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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.” If you have no retirement fund, your quality of life could well be affected.

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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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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

What YOU need in YOUR asset allocation model may well be very different from their generic recommendations. 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. But it’s not that simple. I’m keeping my allocations.

Money 170
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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Crystal from Stupid Cents talks 401k Allocation and where to put your money. “To support mother and father, to cherish wife and child and to have a simple livelihood; this is the good luck.&#. FMF from Free Money Finance shares his Simple Car Email. I wish we had some of these in Canada.

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Meet a Reader | Kim from Iowa

The Frugal Girl

This spring, the gym closed down and sold off their equipment at a deep discount so now I am well stocked for any kettlebell weight I want to use. I just wanted to get away and I moved my 401K money to the advisor they referred me to. We definitely keep things simple around here. How long have you been reading The Frugal Girl?

Iowa 164
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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

That would just be silly and… Jeffrey presents Money Rules Book Review: A Quick Guide to Finances posted at Money Spruce , saying, “I recently checked out the new book Money Rules: The Simple Path to Lifelong Security by Jean Chatzky. There are other great reasons as well. ” Managing Debt. ” Taxes.

Money 133
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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

Frank presents Passively Managed Funds posted at Individual Investor Strategies , saying, “Short-term mutual fund trading is a zero sum game played against other very well informed mutual fund traders and other securities market traders. Retirement Jon the Saver presents When Should you go for a Reverse Mortgage?

Money 113