you are independently wealthy or inherit enough money to feel confident you will never have to rely on savings (I did not have either one of these), you most likely want to put money aside during your working years to ensure your comfort… Continue Reading–>
Don’t miss the 2015 IRA deadline and cost yourself saving more for retirement. In the haste of getting all your tax documents in order to meet with your tax preparer, don’t forget about making your IRA contributions for the 2015 tax year. If you didn’t know, even though you haven’t opened an IRA account yet,… Continue Reading–>
As a child growing up, I remember my father constantly eating Ramen Noodles in a Styrofoam cup. It was pretty fascinating that all you had to do was add hot water, and presto, you had a ready to eat meal in a few minutes. Perfect for an impatient kid! As I got older I started… Continue Reading–>
Most people have some sort of savings for retirement. While we know it’s beneficial to save, sometimes the additional money we lose from our wages to save for retirement can be a burden. The US Government implemented the savers credit back in 2002 as a way to encourage Americans to start saving more money for… Continue Reading–>
Transcription follows below: Hey everybody, this is Jeff Rose from Goodfinancialcents.com. Today I am going to talk a little bit about a common question that I get quite frequently. This question is: Is just having a 401k enough to have a successful retirement? It is a very good question because a lot of people wonder… Continue Reading–>
You always hear that you need to “Save, Save, Save” for retirement, but is it really possible to save too much? When it comes to contributing to your IRA, it can. Individual Retirement Accounts (IRAs) have annual contribution limitations that indicate how much you’re allowed to contribute. Anyone, regardless of income level can contribute to… Continue Reading–>
Many people invest in the Roth IRA because it offers tax free growth, tax free withdrawals during retirement, and tax diversification while contributing to the retirement account. I know I’m all about “tax free”! Unfortunately though, there are times when you end up needing the money you’ve put in your Roth IRA before you retire…. Continue Reading–>
You might be asking yourself what the Jackson Five has to do with the Roth IRA five year rule for qualified withdrawals? I’m sad to say, “Absolutely nothing”. Other than then number “five”, of course. I just thought it was fitting with all the recent tributes to the King of Pop to have my own…. Continue Reading–>
If you’re one of the millions of American households who owns either a Traditional individual retirement account (IRA) or a Roth IRA, then the onset of tax season should serve as a reminder to review your retirement savings strategies and make any changes that will enhance your prospects for long-term financial security. It’s also a… Continue Reading–>