Before you retire, you should build some funds that can last your life after retirement. After all those years of hard work, who wouldn’t a comfortable and hassle free life. That is why I highly recommend that you give financial planning for retirement a serious thought and plan well for the sunset years. [Read more…]
Rethinking Investment of Retirement Savings in Your 401(k) Plan
If you have been investing the money for your retirement savings in a 401(k) plan offered by your employer, then it is time to rethink your strategy. Although, 401(k) is considered almost sacred as far as retirement savings go, its value has been decreasing lately. [Read more…]
Quick Guide to Traditional IRA Investment
IRA or Individual Retirement Account is an investment option through which people can save funds for their post-retirement life. There are many types of IRAs including Traditional IRAs and Roth IRAs. Both of these IRAs can be created by individuals, who can invest up to a fixed amount every year in these accounts. Two other IRAs – SEPs and SIMPLEs are established by employers. [Read more…]