Category: Retirement Planning
Update: MyRA plans have been shut down, with deposits no longer being accepted after December 4, 2017. The U.S. government’s IRA plan, myRA (short for “My Retirement Account”), is …
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 …
According to 77% of 226 investment advisors, in a recent survey, the low bar for what Gen Y (millennials) should save for retirement is $2 million. One author and …
$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 …
Who doesn’t want to earn at least a little bit more than they are right now? Back when I made $35,000 a year, I’d look to the goal of …
Have you ever wondered, “Hmmm… can I roll this retirement plan over to that retirement plan”? Retirement plan rollovers can be confusing. Sometimes there are goofy rules around when …
While completing my taxes this year, I started noticing that I would have a sizable tax bill due from self-employment income unless I found a way to reduce my …
