There are millions of posts and thousands of books explaining how to improve your finances. In fact, much of this information seems to get recycled back and forth. I have found only a couple of good books and posts that deal with the visualization of ...
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Economic Collapse 101: Ten Ways to Prepare for the Unknown
Most folks are really good about making sure they have the proper amount of insurance for their home and automobiles. But when it comes to ensuring the survival of their family in rough economic times, well ... not so much.
It's no secret that ...
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How to Plan for Your Retirement in Canada
Wondering how to start saving money for retirement in Canada? Millennials thinking of retirement planning often face a unique set of challenges today. With lower earnings, rising housing costs, and increasing childcare costs, it all means there's ...
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Grandfather Says: The Boy Is ‘Just Who He Is’
Grandfather says his preparing for retirement boiled down to supporting and, to the extent needed, enabling the family members (particularly the wife -- permanent fixture -- kids, temporary) to live the lives they wanted to live in their best ...
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19 Things Your Millionaire Neighbor Won’t Tell You
Although having a million bucks isn't as impressive as it once was, most people still consider it as a sign of financial success. And judging by the number of actual millionaires enjoying life in the world today, there are apparently quite a lot of ...
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Moron Alert: How One Man Paid $87,500 in Partially Avoidable IRA Fees
Over the years I've read plenty of articles and blog posts about lying, cheating, and dumb advisors.
While lying and cheating advisors are a topic for another day, I know from experience that there are plenty of morons in the advisory business. ...
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Is It Possible to Retire With a Million Dollars?
For those of you still wondering if a million bucks is enough to retire on, this article by Jeff Desjardins from the Visual Capitalist will certainly put the concept of having a million dollars in perspective ...
Being a millionaire is ...
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7 Basic Financial Goals Everyone Should Strive For
Financial security is becoming the top priority for people around the globe. Gone are the days when having wealthy parents guaranteed a financially-secure life for their kids.
Today, almost everyone has to work hard to ensure their financial ...
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5 Rules to Consider Before Taking Out a Loan in Retirement
A million dollars -- the figure many people have in the backs of their minds as the ideal retirement fund -- isn't what it used to be. On average, it will last you about 25 years in retirement, and that doesn't include unanticipated expenses. If you ...
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11 Great Retirement Saving Tips for Twenty-somethings (& Older Folks Too)
For most twenty-somethings, saving for retirement is typically far far down their priority list. After all, it's tough to get motivated preparing for an event that won't arrive for 30 or 40 years.
Heck, I know thirty-somethings and even a few ...
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Grandfather Says: Are You Ready for Retirement?
Grandfather knew when he retired nearly fifty years ago what it would be like.
He thinks the reason that he knew was because there were things he wanted to do that he had to forgo when he was hired out to "the other man" and would now have free ...
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5 Ways to Handle Your 401(k) When You Change Jobs
The average American changes jobs a dozen times in their lifetime. With each new job comes new offices, new co-workers -- and possibly a decision about what to do with the 401(k) plan they started at their last job.
Selecting the right course of ...
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Good Personal Finance Habits Everyone Should Follow
There are good habits and there are bad habits - and I have a lot of bad habits.
For example, I tend to bite my nails when I get stressed out. I also have a penchant for opening the cupboard to get a drinking glass -- then walking away and leaving ...
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How and When Are You Supposed to Enroll in Medicare?
Most people are enrolled in Medicare automatically when they reach age 65, but depending on how and when you become eligible, your process may be different.
Automatic enrollment
You'll be automatically enrolled in Part A and Part B when you ...
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The Pro and Cons of Paying for an Aging Life Insurance Policy
A universal life insurance policy can be complicated; if you look at policy documents you might get lost in the rules and jargon. Unfortunately, some insurance carriers actively try to maintain this unfair advantage by keeping clients in the dark, ...
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3 Steps to Help You Prepare When Retirement Is Just Around The Corner
If looking ahead to retirement makes you a little nervous, you're not alone.
Nearly half of Americans who haven't reached retirement predict that they won't be financially comfortable once they get there, according to a Gallup survey.
For some, ...
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How to Invest in Stocks as a Retirement Plan
It doesn't matter how hard you work or how talented you might be, your wealth building is tied by a singular constraint: your time and energy. When you stop performing, the money stops flowing. With retirement looming, it can be uncomfortable ...
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4 Ways To Reduce Risk In Your Retirement Plan
Many people are worried about their retirement from a money perspective. According to a survey by Transamerica, most workers think the financial challenges they'll face in retirement will be harder to overcome than those that prior generations ...
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18 Fast Facts You Didn’t Know About Social Security Numbers
This weekend I was looking through the safe that holds all of my most important documents, like family birth certificates, insurance policies and the secret recipe for mom's sauce, when I ran across my Social Security card.
Now I'll wager that, if ...
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5 Reasons to Carry Life Insurance in Retirement
When you are close to reaching retirement, you start thinking of ways to reduce your expenses. The lack of a steady monthly income means that you will have to make certain changes to your lifestyle. Even if you have planned your retirement in ...
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