If you are in your early 20s and just starting your career, you might not be too concerned about retirement. It is still decades away, so it might seem that there is no need to worry about it just yet. Even though it might be the farthest thing from your mind, once you understand how…
Do you have a long-term saving strategy? If not, now is the time to begin building one. The good news is that it’s not rocket science. All you need are a few pieces of data and a compound interest calculator to get started. What should everyone know before they set out to develop such a…
Whether with traditional savings or Roth IRA, saving for retirement is one of the most important financial goals that a person can have. It is a very long-term goal, but it is one that makes a huge difference in terms of financial stability, ability to retire, and quality of life in retirement. While it might…
This year, Congress is considering passing the Securing a Strong Retirement Act of 2022. This is known as Secure 2.0. The Act was designed to make it easier for Americans to reach their retirement goals. As of April 14, 2022, the bill was still with the Senate. It is built on the foundation provided by…
Investing for retirement savings is one of the most critical topics in personal finance. It involves how much a person can save, how they save, and what kind of options and resources they have to make the most of their savings. Getting this right will maximize your chances that you can have a relaxing and…
When you’re living paycheck to paycheck like many Americans, the thought of having to save for retirement sounds difficult, if not impossible. What if there was a way to live well and save for your Golden Years? Would you be willing to give it a try? This guide gives you meaningful advice on ways to…
Have you ever wondered if you could live on corporate stock dividends? Dividends are the quarterly payouts companies make to shareholders. The amounts are usually set at a specific dollar amount per quarter, which means that the percentage-yield changes constantly with the stock’s price. Is it reasonable for anyone to expect to be able to…
How can you take good advantage of your prime earning and investing years? In the world of personal finance and investing, there are a few axioms that everyone has heard at least once in their lives. You do not have to be an investor to understand what Wall Street traders mean when they say “buy…
Most people know that they need to save for retirement, but they don’t know, between Roth IRA and traditional savings, which type of retirement account is best. Comparing your options is a wise decision, so you know the rules that govern these retirement accounts. The main differences are the amount of money people can contribute…
You can save money more efficiently if you develop a written plan, use an interest calculator, and know in advance how much you need to set aside each month or week to reach a savings target to pay for whatever you want. For example, do you want to save enough money over several months or…