Compound Interest Doesn't Add Much To Your Wealth by Francis Kier
... And when the baby-boomers start emptying the governmentís 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 isnít 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
... Your next step is to Google ďretirement planning calculatorĒ so you can find a variety of online free calculators. Input the information you calculated from the two prior steps to determine if you are on track. If not, here are two tips that can help fix your plan: 1.Just because you can tap into your IRA accounts at age 59-1/2 doesnít mean you have to. Chances are, youíre going to live a lot longer than you think. Itís not unusual for folks to live into their nineties and beyond.