Category Archives: Retirement

Learn how to plan and invest for your retirement.

Carnival of Retirement

Welcome to another edition of the Carnival of Retirement. Thanks to all of you who participated. Without further ado, here are the submissions for this week. I did my best to include everyone, but eliminated some of those who tried to submit twice. Roger Wohlner @ The Chicago Financial Planner writes 5 Timeless 401(k) InvestingContinue Reading

Understanding a Roth IRA and its Advantages

A Roth IRA (Individual Retirement Account) is a popular investment and retirement vehicle for millions of Americans. If you’re just getting started investing, you may even be considering using a Roth IRA. However, a Roth IRA was designed by the United States Tax Code, and as a result, there are a lot of rules and nuances as to what you can and can’t do with a Roth IRA. Here is what you need to understand about a Roth IRA. Continue Reading

Invest Money or Pay off Debt First?

Investing money is often not as simple people make it out to be. Either invest money and grow your value or don’t and just let the money sit there. It may mean it is more secure, but you will be losing the race to beat inflation. Even with a decent interest rate, you will lose more years than not. Yet, the situation is significantly more complicated when you also have debt. Many people face this question on a regular basis. Should you pay off your debt first before investing or should you invest money and pay the minimum required payment. It may be a difficult dilemma, but there are important things to consider when making your decision. If you include these factors, your decision will be much easier.Continue Reading

Keeping Investment Fees Low

Many people are incapable of actively managing a portfolio. They simply don’t know enough about economics or the stock market in general to make wise decisions about what to invest in, when to buy, when to sell, etc. It is probably most accurate to call them inexperienced instead of stupid. Without the experience of investing or learning from someone who does, it is hard to know how to actively trade stocks.Continue Reading