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

Savings Corner

Setting retirement goals When it comes to retirement planning, it’s hard to meet goals you haven’t set. Source link The post Retirement Calculator — Free Calculators for 401K, Roth IRA, Savings and More appeared first on Savings Corner.

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Investment Methods

Prairie Eco-Thrifter

When I retired, I used this method to re-invest the proceeds from my company 401K (that I had rolled into an IRA). It caught me by surprise that the stocks/mutual funds in which I invested while in the 401K could not be transferred in kind to my IRA. Instead, they had to be sold within the 401K and the proceeds reinvested in the IRA.

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What Makes a Saver?

Prairie Eco-Thrifter

Once we hit retirement, assuming your saving efforts have been successful, we might once again become spenders – pursuing delayed goals and dreams. I also saved – maxing out 401K contributions to build up the retirement funds. Over my life, I have been primarily a saver.

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The Best Investments For the Over 40s to Start Now

Prairie Eco-Thrifter

Your goal is to achieve capital appreciation rather than get good dividends. Make your goal to create an income from your investment. Generally, this goal is best achieved with corporate or government bonds. You purchase when the price is low and sell when it goes up, thus making a profit.

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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

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. We are all different, with differing financial situations, goals and tolerances, but we are all statistically living longer as well. The bond market was at a high at the time.

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Money and Life in Your Forties

Prairie Eco-Thrifter

Set aside as much as you can for your retirement years now, if you haven’t already met those goals. 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.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

They are also there working with you to help you reach your goals; even those financial goals. If we put our mind and actions to reaching a goal then we will complete it. Crystal from Stupid Cents talks 401k Allocation and where to put your money. Have you ever derailed your goals?