Savings Corner
DECEMBER 24, 2023
When you’re a retiree, taxes can eat into your available income and leave you with less to live on. It’s important to remember that taxes don’t stop once you’re retired, but you can take steps throughout your working life to minimize your IRS obligations later.
Savings Corner
DECEMBER 25, 2023
How to fill out your retirement details Annual pretax income: This is the total income you earn before taxes are deducted. Current retirement savings: Enter the total current balances of all your retirement savings accounts, including 401(k) plans, individual retirement accounts (IRAs) and any other accounts earmarked for retirement.
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Prairie Eco-Thrifter
MAY 6, 2012
With the population aging, there simply won’t be enough people working and paying taxes to fund any government support of retirees. Why are so many people not saving for their own retirement? They might have a part-time job to help pay their way through school or they may have started full-time employment for the first time.
Prairie Eco-Thrifter
NOVEMBER 30, 2014
Earning a sub-poverty-level income for decades as a Catholic priest, he focused on his investments in his free time, and was worth nearly $1 million when he died. This 102-year-old former part-time janitor and dry cleaner left $2.3 Tax yourself. Figure out what you need to live and put the rest in a secure account.
Family Balance Sheet
JANUARY 20, 2017
works in outbound sales, and I teach part-time. and using all of our extra funds, like bonuses from work and tax returns, we were able to pay everything off in 4 years! While we said no to eating out and going to the movies all the time, we. friends or family to save on housing costs, and we put a little bit from.
The Frugal Girl
MARCH 4, 2024
(I still remember saving my change as a kid so I could “shop” for books at yard sales.) Our mom stayed home to raise us kids; she went to work part-time in the local school system after both my brother and I were in school. Now I wish those dollars had gone into our savings accounts. Alan doesn’t share that regret.
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