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5 Secrets of Picking a Good Mutual Fund
Tweet Share on Facebook March 31, 2011 Comment (3)Mutual funds are big business. In excess of $12 trillion is invested in approximately 11,000 mutual funds in the U.S. Most them are actively managed funds, where the fund manager attempts to beat a designated benchmark, like the S&P 500 index.
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The 5 Worst Ways to Save for Retirement
Tweet Share on Facebook March 30, 2011 CommentMany of us should be ramping up our efforts to save for retirement. But not all methods of saving money are worth the cost. Here are five retirement saving strategies that could actually leave you worse off in retirement.
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7 Signs You’re Not Ready for Retirement
Tweet Share on Facebook March 30, 2011 Comment (1)Once you've turned 65, amassed a substantial 401(k) balance, and are eligible for Medicare, it’s time to retire, right? Not so fast. Retirement has many selling points, but that doesn’t mean everyone should be buying. Here are some reasons you might not want to pull the trigger just yet.
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5 Costly Retirement Investment Mistakes to Avoid
Tweet Share on Facebook March 29, 2011 CommentRetirement is not just a far off dream. It is an achievable goal for the majority of Americans. But retirement isn’t a given. You only get one shot at it and it takes hard work and discipline to set yourself up financially so you can enjoy your golden years in style. Here are five costly retirement mistakes to avoid.
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How to Create a Permanent Summer in Retirement
Tweet Share on Facebook March 29, 2011 Comment (2)Jody Hanson has had enough of shoveling snow and chipping ice off her car’s windshield. She was born in a small town in central Canada. But as her retirement date approached, she couldn’t wait to hop on a southbound plane.
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7 Baby Boomer Financial Mistakes to Avoid
Tweet Share on Facebook March 25, 2011 Comment (4)The majority of baby boomers are woefully unprepared for retirement. In large part, this is because baby boomers made too many critical financial mistakes. Here are some key ways boomers have failed at retirement planning and how you can avoid these errors in your own retirement preparations:
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Investing Lessons from 2010
Tweet Share on Facebook March 24, 2011 Comment (2)Assume you invested $100,000 on Jan. 1, 2010 in a portfolio that tracked the Russell 3000 index. The Russell 3000 measures the performance of the largest 2,000 U.S. companies, representing approximately 98 percent of the U.S. stock market.
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8 Last-Minute Ways to Stretch Your Nest Egg
Tweet Share on Facebook March 23, 2011 Comment (1)Many people in their 60s don't have enough saved up to have a financially stress-free retirement. Individuals will small nest eggs run the risk of depleting their savings before all is said and done. But it’s not too late to take swift action to fund the retirement lifestyle you want. Here are some last-minute ways to boost your retirement finances.
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Why Retirement is Not an Age
Tweet Share on Facebook March 22, 2011 CommentMany people have a specific age in mind for retirement. For some people it’s age 55, 62, 65, or after they earn enough service time to draw a pension from their employer. But simply reaching your ideal retirement age doesn’t mean you will be financially prepared to retire then.
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How to Retire for Half the Cost Overseas
Tweet Share on Facebook March 21, 2011 Comment (1)A one-bedroom apartment in Santa Monica, Calif., is for sale right now for $350,000. It has 588 square feet of space and sits 14 blocks from the ocean. That’s a price typical of the California beachfront apartment market. And the apartment in question is still quite a hike from the beach.
