Measure 66 – taxing your retirement savings

The business press and investment advisers have declared this year to be the Year of the Roth IRA.
Roth IRA: With a Roth IRA, virtually all income-growth and withdrawals are tax free. Because retirees don’t pay taxes on their withdrawals, the Roth IRA has been called “one of the best deals in retirement planning”.
With the [...]

Retirement Planning – SBLI Sharing Advice with Baby Boomers

If you are one of America’s 78.2 million baby boomers, you are likely considering what ideal retirement will look like, and the steps required to achieve it. With the current economic downturn, many boomers are finding it necessary to revisit their initial retirement goals.
Consider the following ABC’s of retirement planning:
A: assess your financial plan [...]

Retirement Planning Mishaps

We all make mistakes. The key, of course, is catching them early and correcting them before the damage is irreversible.
Retirement planning, with all its moving parts – finances, families, health care and legal issues – presents lots of opportunities to get things wrong.

With that in mind, we asked some pros to talk about the more [...]

Retirement Planning – 401(k) match policy signals better job outlook

A new survey from Watson Wyatt suggests that employers are slowly coming out of panic mode. Of companies that cut their 401(k) match this year, 35% say they intend to reverse that decision in the coming six months. That’s a sharp increase from June when just 5 percent of companies said they were going to [...]

Retirement Planning: Focus on Income Rather Than Wealth Building

One of the more interesting bits of advice I saw today as I perused the personal finance blogosphere was a post from Money Ning. This post suggests that instead of trying to meet some large number for your retirement target (such as $1 million or $2 million), you consider the sort of income you will [...]

Questions to Ask About Your 401k Rollover

There are many factors to take into consideration when rolling over your 401k. Whether you have recently retired, or have simply switched employers, the following article outlines six questions to ask when determining what is best for you.
401k Rollover choice 1) Figure Out Your Retirement Needs and How You Should Use Your Retirement Funds
Retirement [...]

Seven Steps to Supercharge Retirement Savings

One of the areas of an investors’ portfolio that sorely lacks proper attention is the 401(k) plan. According to Chip Workman, Lead Advisor with Cincinnati-based The Asset Advisory Group, a 401(k) is often the single largest asset an investor has for their retirement savings. “These accounts are taken for granted or simply ignored far too [...]

Full financial analysis needed before taking decisions

YOU can never ask a stupid question – you can only get a stupid answer and, with so many of us in different industries, you can imagine the enormous amount of questions asked every day.
Most regular questions seem to be:
- I have an investment falling due or a policy has matured — what should I [...]

Rebuilding your retirement

If the carnage in the markets has left your retirement planning dead in the water, you’re not alone. Most workers haven’t made any changes in their retirement-savings plan. A recent report by Vanguard found that 84 percent of its more than 3 million retirement-plan participants made no trades in their accounts in 2008. That inertia [...]

Two Things That Can Heavily Affect Your Retirement Planning

Well, that’s what many financial experts are proclaiming anyways. Thanks to the perfect storm of future inflation and the depleted funds of Social Security and Medicare, more people than ever are starting to break a little sweat when they think about the health of their retirement savings; some are even tempted to pull out [...]

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