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 Investing on Mar 8th, 2010
A few years ago I opened a Roth IRA account with Vanguard because they are the best place for index fund guys like myself. I built my portfolio with some basics: S&P index fund (VFINX) International stuff (VGTSX) Mid cap stuff (VIMSX) Not a bad mix—maybe too much stock (100%, actually)—but I was young and [...]
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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 Finance, Investing on Dec 17th, 2009
Roth IRAs are awesome: I’ve been a huge fan ever since I first read about them and their unique benefits. You can contribute after tax money and allow it to compound tax free into the future. Not only that, you don’t have to start taking money out when you’re 70—you can let it compound even [...]
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