Everyone alive today is running in the retirement race of their lives, according to Robert Lamoreaux, author of Winning or Losing the Financial & Retirement Race. As with any race, there are rules to be followed, and times are kept to determine the winners and the also rans. Robert Lmoreaux applies the analogy of running a competitive race to achieving…
Tag: Retirement
Information Investment Planning Retirement Achieve Your Retirement Goals
So you’re looking for information on investment for planning your retirement? The truth is, investing is the most important vehicle to help skyrocket you to achieving your financial goals. Without the power of compounding interest, you simply won’t have enough money for your retirement years. The sad reality is that most people reach their retirement years without nearly enough money…
Getting Close To Retirement Age
If you find yourself getting close to retirement age without a nest egg, do not despair. There are still things you can do during your 40s and 50s to get yourself prepared for retirement. They include figuring out how much money you will need during retirement, income sources like social security or retirement pensions, setting goals, start contributing to your…
401 K Take Advantage Of New Rules
With a change in the laws, there never was a better time to start a 401(k) retirement fund. In fact, you may find that you have already started one, because under the new law, your employer can put you into a 401(k) retirement fund automatically. If that happens – or has happened – to you, you might not pleased at…
Entrepreneurs Find New Way To Finance Dream
Statistics show that more than one million people in the United States start a new business each year. That number would be much higher if all the would-be entrepreneurs had the financing required to get a business up and running. In order to accomplish their dream of business ownership, entrepreneurs are finding new and innovative ways to finance their new…
When Should An Employee Choose A 401k Rollover And Why
An employee should select a 401k rollover if he wants to refrain from having to look after and manage multiple 401k accounts and also pay extra in terms of the account charges towards administration of all those accounts. In this way, the account owner can continue to achieve decades of tax-deferred compounding that his invested funds earn in a 401k…
Great Idea Lousy Name
Obviously, nobody asked the marketing guys before coming up with this one. Who in the world thought up the name “non-qualified deferred compensation?” Oh, it’s descriptive alright. But who wants anything “non-qualified?” Do you want a “non-qualified” doctor, lawyer, or accountant? What’s worse is deferring compensation. How many people want to work today and get paid in five years? The…
Women Fear They Ll Have Little Gold In Their Golden Years
Nearly 40 percent of women aged 30 to 55 are worried about spending their retirement years at or near the poverty level because they cannot adequately save for retirement, according to a recent survey. The National Women’s 2005 Retirement Survey found that women of color are most concerned about their ability to save for retirement. While 53 percent of women…
401k Information How To Decide Which Vehicles Are Best For Your Money
The right 401k information is imperative in order to help you achieve your retirement goals. If you don’t have the right information, you’ll end up like most people-dead broke by the time you reach retirement. The stats are out and they aren’t good. According to social the Social Security administration, if you were to take a hundred people at the…
Baby Boomer Retirement Options
As the first wave of Baby boomers nears retirement age, they’re beginning to realize that unlike their predecessors, they have many options. Here’s a look at some of the Baby boomer retirement options this group of mature adults are choosing. They’re working long past retirement age The generations that came before the Baby Boomers retired from the work force at…