![]() | |
![]() | |
![]() |
Investing Information |
|
![]() |
Planning for Retirement
Almost without exception, people don't start planning for their retirement early enough in their lives. Young people leaving High School or College and going into their first paid position find it difficult to look or see ahead to age sixty or sixty-five. Still, time marches on and retirement does arrive. Unfortunately often, it is well into the fourth decade of a person's life that the reality hits - retirement is not only there but it's now visible on the horizon and it's time to do something about it. The first mistake that people make is in their prediction of what they're going to need once they're not working. Inflation is, of course, unpredictable but high inflation is commonly accompanied by high yields in the stock market which are fed through yields from pension funds so those factors tend to compensate one other. It's the actual income that's will be needed that is commonly miscalculated. While it's true that daily living expenses such as gas for the commute and dry cleaning bills will likely be reduced, other expenses such as mortgage, taxes and utilities will not. How can you be sure you will have enough to live comfortably in retirement? Start by arranging a meeting with your local credit union. Financial specialists can help you develop a savings plan that fits your needs and goals. You will learn about a variety of products and services that are flexible enough to accommodate you whether you are beginning your savings plan at 25 or 45. What will happen at my retirement planning meeting? Most importantly, your retirement planner will listen to learn about you and your savings goals. It's a good idea to give them some though and discuss them with a life partner before the meeting. Your planner will also ask you many questions to help clarify your goals and offer the most relevant recommendations. He or she will likely use a software program to help you visualize projected outcomes. Ask questions until you completely understand each plan to make the best choice. Impending retirement can be worrisome but planning can alleviate some of that worry. Once you start your retirement plan be sure to give an annual check up to monitor your progress and reevaluate your goals. You will likely want to make changes as you age and in response to current market trends. Nicole Soltau
MORE RESOURCES: How Much Income Can You Make Investing $10,000 in Warren Buffett's Top 5 Dividend Stocks? The Motley Fool Why Are People Investing in Cobalt? Should I? Yahoo Finance A smart guide to ESG investing Yahoo News CI Direct Investing Boosts Commitment to Straightforward Saving and Investing with Educational Collaboration Yahoo Finance Sustainable and impact investing continues growing – Cambridge ... Pensions & Investments Conversation on 2023 Sustainable Investing Landscape and ... Episcopal News Service 10 areas where CFOs are investing more, less healthcare dollars Becker's Hospital Review Former fast-food employee who began investing at 19 says she will be a millionaire before she’s 40 Yahoo News 5 Ways To Invest In Farmland Bankrate.com SoFi Active Investing Review 2023 Bankrate.com Will the U.S. Stock Market's Bull Run Continue? Investing.com Want to Invest in a Retail Stock? Ask This Question First. The Motley Fool Investing in Method Andreessen Horowitz The Best Stocks to Invest $1,000 In Right Now The Motley Fool Investing When Your Time Horizon Is Short The New York Times BlackRock pushes to attract more retail investors to ETFs Financial Times What the Smartest Investors Know About Roku Stock The Motley Fool GM investing $650M to develop Nevada lithium mine Supply Chain Dive Alibaba Set to Gain as China Unfreezes Economy Investing.com German Retail Sales Send EUR/USD Below Support Investing.com 3 healthcare companies Silicon Valley Bank is investing in Becker's Hospital Review Why You Should Invest: Top 10 Reasons AllBusiness.com 5 big earnings reports: UBS slips By Investing.com Investing.com What AMD and Nvidia Investors Should Know About Recent Updates The Motley Fool Investing in Voldex Andreessen Horowitz Should Cannabis Investors Be Starting to Sweat? The Motley Fool The 10 golden rules of investing Yahoo Finance 'Bull Traps' Threaten Nasdaq and Russell 2000 Investing.com 3 Things About Microsoft That Smart Investors Know The Motley Fool Ultimate Guide on Investing for Beginners Entrepreneur Recession Forecasts at Odds With Bullish Formations Investing.com EUR/JPY Consolidates in Tight Range Investing.com Five Ways to Diversify Your Portfolio During a Recession Kiplinger's Personal Finance 35% of Cathie Wood's Flagship ETF Is Invested in Just 5 Stocks The Motley Fool Butler University investing in its Esports future as popularity grows WRTV Indianapolis Ford Motor Struggles as Tesla Raises Stakes in EV Battle Investing.com Are Consumer Stocks Sending Chills to Broader Market? Investing.com What Investors Need to Know About the Latest News From Microsoft The Motley Fool 5 Investing Alternatives for Conservative Investors Kiplinger's Personal Finance Investing in 2023: A Year to Be Patient and Selective Morgan Stanley |
![]() |
![]() |
![]() |
RELATED ARTICLES
