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401kWe all want to retire eventually. None of us wants to work into our eighties. We all have reasons, too, on why we don’t save for retirement. There are always good reasons. Behind them there are the real reasons. They stare us in the face, and we don’t dare to speak of them.
When you are just joining the workforce, your retirement fund might not be your first priority. Especially if you aren’t really sure what a 401(k) actually is. This article might be a helpful first step to figuring out what your options are!
One of the most popular New Year’s resolutions year after year is to become financially healthy, while at the same time money worries for many Americans have also steadily increased. Have you made a resolution to save money in the New Year? It’s only February, but have you already started breaking it? If so we […]
The 401(k) may well be the best investment tool ever for building long-term wealth, and many people don’t take advantage of it. Is it time to take a second look at your 401(k)? Here are six ways you can maximize your retirement savings starting right now — even if your plan only offers a few […]
Planning and saving for retirement are among the most important aspects of personal finance. After working hard for the majority of adult life, most look forward to winding down and enjoying a comfortable lifestyle during retirement. While more people are aware of the importance of saving ahead for your retirement, there are still two general […]
To continue with our series, there are more benefits to look into at your first job, other than your health insurance policy (which we discussed last week). Although your working days are just beginning, it is never too early to think about your retirement. Ask about your company’s retirement plan immediately. The most common account […]
May and June are the months to celebrate graduations – to some, the beginning of adulthood. Whether you are graduating from high school or college, there are certain money tips recent grads should follow to get started on the right food – and avoid debt and other financial problems. Here are our top five picks: […]
Last week we discussed why it is important to have an emergency fund set up. Now, for our third and final week we will take a look at why paying your bills late is another costly mistake. Paying your bills late will have more of an effect on your finances than just paying a onetime […]
Over the next three weeks, we will be discussing the “three costliest money mistakes”, according to Shape Magazine. This week we will see why waiting to open an IRA or 401(k) can cost you. Take a look at these motives to encourage you to start your retirement account now! If you wait to start saving […]
Last week we discussed why tax breaks are a great motivation to contribute to a 401(k). In this fourth and final week, we will discuss our last reason why you should contribute. Reason number 4: Your money can go with you, job to job – If you change jobs, you can put your money into […]