article thumbnail

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. An IRA, or individual retirement account, is a tax-advantaged account that savers open on their own through a bank, credit union or brokerage.

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. After all it was not the people who caused the problem so why should they suffer while the banks get off scot-free? Mike presents May Blog Evolution Report… + Income Stats! posted at The Financial Blogger , saying, “The online income for May.

Money 113
article thumbnail

Seniors – Keep Your Allocations

Prairie Eco-Thrifter

What YOU need in YOUR asset allocation model may well be very different from their generic recommendations. Examples of financial advisor suggestions that would have steered my family wrong: An estate trustee at a bank recommended selling off Chevron stock that my Aunt owned “because it is too risky”. I’m keeping my allocations.

Money 170
article thumbnail

Should You Invest In A Rising Market?

Prairie Eco-Thrifter

Unfortunately, to move them, I had to cash some the investments out in the 401K, leaving me with quite a few funds to get back into the market. It may or may not turn out that way. My Predicament. I retired in 2010 (yeah!). I moved my retirement savings from two company plans into an IRA. When we take action, we take risks.

Economy 187
article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

, and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. Your City or County May Have Free Money For You. Often times, home buyers may not be aware that free money for a down payment on a house is still available for qualified buyers.

article thumbnail

P.E.P. for the Week of January 24-28, 2010- Adjustment Edition

Prairie Eco-Thrifter

Moolanomy tells us how we can reach our savings goals by using virtual bank accounts. By May,the whole house will be clutter free and organized. Personal Finance by the Book askes if we should borrow from our 401K? Live Real, Now tells us how we can save money on anything from bills to insurance. How about you?

January 124