ShareLast week Blomberg Reported the following article. Of course this raises the hair on most people’s necks and begs the question: Is the US Government trying to prevent a collapse of the Treasury Market? As one of my sources from D.C. points out in an email:
“The feds are trying to figure out how to [...]
Wise Advice for your Money & Life
Category Archives: Retirement Planning
Converting 401k and IRA Funds Into "Steady Payment Streams"
An Investors Manifesto for Real Investors
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Image by thelastminute via Flickr
An Investor’s Manifesto, for Real Investors
I recently read an article from Kiplinger’s called An Investor’s Manifesto, which accurately summarizes several important investment pillars to follow. Some of those ideas are in this post and I have added several of my own.
Diversification among different asset classes works well over the years and [...]
Roth IRA 2010, Basics
ShareRoth IRA 2010, Basics
The Roth IRA legislation which passed on January 1, 1998 as a result of the Taxpayer Relief Act of 1997 created one of my favorite savings tools!
The Roth IRA provides no tax-deferral for contributions, but as long as you meet the criteria, all earnings are tax free when you or your beneficiary [...]
Converting A Traditional IRA to a Roth IRA in 2010
ShareConsider Converting Your Traditional IRA to A Roth IRA in 2010
In 2010, you can convert your Traditional IRA to a Roth IRA without the income ceiling limitations. The $100,000 modified adjusted gross income ceiling that previously prevented this conversion will be eliminated, gone, kaput! Thank god for small miracles. The maximum adjusted gross income (MAGI) [...]
2010 Roth IRA Contribution Limits
ShareThis is the time of year to consider funding your retirement accounts. One of my personal favorite vehicles for retirement savings it the Roth IRA. Why? Because once you pay your taxes on this money and place it inside the structure of a Roth IRA, your money is able to grow ( and compound!) tax-free. [...]
Keys To A Great Retirement
ShareFinancial Strategy of the Month – November
Keys to a great retirement
The choice of whether to retire early or work until your last days is completely individual. Retiring doesn’t mean the rocking chair. For me it is being able to have enough passive income to choose. Then you are able to design your life in [...]
Benefit of the Roth IRA, Tax Savings Benfits
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Benefit of the Roth IRA, Tax Savings Benfits
A Roth IRA account can help you to manage your income taxes in a variety of ways. This article explores a number of these tax-savings benefits.
First, qualified distributions from a Roth IRA are paid free of federal income taxes. Reducing your federal income taxes in retirement can [...]
How to Make your Money Last Forever
ShareHow to Make your Money Last Forever
Here, an outline of six vital steps you should take to guarantee you’ll never outlive your savings.
The oldest baby-boomers are nearing retirement’s homestretch, yet many of them still don’t know whether they are saving enough or how to convert those savings into a lifetime of income. If you’re one [...]
Retirement Advice For Those Close to Retirement
ShareRetirement Advice For Those Close to Retirement
If you are close to retirement, you should find couple tips helpful in planning for life after retirement. Remember people are living well into their 80s. So, it is important to plan and consider how your life will look when you get to retirement.
Plan to work full-time a little [...]
Take These 4 Easy Steps Now To Plan for A Successful Retirement
ShareHow to Plan for a Successful Retirement
Retirement planning is often mistaken as a purely financial activity. Life is about more than money; retirement is no different. What the terms ’success’ and ‘retirement’ denote to you is inherently subjective. Someone who defines success
in financial terms will have different retirement priorities as well.
When planning for a successful [...]
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