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Retirement Calculator — Free Calculators for 401K, Roth IRA, Savings and More

Savings Corner

Estimating how much income you may have from Social Security can assist in approximating the amount of money you’ll need to save in dedicated retirement accounts such as 401(k)s and IRAs. Source link The post Retirement Calculator — Free Calculators for 401K, Roth IRA, Savings and More appeared first on Savings Corner.

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Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

.” - “I don’t earn enough to be able to put anything away for retirement.” - “With the rising cost of living, I am having trouble making ends met, let alone putting anything aside for the future.” - “My boss doesn’t have a 401K for me to join.” There may be conditions or a qualifying period for these, so get all the information.

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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

Welcome to the May 11, 2012 Edition #236 of the Carnival of Financial Planning. Mike presents May Blog Evolution Report… + Income Stats! posted at The Financial Blogger , saying, “The online income for May. This edition is arranged by subject heading, so that you can browse efficiently. ” That concludes this edition.

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What Makes a Saver?

Prairie Eco-Thrifter

A smile or a word from a parent or teacher, seeing someone enjoying their savings, a chance combination of a happy conversation, a sun shiny day and an increased amount in the piggy bank – all may result in one child’s brain being wired towards the pleasure of saving. As teenagers, we may be madly saving up for a car.

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401(k) Calculator: Calculate Your Match & Future Balance

Savings Corner

That’s a good thing and a bad thing: On the plus side, you may have access to lower-cost versions of those specific funds, especially at very large companies that qualify for reduced pricing. You may be able to roll a Roth 401(k) into a Roth IRA to avoid RMDs. Contributions may be tax-deductible, or withdrawals may be tax-free.

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Money and Life in Your Forties

Prairie Eco-Thrifter

You may have been part of a couple and a family for 15 or 20 years by now. Being out of the work force to raise babies put me behind on the retirement savings front, but I caught up through regular 401k contributions, and additional IRA savings and ended up with more than most people do put aside. Perhaps they will work for you too.

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4 Financial Lessons Your Parents Forgot to Teach You

Saving Cents With Sense

You might have to share your house with your roommates but, depending on your location, it may be better than being stuck in a studio apartment on your own. This is especially important if you get a 401K match from your employer, as that’s free money. Read Up on Retirement Accounts. Car Buying.