Category Archives: Retirement

Saving For Retirement: Just Do It

Saving For Retirement: Just Do It

Saving for retirement can be done. I can say this because I understand how saving and interest work. Most people do not. They simply see that they have $2,500 in their 401k plan and therefore are short $997,500. That number is defeating and so they just give up.Continue Reading

When It Comes To Investing, Just Do It

When It Comes To Investing, Just Do It

I’ve worked in the investment industry for close to 15 years. I’ve encountered many different people during this time, from those new to investing to those that have been investing their money for the better part of 50 years. At the end of the day though, they all have one thing in common: they followed through and got started.Continue Reading

Rolling Over An Old 401K Plan. Should You Do It?

Rolling Over An Old 401K Plan. Should You Do It?

If you left your job for a new one or were laid off, odds are you left your old 401k plan at that employer. You probably thought you would take care of it later or maybe you never even thought twice about it. But forgetting about it is the last thing you want to do. And the reason isn’t just because in 20 years you may completely forget about it, though that is a valid reason.Continue Reading

Motivations For Saving For Retirement

Motivations For Saving For Retirement

A quick internet search shows that college grads are still barely saving anything for retirement. And how can you blame them? Aside from the difficulty in finding a job and high student loan repayments, the fact that retirement is decades away gives many the false sense of hope that they can catch up at a later time.Continue Reading

Take Control Of Your Retirement This Year

Take Control Of Your Retirement This Year

With a new year, many of us have our sights set on bettering our lives. For some, this includes losing weight and eating healthy while for others, it’s all about getting our finances in order. For those looking to take control of your finances, there are a few simple things you can do in 15 minutes time that will have a dramatic impact on your retirement. Not only will they take little of your valuable time, you also won’t really notice an impact either on your daily life. Can it get any better than that? Here are the 2 tips you can use now to start taking control of your retirement.Continue Reading

Retirement Moves to Make in Your 20s

Retirement Moves to Make in Your 20s

A recent trend from my informal surveys is that many young adults are not preparing for retirement, despite the huge advantage that young adults have. There are a number of different reasons for this inaction, including: not earning enough income, too much debt, not understanding the benefits, AND…not knowing HOW to prepare for retirement.Continue Reading

How to Start Saving for Retirement

How to Start Saving for Retirement

One of the most difficult financial challenges that young adults face is how to start saving for retirement. In comparison to saving for retirement, managing your budget, spending less than you earn, and building up an emergency fund seem like a piece of cake. Retirement planning is a great mystery to so many young adults. Unfortunately, this means delaying or putting off actually investing money for your retirement. Just because it isn’t something you are familiar with, doesn’t mean you should put it off. In fact, if you have read my post on why compound interest matters so much, you probably wouldn’t put it off one more day.Continue Reading

What Does My Retirement Plan Look Like?

What Does My Retirement Plan Look Like?

I figured it was time to share what my retirement plan looks like. Since I am still in my 20s, much of this is still a plan. Some of it is happening right now, and some of it is in the works. While I typically hold some information back for privacy reasons, this is one of those posts where my readers will get full disclosure. How’s that for entertaining?Continue Reading

Young Adult Retirement Planning – Benefits of Saving a Lot Early

Young Adult Retirement Planning – Benefits of Saving a Lot Early

Retirement planning isn’t just for old people – or even middle aged people. People in their 20s and more generally, young adults, can start saving for retirement too. In fact, young adults can make a larger impact on their retirement income than anyone else can – and that’s because they have one major advantage that older people don’t have: time. By having more time for your investments to increase and earn more interest, young adults can either make or break their retirement plans based on whether they save or don’t save.Continue Reading

Rolling Over Your Retirement Plan

Rolling Over Your Retirement Plan

Our generation is nothing like our parents. Our parents generation would find a job, stay with the employer for life, get a gold watch upon retirement and be done with it. I’ve seen this too: my Dad worked for the same company for over 40 years. I’m in my mid-30’s and I’ve already worked for three employers since graduating college!Continue Reading