Planning for Retirement
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Many people just starting out in the workforce might not be thinking about retirement planning just yet, however, the earlier you start planning and saving for retirement the better off you will be. Even if you start out putting only a few dollars a week into an IRA or 401k it can still make a [...]
Planning for Retirement
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Retirement accounts have been struck particularly hard in the last few decades. First you had the boom of the tech era followed by the crash that started after September 11th. As stocks were bottoming out, people took the money out of stocks and instead started investing it in real estate. Now real estate and stocks [...]
Exploring Individual Retirement Accounts
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1. Who can contribute? IRAs are a great way to save towards retirement. Taxpayers younger than 70 1/2 on December 31st are eligible to contribute to an IRA. 2. How much can I contribute? If you do not have a retirement plan with your employer, you can put $5,000 a year in an IRA ($6,000 [...]
Investing for Retirement – Real Estate
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Real estate prices are falling, stock prices are falling, so where can I put my money? While few people have money to play with these days, it doesn’t take a lot now to have some nice savings later. Yes, market prices are dropping. While this isn’t a great market for people trying to sell, it [...]