Your first job. Such a big milestone. For the first time ever, you are financially independent. You have moved on from being a broke college student to a successful young professional. Don’t get too comfy with that big paycheck, though, it is time to start investing.
Last week, John shared a great post on saving for retirement. Reader Diana took the post to heart, and she left us with a heartfelt comment about getting started on your retirement savings in your 40s. I’m in a similar scenario as Sheena and was about to ask the same question. Though – ours is … Read more
You always hear us finance bloggers telling you to invest for your retirement. We use big words like 401(k), 403(b), IRA, and Roth IRA, but usually assume you all know what they mean and how they work. Today, I am going to share the basics of what you need to know to open and fund an IRA or Roth IRA account.
Today Carrie in Seattle asks us how to handle her retirement contributions when self-employed. Lucky for her, there are retirement accounts just for self employed individuals.
How often do you think about retirement? If you are anything like me, you think about the future quite a lot to ensure a long, stress free life. If, however, you are like most of the U.S., then you are probably saving something for the future, but it is very little in comparison to your … Read more
I regularly share my thoughts on automated investing and putting money away for retirement. In some posts, I’ve discussed how much to save each pay period. 10%, 15%? More? less? I always say to just start with something and save as much as possible for your situation. Today, I want to talk about increasing that … Read more
