Tag: "IRA"

Is the Path to Retirement Just Pure Luck? (Part I)

No. Last month, Wells Fargo and Gallup released a poll on household investors’ opinions. Wells Fargo’s media release headline reads: “Low Rates Force One in Three Investors to Delay Retirement.” The Los Angeles Times reads, “Low Interest Rates are Hampering Retirement Plans.” Whenever I see these kinds of headlines, I like to get to heart […]

Don't Treat the I.R.S. Like a Savings Account

Picture this scenario: Suppose you are a habitual spendthrift and have great difficulty putting money aside for savings, so you ask a trusted friend to hold money for you. Each month for a year, you give this friend $200 a month, which you cannot b orrow against or ask to be returned to you until […]

Baby Boomers vs. Generation Y

The Insured Retirement Institute released a survey this week (described on the Wall Street Journal”s Smart Money blo Meditation Expert. g) about the state of baby boomer retirement. It is indeed a sad state, but nothing new to report. As previous surveys have indicated, they are simply not ready: 35 percent of 50 to 66 […]

Mixed Messages about Saving

I have usually never met a tax cut I didn’t like. But the House passed a bill Tuesday (yet to be voted on by the Senate) extending the reduction in the employee’s portion of the payroll tax (set to expire the end of December), which since 2010 has b een 4.2 percent instead of the […]

Will You Live Past 90?

The latest Census data show that more people are living to age 90, according to Healthday. In fact the 90-and-beyond crowd has tripled since 1980, to 1.9 million people today. Most are women (75 percent), and many live alone but are not necessarily independent and healthy. The average income for people aged 90 and older […]

Walk….Don’t Run When the Financial Markets Speak

One of the most important things to remember in an emergency is to remain calm. Panic tends to cloud a person’s rational thinking and judgment. In every situation, panic can create more problems than it solves. It does two things: 1) It causes us to misunderstand the ramifications of the problem we are trying to […]

Converting a Traditional IRA to a Roth IRA

Do you want to pay the piper now, or later? Currently, only households making less than $100,000 a year or spouses filing jointly can convert their traditional Individual Retirement Account (IRA) into a Roth IRA. But as noted in a recent those restrictions will be lifted in 2010, so that workers of any income level […]

Staying the Course

spyware for blackberry p>To gain muscle steroids readers who are having misgivings about the stock market, the bond market, your 401(k) or IRA accounts and retirement savings in general: Take a look at the new NCPA policy reportBeat Eczema – 3 Backend Offers 5% Provision Top Verkaufsrate Mit Beweis!'>Bewirb 1a Trading-ebook 75% Provision Top Verkaufsrate […]

A Retirement to Come Home To

It looks as if pensions aren’t going to be enough to secure a good retirement for most Americans. According to a study from the Employee Benefit Research Institute (EBRI), less than half of men (42.6 percent) and just over a quarter (27.9 percent) of women aged 65 and over received annuity or pension income in […]