Category: Retirement Planning GuideHow to Avoid Internet Business Scams
Do you know why there are so many internet business scams?
Because they make money for the scammers. They send out millions of fraudulent e-mails and they know that a small percentage of the people who get them are going to respond. Times are tough right now. People are desperately [...]
401k Performance – 5 Tips To Turbo Charge It Now
Here are 5 ways to increase your 401k performance.
1. Wise Up
The first (and most important) way to increase your 401k performance is to know what the performance really is. Many people don’t. They just gauge performance by comparing the bottom line from one [...]
It’s easy to open an IRA.
But if you do so without taking certain preliminary steps, you might waste time and money and make a mess. Yuk.
Here’s a checklist you can use to make sure you avoid the land mines:
1. Determine how you’re going to invest.
Are you a buy and hold person or do you use more [...]
Do you need a QDRO attorney?
First, what is a QDRO?
It’s basically a document issued by the court that orders how retirement assets are to be divided between you and your (soon-to-be) former spouse.
A QDRO (Qualified Domestic Relations Order) used correctly can protect your share of IRA money (and other retirement assets) in case of divorce.
I [...]
Here’s a unique tip on how to sell a house fast and pay very little capital gains tax – no matter how bad the market is.
Let’s say you want to sell your home. You bought it several years ago and you have a lot of equity in the property. Your luck doesn’t stop [...]
Before you get an LTC(Long Term Care)insurance quote, you should know a few things.
At it’s most basic form, it’s a policy that pays you money if certain things happen to you physically. The insurance company doesn’t reimburse you for your medical costs like health insurance. It simply pays you a predetermined amount of [...]
Retirement Asset Allocation For Peace of Mind
You might be wondering what the right asset allocation is as you get closer to retirement. It’s the second most asked questions behind,”how much do I need to retire?”
The conventional wisdom is that as you get closer to retirement your portfolio should become more conservative. But are conservative investments [...]
It’s easy to calculate how much money you need to retire .
There is a bit of math involved but you don’t need to pay someone thousands of dollar to create a fancy financial plan that doesn’t make sense. Go through the following steps to do your own calculations:
1. Spending
You can’t possibly know how much you need [...]
If you’re looking for the best investments for retirement income, you’re not alone.
With interest rates so low, lots of folks are asking themselves the same question.
But as I see it, there are still some good alternatives:
1. A balanced portfolio
Remember, just because you are retired, doesn’t mean your investment time-horizon is short. You have to think [...]
There are a few IRA beneficiary rules you need to know that can save your family money and grief.
Even though the IRA beneficiary rules are simple, lots of people overlook them and pay dearly.
Don’t let that happen to you.
The first and most important rule is that your beneficiary form determines who gets your money when [...]
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