Archive for the ‘Retirement’ Category
-
Zecco for My Retirement Funds?
Often times, I’m Lazy, but never so much with 401k plans from past jobs I have held. I know I should transfer the money to a Rollover IRA. This would save me money in administrative fees. It would also give me more choice in investments. If I wanted to buy a [...]
-
Is 2X Your Salary a Good Retirement Goal?
Boston Gal’s Open Wallet asks do you have two times your income saved for retirement? The most interesting part of the article was concept of a crossover point your retirement savings. The crossover point is when you make more from compounding interest than you do from new contributions. This happens when you [...]
-
Market Timing with 401K Contributions
Last Week, I said now was a great time invest in stocks. Those who listened to me are probably upset as the Dow continued to drop from around 13,250 to 12,700. They may get more upset with me in the coming weeks and months. I’m confident that in years though, they’d [...]
-
When Can You Retire?
Have you ever sat down and figured out when you might be able to successfully retire? If you have you might have realized that the closer you are retirement the better your estimation are. Since I’m only 31, calculating my retirement is is like trying to sink a putt from far, far away. [...]
-
Retire on 80% of Your Income?
A little while back Flexo from Consumerism Commentary asked “do you need 80% of your current income in retirement?” While that might be accurate for some people, like most “rules” in personal finance there are exceptions. It is these exceptions that make it difficult for me to endorse.
There are numerous factors that weigh [...]
