Savings Corner
DECEMBER 25, 2023
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.
Prairie Eco-Thrifter
MAY 6, 2016
Digging into this formula investment technique (which is similar to dollar cost averaging), led me to the re-discovery of multiple other types of formulas and techniques which are supposed to help us make our money grow. When I retired, I used this method to re-invest the proceeds from my company 401K (that I had rolled into an IRA).
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Prairie Eco-Thrifter
APRIL 6, 2012
. ” Jen presents 6 Free Financial Resources & Tools to Improve Your Finances posted at Master the Art of Saving , saying, “If youre interested in monitoring or improving your finances, then you probably dont want to be spending money to do it. Even professional bond market money managers do not beat the bond market.”
Prairie Eco-Thrifter
MAY 10, 2012
posted at Money Talks Coaching , saying, “Money and marriage. Savvy Scot controversially talks about how to spend money and what so many financial bloggers are doing wrong! Maria presents Politics and economy in the Eurozone part 1 posted at The Money Principle , saying, “The people have spoken in France and Greece.
Prairie Eco-Thrifter
JANUARY 12, 2014
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”. 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.
Prairie Eco-Thrifter
MAY 23, 2017
If you don’t have enough money to put food on the table, you are going to do something about it. I also saved – maxing out 401K contributions to build up the retirement funds. In its simplest form, the thing that makes a person a saver is the act of saving. For some, having an unmet need is enough to make a saver.
Prairie Eco-Thrifter
APRIL 30, 2013
If you have money to invest, should you put it to work when stock prices are rising every day, or should you wait until the market goes down? I’m not financial advisor or planner or trader or fund manager, but since I have money to invest, I wanted some answers to this question for my own purposes! My Predicament.
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