Take A Smart Step
Shares

Category Archives for Retirement

women retirement plans

Women and Retirement Planning: What You Need to do Different than Men

Men and women are different.  I don’t think anyone would argue this, in fact many books have been written about these differences.    Since we are different should women invest differently for retirement

Continue reading
where to save money

Money Saving Quick Guide: Where to Put Your Money for Financial Goals

You have your financial goals set, you are ready to start building up your savings but you have one problem – you don’t know where to save your money.  Not to worry here is a quick guide on where

Continue reading
personal savings rate

1 Magic Number to Help You Reach Retirement: Personal Savings Rate

As a whole American’s have been saving less and less. Back in the 1980’s our savings rate was in the double digits, but each passing year it went lower and lower.  In October or 2001 it was a measly

Continue reading
Increase Your Retirement Savings

What is a Non-Deductible IRA: Are They Right for You

You just got a raise at work and paid off all your debt.  Now you can’t wait to start a new IRA in addition to maxing out your 401K.  Sadly you quickly learn that you don’t meet the requirements

Continue reading

Retirement Planning: Should Your 401K Match be Part of Your Savings Goal

  As you are setting up your retirement plan there are many decisions that need to be made that will end up impacting your net worth.  Deciding if you should count your companies 401K match as part

Continue reading
save for retirement

Saving for Retirement in a Broken Retirement System

Our retirement system is broken. The concept of retirement is new.  Up until the industrial revolution you worked until you died.  Pensions did not exist.  You saved, families supported multiple generations

Continue reading

Everything You Ever Wanted to Know About Solo 401k

As a business owner saving for retirement is even more confusing because you have more account options to choose from.  Yet this should be looked at as an advantage in getting the exact right account

Continue reading

What is a Fund of Funds

A fund of funds is a type of mutual fund that is made up of other mutual funds (and occasionally ETF’s).  Similar to a book that is a collection of poems.  You get a bunch of different poems in one

Continue reading

What is 401K Vesting

You just started a new job and one of the perks of the job is a 401k.  To make things even better your company also offers a match for your contributions.  Who doesn’t like “free” money for investing? Before

Continue reading

Target Date Funds and Your Retirement Money

Picking the right selection of mutual funds for your retirement plan can be an intimidating task.  The options seem to be endless and in a foreign language.  Then you spot it: the Target Date Fund for

Continue reading
1 2 3