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…
At a time when the United States Federal Reserve plans to continue raising interest rates in order to mitigate consumer price inflation, it is important for investors to learn about the realities of compound interest and managing stock portfolios. Finding Success in Compound Interest Investing Finding success in compound interest investing is a matter of…
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…
One of the most important sets of financial decisions anyone will ever make is to set up their plan for retirement savings. While it may be decades away, small financial choices now add up to a massive difference in the future in terms of how much money you will have when you retire. With the…
Many people are under the misconception that post-retirement investing stops once a person begins drawing from retirement and they will no longer be investing. This is not the case for most. For those who continue to invest post-retirement, the pandemic might mean that you need to make some changes in your strategy. Here are 9…
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…
When looking at investment options, some financial advisors believe that compound interest should not be treated as a strategy in and of itself. We are not talking exclusively about advisors who emphasize conservative styles of investing; some of them will recommend adding cryptocurrencies to your portfolio, but they will also insist on making compound interest…
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…