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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.” You want to plan to retire from work, not from life. Look at the difference the 10 years makes!

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Investment Methods

Prairie Eco-Thrifter

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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Link Love Carnival #4

Prairie Eco-Thrifter

This carnival will just continue to grow and our donations to different causes will continue to grow. Suba tells us why you should not use your 401K. This month I am happy to say that collectively we have raised $100. For the first month in doing this that’s great. Overtime we will make a real difference.

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What Makes a Saver?

Prairie Eco-Thrifter

As baby grows, we might turn back into fiendish savers – trying to get that retirement fund or college fund built up. I also saved – maxing out 401K contributions to build up the retirement funds. The things that give us pleasure vary by temperament. Time of life. As teenagers, we may be madly saving up for a car.

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The Best Investments For the Over 40s to Start Now

Prairie Eco-Thrifter

For USA Investors An employer-matched 401k allows you to contribute up to $22,000 if you’re over 50; whatever amounts your employer adds to this is basically free money. And you can invest the income tax return you’ll likely receive, and in the meantime the funds you’ve invested in your RRSP continue to grow.

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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 need to make sure our base grows over his lifetime, especially since we hope to leave a legacy to our children and grandchildren. The bond market was at a high at the time.

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Money and Life in Your Forties

Prairie Eco-Thrifter

Behind you are years and years of mastering the skills associated with your growing body; learning how to behave to get along in your society; hour upon hour in school being educated; days and months of becoming proficient in a trade or career; and seemingly endless hours of practical life experience at parenting and a myriad of other functions.

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