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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.” If you have no retirement fund, your quality of life could well be affected.

401K 261
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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.

Making 124
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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. Frank presents Passively Managed Funds posted at Individual Investor Strategies , saying, “Short-term mutual fund trading is a zero sum game played against other very well informed mutual fund traders and other securities market traders.

Money 113
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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

What YOU need in YOUR asset allocation model may well be very different from their generic recommendations. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA. Take their generic advice at your own risk! Stocks were cheap.

Money 170
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401(k) Calculator: Calculate Your Match & Future Balance

Savings Corner

In the Basic fields, you can adjust your contribution amount (based on a percentage of your income), as well as employer contributions, your planned retirement age and your expected rate of return. 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.

Money 100
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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

.” Rice Edelman (of Edelman Financial Services ) reported a similar prediction by Jeffrey Hirsh that the Dow will reach 38,820 by 2025, saying: “Hirsch is editor-in chief of Stock Trader’s Almanac, a well-known publication within Wall Street circles. It may or may not turn out that way. My Predicament.

Economy 187