Compound Interest Doesn't Add Much To Your Wealth by Francis Kier
... And when the baby-boomers start emptying the government’s social security account in 2014, tax rates on these retirement accounts are not going to remain low. Politicians will take the easy way out and simply tax these retirement accounts to make up any deficit. The point is this: when money is in a retirement account, it isn’t yours until the government taxes it and releases it to you. More reference material for this article is available at If you start playing around with realistic ...
Does Your Financial Plan Belong in a Cartoon? by Neal Frankle
... If you delay taping your retirement accounts, you give them a greater opportunity to grow, and you reduce the time they have to produce income for you. It’s a double win! 2.Use a defensive strategy when it comes to investing. Realize what Wile E. Coyote never seemed to: What goes up must come down. According to 60 years of research, a bear market comes along every 3.3 years and the average loss exceeds 27 percent. It won’t take many of these bear markets to get you off the golf course and ...
Retirement Management by Matt Alexander
... Show a man how to fish, feed him for a lifetime." Since there are limits on how much you can contribute to these plans each year, you may want to set up others accounts such as an IRA or retail brokerage account. For 2006, the max annual contribution is 15K or 20K if you are 50 years of age or older. Social Security In the past, individuals had been able to rely on Social Security when they retired. Now, according to the Social Security Administration, the average monthly Social Security ...
The Point Behind Point & Figure by Thomas Mullooly
... What we DO know is that the risk of losing money in our accounts is much higher when the indicators are flashing defense. This has been the case since the bullish percent charts were created over 50 years ago. If you want me to show you how these charts can guide you, just call me and I will GLADLY show you in less than 10 minutes. This is where stock selection is key. There has never been a more crucial time for you to be working with someone who watches the market on a daily basis.
A Bit About Early Retirement Benefits by Tom Turner
... But as a general rule if you take early retirement benefits you will get about the same total Social Security benefits over the rest of your lifetime it will just mean that they come in smaller amounts in order to take into account that you will actually be receiving them over a longer period. There are some advantages as well as disadvantages to be had from you taking early retirement benefits before you actually reach full retirement age. One really big advantage is that you will be ...
Retirement Calculator by Milos Pesic
... Withdraw Until Age – The number of years you need your retirement income. Inflate Contributions – Do you like to increase your investment amounts to account for inflation over the length of the investment period? Clicking on Yes will increment the investment each year by the exact amount of inflation. Selecting No will make each investment an equal amount. Are Annual Contributions Tax Sheltered – Yes, if your investments are in a tax deferred account such as a 401(k) plan or a retirement IRA.
It Pays To Be Stingy by Hari Wibowo
... Knowing that an extra one percent return is significant to your retirement account, here is several ways to achieve that. Using a Limit Order. We are not day traders. But, that does not mean we should buy a company using market order. With lots of program trading out there, using market order might give you the highest price of the day. Looking at any publicly traded companies, it can fluctuate 1 - 2 %. in a given day. Furthermore, using limit order does not cost you extra.
The Key To Success With A Home Based, Network Marketing Business by Donovan Baldwin
... Before I retired in 1995, I started looking for a way to supplement what was going to be a meager retirement income. I began trying out different MLM, network marketing and home based business opportunities, while working full time jobs to pay the bills. I am also a member of Mensa. That is an organization whose only requirement is that you can prove you are a genius. Now, with all the education and experience I had going for me, and as intelligent as I am, I took the first network ...