Invest

how to invest

Live

career, food, travel

Save

saving, credit, debt

Protect

insurance, security

Retire

401K, IRA, FI, Retire

Home » Archive by Category

Articles in Retirement Planning

Spousal IRA Basics
Wed, 05/11/16 | No Comment
Spousal IRA Basics

I’m willing to bet that most readers of this article have heard of a “spousal IRA”, but very few know exactly what it is or how it works. In reality, however, spousal IRA’s are actually …

The myRA Retirement Plan Launch: Everything you Need to Know
Sun, 11/8/15 | 7 Comments
The myRA Retirement Plan Launch: Everything you Need to Know

It’s been over a year and a half since President Obama mentioned a new retirement plan, called myRA (short for “My Retirement Account”) in his State of the Union address. And after some early tests, …

Saver’s Tax Credit Qualifications for 2015 and 2016
Wed, 10/28/15 | 20 Comments
Saver’s Tax Credit Qualifications for 2015 and 2016

Free money is great, so this post has been updated for the 2015 and 2016 tax years.
What is the Saver’s Credit?
The Saver’s Credit (aka the ‘retirement savings contribution credit‘) is a lesser known, highly advantageous …

When you Retire Might Not be your Choice
Mon, 06/15/15 | 18 Comments
When you Retire Might Not be your Choice

It wasn’t long ago that I blasted the traditional 10% savings plan advice given by financial gurus that recommends you work until traditional retirement age (65+), save 10% along the way, and then sip pina …

Gen Y Retirement Savings Goal: $2 Million?
Mon, 08/25/14 | 14 Comments
Gen Y Retirement Savings Goal: $2 Million?

According to 77% of 226 investment advisors, in a recent survey, the low bar for what Gen Y should save for retirement is $2 million.
One author and investment firm president was quoted as prescribing,
“For a …

$1 Saved in your 20’s Equals $10 Saved in your 50’s!
Mon, 07/14/14 | 26 Comments
$1 Saved in your 20’s Equals $10 Saved in your 50’s!

$1 saved in your twenties can be the equivalent of $10 saved in your fifties, if invested over time.
Hard to believe? It’s true.
Actually, $10.06 to be exact – at an average annual rate of return …


Home | Sitemap | Terms | © 20somethingfinance.com