Create Your Ideal Retirement

create your ideal retirement what is your ideal retirement

Life has been so busy lately that I haven’t had time to read much, but now that things are getting a bit better, I can catch up with a few blogs. Earlier this week, I read What is the ideal retirement at Free Money Finance? and it gave me the incentive to write more about this topic. Basically, we are living much longer these days and the old model of leaving work at 65 and enjoying a few years of idle retirement doesn’t work well anymore. The Baby Boomers will spend much more time in retirement and the following generations […]

33 comments Read the full article →

How Financial Setbacks Took A Toll on My Retirement Saving

How Financial Setbacks Took A Toll on My Retirement Saving

Today’s article is from Mr. Utopia. You can find his bio at the end of the article.  I started saving for retirement when I was still in high school. No, that’s not a misprint. I landed my first job during the summer before my senior year and promptly opened a Roth IRA account at 18 years of age. Now, I’d like to take all of the credit for being a financially savvy teenager who had the foresight to begin retirement planning before even voting in an election. The truth is, my parents urged me to set up the Roth IRA […]

27 comments Read the full article →

Save for Retirement First or Children’s Education?

save for retirement first or college

Last week, my brother forwarded me this article from the NY Times – Save for Retirement First, the Children’s Education Second. The financial planners advise that it is crucial to save for retirement before contributing to your children’s higher education. Your children have more options for education than you have for retirement. They can get loans, scholarships, financial aid, attend a community college first, or maybe just not go to college at all. I’m sure it’s smarter to fund your retirement first and your children’s education second, but I’m one of those people that financial planners butt heads with. Currently, […]

81 comments Read the full article →