Worried about saving for retirement? Here are three outside-of-the-box tips from CPA Stephen L. Nelson.
7 Common Mistakes of Estate Planning
The most common mistake when it comes to estate planning is not getting around to doing it at all. Make sure that you take the time to plan at least the financial portion of your estate so that you leave your loved ones behind with some amount of security.
Long Term Care Insurance Should I Get This?
Planning is important, in order to assist you in eliminating a potentially devastating financial disaster. You want to live out the golden years of your retirement as stress free as possible. You may want to consider a long term care insurance plan.
Your Guide To Retirement Planning
In life, nothing is permanent in this world. Everything that comes will definitely go. That is why it is best to put our best foot forward and save more for the future. The best thing that you have to start with is to have a retirement plan.
Some wait to long before they decide to plan for their future. This is not a good idea because we can never tell what lies ahead. So, here’s how and when to start retirement planning:
1. The retirement year.
First, decide on what…
Retirement Planning For The Stay-AT-Home Mom
When you first plan on staying home with your children, probably the first thing you do is take a look and see if you can afford it. You cut back on cable TV, buy older cars, lose retirement benefits
Whoops! Most moms don’t seem to be thinking about what being a stay-at-home mom does for her retirement package. The years spent not working have a huge impact, however, when you decide to retire, so you need to plan now.
Let’s start by looking at what you’re losing for yo…
The Importance Of Planning Your Retirement And The Consequences Of Not!
Bob is a 65 year old graphic designer that is very financially secure. His colleagues, friends and family define him as a prosperous fly by the pants kind of guy. From as far back as he can remember, Bob has always hated planning and believes that his spontaneity and ability to think creatively while implementing new ideas has made him successful. For the past 30 years or so, Bob believes that his non-planning methodology has worked well for him. Well, Bob is now tired of…
Annuities Q&A: Understanding Types Of Annuities
What types of annuities are available?
There are basically two types of annuities fixed and variable.
A fixed annuity earns an assured interest rate in a definite period of time. If the period of times expires, there will be a new interest rate for the next period.
Variable annuities have more funding options than fixed annuities since their performance depends on the option of investment of the principal and return vary.
What is a tax-deferred annuity?
Tax-d…
Retirement Plans for Solo Entrepreneurs
Saving for retirement is even more important for solo-entrepreneurs because you dont have a company sponsored pension plan or matching 401K contributions to rely on. There are many retirement plans available to self employed individuals and small businesses. Which one is right for you?
Five Steps To A Richer Retirement
Youve probably heard about the Nebraska meatpackers who won the largest lottery jackpot in the United States last week. One winner replied Ive been retired for about four days now when asked what he would do with his winnings. His response did not surprise me; Im sure my reaction would be similar!
What does surprise me is that many Americans believe that they cannot retire comfortably unless they win the lottery. A survey by the Consumer Federation of America shows th…
10 Ways To Transition Yourself Into Retirement
Lets be completely honest. Everyone has their own dreams and expectations about retirement. Upon retirement, some folks plan to travel around the world while others simply plan to take excursions to their local beach. Whatever the retirement plan that you may have, being able to implement your goals takes a certain degree of financial security. The problem however is that financial security does not just happen but requires careful planning, commitment and yes, money.
To …