Angels, Are They Real? They're real, but few survive. High risk investing is dangerous to your bank balance. Brain Snappers and Other Wall Street Nonsense The last time you spoke with your broker did he use any of the following words? Diversification,Price-to-earnings ratios, discretionary trading,lifting a leg (he's talking to you not yourdog), leverage, divergence, fee-basedcompensation, escalator clause, tactical assetallocation and other mesmerizing words to placeyou in stupefying shock.Brokers do that to let you know that you don't know anything about the market and you mustallow them to make decisions for you. Trading Is Not Rocket Science! Despite what some people may lead you to believe; day trading, swing trading and trend trading is not anywhere as difficult as they would like you to think. It really boils down to two key components. Creating Wealth by Gearing Up Gearing is where you borrow money to invest. As already mentioned, it is best to clear all your debt before looking at investment. Chinas Inscrutable Currency Strategy Purpose: Expose Opportunities for Smart InvestorsThe move by China's central bank to drop the yuan's rigid peg to the dollar on the day of my return after a three-week trip to Asia left a host of questions unanswered. The basket of currencies that will allegedly determine the value of the yuan going forward was not disclosed. Maniac Investment Let's first understand what maniacmeans. According to Webster a maniac is "mad;raging with madness; raging with disorderedintellect". Focus Your Investments on the Long Term "All human power is a compound of time and patience!"Honore de Balzac (1799 - 1850)Long term investing or "Buy and Hold" is not about hunches, emotions, stock tips, market timing or making quick profits! It's about using proven long-term strategies to accumulate wealth over time!A large part of the daily volume on the exchanges is due to traders who hope to make a small profit by taking advantage of small discrepancies in the pricing of securities, or who are able to buy a stock as soon a favorable analysts report is issued and who hope to profit before the inevitable runup.The instantaneous access to information that financial institutions have gives them an enormous advantage over the individual investor when it comes to short-term trading. Investing in Car Dealerships: How to Do It Right The financial characteristics of the automobile dealership are attractive:". . It's Not the Size of Your Bank Account You might think that if you win the lottery or get a huge raise, all your problems will be solved. Sounds logical, right? Well, it might sound logical, but it isn't. Annuity Help Many people today are looking for annuity help. The biggest challenge seems to be that most of the help is biased. How to Use Annual Report There are many steps in calculating the fair value of a company. However, before we even do that, it is imperative to know how a company earns its profit. Straddle Strategies in Option Trading The straddle strategy is an option strategy that's based on buying both a call and put of a stock. Note that there are various forms of straddles, but we will only be covering the basic straddle strategy. Forex Trading Best Practices FOREX, the term for the FOReign EXchange market, is an international exchange market where currencies from many different countries are bought and sold. Both long-term hedge investors and short-term investors that seek quick profits use FOREX. Missleading Fund Names Wreak Havoc On Investor Returns! Mutual fund managers use fake fund names to part you from your money such that you cannot judge what a fund does by its name. Many funds have names that are outright misleading or even deceptive. The 8 Biggest Mistakes When Designing Portfolios - and How To Avoid Them Are you as good an investor as you think? Do you consider yourself a well-informed investor able to anticipate and avoid nearly all pitfalls associated with investing? Chances are, you are making one of the common errors that could cost you hundreds or even thousands of dollars, or worse yet, your financial independence, control and security."I see people making the same costly mistakes over and over," says Scott Frush, CERTIFIED FINANCIAL PLANNER and author of Optimal Investing: How To Protect and Grow Your Wealth With Asset Allocation (Marshall Rand Publishing; available by calling 1-800-247-6553). Art Investing for a Financial Future When we think of investing we probably conjure images in our minds of the New York Stock Exchange, suited stock brokers making deals, bonds and treasury bills, and all manner of financial matters. The last thing we probably think about is art. Making Every Penny Count More and more workers are leaving their jobs and taking their 401 k retirement plan funds with them. While some are rolling their funds over into IRAs or other qualified plans; many are taking their distributions in cash. Critical Investors Business Daily Responsibilities - If not Followed Could Cost You Millions! When thinking about the investors business daily responsibilities in today’s market environment, the best remedy for this situation is for you to get more involved in your own investing decisions.The problem is that most individual investors do not have the knowledge, resources, or time to spend doing their own research, stock selection, execution, and position management. Delist My Corporation Please It use to be said that once a company was de-listed from the NASDAQ it was the kiss of death, not so any more. With Sarbanes Oxley and all the insane reporting requirements it might save your company from incessant lawsuits from investors and the government regulators who are out to destroy free enterprise. Angels Investors and Their Networks What is an Angel Investor?An Angel is usually a private person who invests in small businesses. The Angel is generally a successful businessperson or entrepreneur who looks to invest in a business that has potential for growing their investment in the future. ![]() |
home | site map |
© 2006 |