So you're planning to quit work soon and will be facing retirement on a fixed income? First of all: congratulations! Now, it's time to ensure that your money outlasts your life and that there's some left over for your children.
You can do that by ...
Continue reading A Guide to Retirement Budgeting on a Fixed Income
10 Tips for Managing Long-Term Care for Elderly Parents
We all dread the day when we may be faced with making important life decisions on behalf of our aging parents. It's never an easy road deciding how to best care for the people who used to care for us, and there are plenty of variables that should be ...
Continue reading 10 Tips for Managing Long-Term Care for Elderly Parents
5 Ways You Can Plan For Retirement
Starting the retirement planning process is crucial in ensuring your financial stability. Strategic and thoughtful preparation is crucial, regardless of your employment status or impending retirement. With that in mind, here are five essential ways ...
Continue reading 5 Ways You Can Plan For Retirement
How to Make the Most of Your Military Benefits
Armed services benefits encompass a wide range of offerings, from education support to healthcare and retirement plans. However, making the most of these military benefits requires strategic planning and awareness. This guide will explore five tips ...
Continue reading How to Make the Most of Your Military Benefits
Is It OK to Borrow from Your 401k?
Roughly 3 in 10 people now borrow money from their 401k retirement plans. Generally, you can borrow half your account balance -- up to $50,000 -- for as long as five years. But is it okay to borrow from your 401k? True, it's among the cheapest loans ...
Continue reading Is It OK to Borrow from Your 401k?
When Is the Right Time to Buy Long Term Care Insurance?
It's amazing how many people fail to plan for the future. It's also amazing how many people deny the reality that we only have a certain number of years before we have outlived our usefulness. We all know that life is short, but how many of us really ...
Continue reading When Is the Right Time to Buy Long Term Care Insurance?
Expensive 401k Mistakes People Make
If you're interested in saving for retirement, a 401k plan can't be beat. These employer-sponsored plans let employees save tax-free and choose from a range of investment options. The tax-free savings effectively lower your taxable income, which may ...
Continue reading Expensive 401k Mistakes People Make
34 Financial Tricks to Help You Retire Early
The other day our Stacking Benjamins podcast roundtable team was discussing an article on a popular mainstream financial website about how to retire early. I especially loved the story's first recommendation: "Start saving as early as you ...
Continue reading 34 Financial Tricks to Help You Retire Early
Is a Roth IRA Conversion Wise for You?
Unless Congress passes new tax laws during the next three years, the tax brackets from 2017 will be back in 2026, resulting in higher taxes for many people. For people in high tax brackets, wise tax planning is essential. One strategy to counteract ...
Continue reading Is a Roth IRA Conversion Wise for You?
Perfection When Managing Money: Is Close Really ‘Good Enough’?
I'm not a big football fan. Oh sure, I occasionally enjoy watching football on television. But, unlike hockey and baseball, I rarely bother buying tickets to attend football games in person.
That being said, my buddy had an extra ticket to a ...
Continue reading Perfection When Managing Money: Is Close Really ‘Good Enough’?
Mailbag: What Happens to My Mortgage If the Dollar Hyperinflates?
Love your blog, Len. Let's just say it has opened my eyes, and for that I thank you. I've not been able to get a reasonable answer as to what happens when the dollar fails and mortgage holders are saddled with a house they can't pay for. Also, if the ...
Continue reading Mailbag: What Happens to My Mortgage If the Dollar Hyperinflates?
Why Millennials Are Struggling Financially And What They Can Do About It
It is no secret that millennials are struggling financially. A recent study by the Federal Reserve revealed that 44% of millennials have nothing saved for retirement. This is a major problem, and it is something that millennials need to address if ...
Continue reading Why Millennials Are Struggling Financially And What They Can Do About It
100 Words On: Why Tracking Your Net Worth Is So Overrated
Many people dream about reaching the million-dollar net worth milestone, as if that lofty benchmark somehow guarantees a strife-free financial life. Preposterous! Net worth -- the value of your total assets minus your total liabilities -- is ...
Continue reading 100 Words On: Why Tracking Your Net Worth Is So Overrated
7 Reasons Why You Should Use a Roth IRA for Retirement Savings
Are you thinking about fortifying your retirement savings with a Roth IRA?
Sure, Roth IRAs have their disadvantages -- but there are some really good reasons why you may want to consider one too. Here are the seven best:
Qualified distributions ...
Continue reading 7 Reasons Why You Should Use a Roth IRA for Retirement Savings
How to Retire Five Years Earlier Than You May Think You Can
Who wants to work 'til they're 75? Not me. That's why I'm constantly thinking of ways to make a little more or spend a little less in order to save more for the future.
If you have the same priority, then there is one change that you can make in ...
Continue reading How to Retire Five Years Earlier Than You May Think You Can
Is It Better to Borrow From Your 401k or Take an Early Withdrawal?
In the case of a financial emergency, you might have to dip into your 401k plan to find the money you need. This is never an ideal scenario, as taking money out of such accounts can severely set back progress you've made in saving for ...
Continue reading Is It Better to Borrow From Your 401k or Take an Early Withdrawal?
7 Big Reasons Why a Roth IRA Isn’t the Best Way to Save for Retirement
Are you trying to decide whether or not you should be building your retirement savings with a Roth IRA?
It's true; using a Roth IRA has its advantages -- but there are also more than a few reasons that may make you think twice before getting one. ...
Continue reading 7 Big Reasons Why a Roth IRA Isn’t the Best Way to Save for Retirement
How A Gold Backed IRA Can Help Protect Your Retirement Nest Egg
The stock market made great gains over the last several years. But that trend is clearly changing. As a result, if you have a traditional IRA or 401k, your retirement funds could be at risk. In fact, there is now plenty of evidence to at least ...
Continue reading How A Gold Backed IRA Can Help Protect Your Retirement Nest Egg
Early vs. Delayed Retirement: Which Path Is Harder?
Not too long ago, I was driving my family along the foothills of Southern California, at the base of the magnificent San Gabriel mountains.
Believe it or not, the San Gabriels top out at over 10,000 feet; and while the panorama from the top of ...
Continue reading Early vs. Delayed Retirement: Which Path Is Harder?
Budgeting Over 65: How Seniors Can Afford to Age in Place
Although aging is an undeniable part of life, most of us don't want to think about how our bodies and minds will change in the future. But even if we're in excellent health now, that could all change a few years down the line.
Statistics show that ...
Continue reading Budgeting Over 65: How Seniors Can Afford to Age in Place
- 1
- 2
- 3
- …
- 5
- Next Page »