In planning for retirement, finding extra sources of income to add to your investment portfolio can help you reach your goals more quickly. A rental property investment can be an extra source of income to add to your savings, and they can add a source of income after retirement. One thing to consider is that […]

Want to save $1 million by retirement? Nobody ever said it would be easy, but it’s definitely within the realm of possibility with retirement plan and an IRA for many working adults. But, before you start planning your million-dollar retirement, it’s absolutely imperative to understand a few ground rules. Here they are: There are several

People often hold long conversations about how to save more money, trade tips for doing so, and strategize about the smartest, easiest ways to stash cash away for a rainy day. They often overlook a key part of the topic, namely how much to save by a certain age. So, if you’re 25, do you

Compounding works for building retirement savings, and the more you have to put into your investments, the more compounding can work for you. If you are building your retirement savings and have a traditional job, you might think that your options for additional income are limited. For those who are post-retirement, you might want some

Retirement is often treated as if it is the ultimate goal post or the finish line. The media makes it sound as if you reach this milestone, and you are finished. You just sit back and take it easy for the rest of your life. The truth is that after retiring, we still have a

Many people wonder whether they can open a Roth IRA at their banks. It’s a great question, but it should be accompanied by several others. For example, if the thought of building a nest egg for retirement has been popping around in your brain, you’ve probably given consideration to opening a Roth IRA. Rather than