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Articles in Retire

The Crossover Point & Financial Independence
Wed, 03/14/12 | 6 Comments
The Crossover Point & Financial Independence

If you’ve read Your Money or Your Life, you know what the “Crossover Point” is.
And once that seed has been planted, it’s hard to forget about it.
If you don’t know what it is, I’ll give …

Roth IRA Basics (Updated for 2012)
Tue, 03/13/12 | 48 Comments
Roth IRA Basics (Updated for 2012)

I originally published this post a few years back, but have completely updated it for the 2011 and 2012 calendar year.
Why mention 2011? It’s still  not too late to contribute! You can contribute to your …

What is your Definition of Financial Independence?
Mon, 02/20/12 | 12 Comments
What is your Definition of Financial Independence?

Financial independence, or the interchangeable “financial freedom”, is a powerful concept.
We all recognize it as a good thing. Something to strive for. Something to admire in others who have achieved it.
The 20somethingfinance tagline and mission …

2012 Traditional & Roth IRA Maximum Contribution Limits
Mon, 10/24/11 | 2 Comments
2012 Traditional & Roth IRA Maximum Contribution Limits

Last week, I reported the IRS announcement of the 2012 maximum 401K contribution limit increase. Right after, a few readers emailed me asking about the Roth IRA maximum contributions and income limits and whether or …

2012 IRS Maximum 401K Contribution Increase Announced
Fri, 10/21/11 | 31 Comments
2012 IRS Maximum 401K Contribution Increase Announced

The IRS 2012 401K maximum was officially announced, and there’s an increase in the contribution limit! Finally, some good financial news! Without further ado…
The Maximum 401K Contribution in 2012 is
$17,000! That’s right, we finally got an increase for …

Would you Support your Financially Negligent Parents?
Wed, 09/28/11 | 35 Comments
Would you Support your Financially Negligent Parents?

On the surface, the answer of whether or not you should support your parents in their later years is an easy one – yes, of course you should, right? You don’t want to see them …


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