Year-End Push For Retirement Savings

RetirementPaperworkWe’re only four months away from the end of the year, which means it’s crunch time for you if you’re trying to bulk up your retirement savings before December. Today’s article explains how to do it in six ways. Here’s one, “Consider opening an after-tax savings account. If you find yourself hitting up against the savings limit on your tax-shielded retirement account, consider opening an additional after-tax account that’s dedicated to your retirement. Just because the law prohibits you from putting more than $17,500 into your 401(k) doesn’t mean that’s all you should be saving – it’s just all you’ll be saving out of pre-tax money.” To read more, CLICK HERE.

Read More

U.S. Stocks Doing Okay…For Now

NYSEDespite the violence occurring with the Ukraine, Gaza Strip and Iraq, U.S. stocks seem to be okay for now (knock on wood). And according to today’s article, it may continue to do so though investors may be weary. Here’s a quote, “…many fund managers say that unless the unrest increases and threatens the global growth outlook, the case for buying U.S. stocks appears stronger than that for bonds and many other assets.” Want to read more from this article, CLICK HERE.

Read More

Are You Taking Advantage Of This Retirement Account?

American retirement plan concept with word cloudHave you heard of Roth 401(k)s? They usually come up when talking about retirement for Millennials, however, today’s article thinks Roth 401(k)s may be right for not only Millennials but also Gen Xers and baby boomers. Here’s one of the benefits, “With a tax-free account, you can avoid required minimum withdrawals after age 70½ (as long as you roll over your Roth 401(k) to a Roth IRA). You can also pull out a large sum in an emergency, such as sudden medical bills, without fear of rising into a higher tax bracket.” To check out the article, CLICK HERE.

Read More

Two Stocks You May Want To Check Out

Wall St BullThere’s no doubt that there has been a lot of negativity regarding the stock market lately but today’s article discusses two stocks you should check out, “on the way down.” Here’s what the article has to say, “Jim Cramer always tells investors to scale into new positions on a decline. If you’re looking to put money to work, the current selloff may be presenting significant opportunity.” To check out the two stocks, CLICK HERE.

Read More

Is It Smart To Retire Early?

RetirementPaperworkYou’ve done everything you were supposed to to save for retirement and you actually saved up enough to possibly retire early. As appealing as it may sound to retire a bit earlier than expected, is it the right decision? Today’s article discusses that very topic, “…don’t jump to conclusions. Deciding whether to kick up your feet a few years ahead of schedule is more complicated than adding up account balances to see if they have reached a magic number.” To read more, CLICK HERE.

Read More

Financial Literature For The Beginner Investor

Girl ReadingIf you want to begin investing and you don’t know where to start, you may want to take a look at this. Today’s article discusses books for rookie investors looking for reading material. Here’s what they had to say, “Investing for beginners means making beginner’s mistakes. But by educating yourself beforehand, you can hopefully keep the financial pain to a minimum. That’s why I’d like to suggest some of my favorite financial reads…” What to check them out, CLICK HERE.

Read More