A reader was thinking about her retirement income planning and needed to decide between contributing to a 403b versus an IRA. First, what is a 403b? These are retirement accounts available to certain employees. Basically, if you work for an educational institution, civil government or certain nonprofit organizations, your employer probably offers a 403b […]
Archives for June 2010
Smart Retirement Income Planning When the Market Is Terrible
When the market is rough and interest rates are low, retirement income planning can seem all but impossible. At such a point, it’s easy to actually slip into a depression. I’ve seen it before. But I’ve assembled a list of ideas that just might turn your retirement nightmares into very sweet dreams: 1. Check Your […]
Mortgages for the Self-Employed – The Easy Way
Mortgages for self-employed people. Those words don’t normally work together well. But if you work for yourself, the following will give you just the edge you need. Background Consumers have been much more trustworthy than financial institutions lately, but the banks still have the money. If you’re self-employed and you want a mortgage, you’re […]
How to Sell Your Home Yourself in 30 Days for $3,000 (or Less)
You can sell your home yourself and save a ton of money. In fact, in today’s marketplace, this might be the only way to get it sold in a reasonable amount of time. Many people feel that have to stay in their home or rent it out and accept landlord liability and headaches. Neither is […]
Best Retirement Plans for Self-Employed People
If you are self-employed you can open a variety of retirement plans. But which is best? I received an e-mail from Linda. She loves being self-employed, but she has a good question: I’ve been wondering about restrictions on multiple retirement accounts. I’m young and I max out my Roth IRA every year. I’m self-employed and […]
Should You Be Selling Mutual Funds Now?
When does it make sense to be selling mutual funds? I dislike market drops as much as the next red-blooded capitalist. And maybe you should flush your fund…but if so, make sure you do for the right reason. And the right reasons are a byproduct of your mutual fund evaluation process. Here are some good […]