Posted in retirement on Jan 19th, 2012
There are some standard rules and recommendations when it comes to preparing for retirement. Things like: Start saving as much as you can as early as you can Contribute to your company’s 401(k), at least to the match (it’s free money!) Open a Roth IRA for added withdrawal flexibility when you retire Calculate the nest [...]
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Posted in Happiness, retirement on Dec 21st, 2009
It’s the end of the year and that means a lot of you will be getting bonuses. If you’re ultra responsible and personal-finance savvy, you will no doubt take a nice chunk of that bonus and drop it into a retirement account like a Roth IRA or a 401(k) (see the difference between the two [...]
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Posted in 401(k), Investing on Dec 10th, 2009
Robert Kiyosaki is at it again. In his latest article, he calls the 401(k) the biggest scam ever. I’ve written about 401(k)s, so I know a thing or two about them and I have to say that RK is talking out of his ass again. Kiyosaki thinks the world is about to end, and it’s [...]
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Posted in 401(k), Finance, Investing, Tips on Jan 20th, 2009
Trent had a reader ask him a question that got me thinking quite a bit the other day. Basically, Wayward wants to know if it’s OK to stop contributing to his 401(k) and if he should put the money he was previously putting into it into a different account. The problem? His company, as are [...]
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