Tag Archive | "Retirement Savings"

The Twenty-Something Guide to Saving

Saturday, October 6, 2012

0 Comments

The Twenty-Something Guide to Saving

When you are in school, you learn the skills you will need to take with you to find your first job.  While some schools do offer classes on how to save, only finance students really take anything away from these classes that they will use in real life.  Once you get your first job, you […]

Continue reading...

3 Ways your Money can Work for You

Sunday, September 2, 2012

0 Comments

3 Ways your Money can Work for You

The ideal point in every aspiring wealth-maker’s life is when money begins earning a higher amount than is being saved each month. You don’t need a business degree to make smart investments or manage your money; however, before you begin investing and building wealth, there are three things you must have. No credit card debt […]

Continue reading...

Saving Money In 2012

Tuesday, April 3, 2012

0 Comments

Saving Money In 2012

As we move further into 2012, hopefully you’ve squared away your taxes and have made a reasonable attempt at saving some money by using free tax software. Whether you’re looking to refinance your home with an adjustable rate mortgage or squirrel away money into a retirement savings account, 2012 doesn’t have to be a lost […]

Continue reading...

The recession and its effect on your retirement savings

Tuesday, November 8, 2011

0 Comments

The recession and its effect on your retirement savings

After working in executive management for over ten years with a steadily increasing salary, Rick Stephens, 51, was laid off from his job in June 2008. Two years of steady unemployment later, he has sold his car, moved in with his 75-year-old father and blown through all his retirement savings to stay afloat. “I pay […]

Continue reading...

Retirement Savings News: 401K contribution limit raised to $17,000!

Monday, October 24, 2011

0 Comments

Retirement Savings News: 401K contribution limit raised to $17,000!

You’ll be able to contribute more tax-free money to your 401(k) next year, the IRS just announced. The contribution limit for employees participating in pension plans including 401(k)s, 403(b)s, most 457 plans and the federal government’s Thrift Savings Plan will be $17,000 for the tax year 2012. That’s $500 higher than the $16,500 limit this […]

Continue reading...

Why Optimism about Retirement Savings is Dangerous

Wednesday, October 12, 2011

0 Comments

Why Optimism about Retirement Savings is Dangerous

While there’s usually nothing wrong (and a lot right!) with having a positive and optimistic outlook on life, when in comes to your personal finances such optimism may not be a great idea. No one knows this better than Wall Street executives. When the top brass fail to deliver the results that they promised — […]

Continue reading...

Making your Budget

Monday, January 17, 2011

0 Comments

Making your Budget

Making a budget may not be exciting, but it’s an important tool for keeping for finances in order. Before you even start, it’s important to know that in order to make a good budget you will have to use as much specific, detailed information as you can find. In the end, a good budget will […]

Continue reading...

Saving For Retirement

Monday, October 11, 2010

0 Comments

Saving For Retirement

James here. I’d like to discuss something which many of you probably avoid like the proverbial 800 pound elephant in the room. Most Americans are woefully deficient when it comes to retirement savings. Social security can definitely help, but it is not viable to depend on it as your sole source of income during your […]

Continue reading...