Beginning January 1, 2010, all U.S. citizens will be eligible to roll traditional individual Retirement Accounts into Roth individual Retirement Accounts. Converting to Roth IRAs is currently only available to taxpayers with modified gross-adjusted incomes under $100,000.
This is a great article on retirement planning at any age from Newsday.com. Never too late — or early — for retirement planning By: Gary Dymiski Confused about pumping money into a retirement plan? How much? Equities or bonds? Regardless of age, successful retirement investing can be accomplished by considering a few critical factors, especially […] ↓ Read the rest of this entry…
As the economy goes through drastic change, so will you. Investing will not be as easy and straightforward as it has in the past. You, the investor, will have to pay more attention to the upswings and downswings of the economy. Buy low, sell high.
The answer, then, to finding a comfort level in retirement for many people is saving solidly for retirement and probably cutting back on some things in retirement.
If you’re looking to retire, there’s no doubt you’ve sat down to crunch the numbers. How can you afford what you’ve spent decades dreaming up as your golden retirement years? Will the day you finally step away from the daily grind be all that you’ve hoped for? Dreaming is one thing, but preparing for that […] ↓ Read the rest of this entry…
Many baby boomers — and some of us on either side of that category — want to keep our homes but feel like we need a new environment that better suits our changing lifestyle. Although the retirement years can be challenging, they can also be the most freeing and productive without the limitations or responsibilities of jobs and children. Making the most of your space and making it safe and convenient can take a little thought but reap real rewards. Here are some of the areas you need to reconsider:
An interesting article from CNN Money focused on the current economy and the issue of 401K loss. The question at hand is: How can you get back what you’ve lost?
Workers nearing the end of their careers face complex issues in planning for retirement. Two of the biggest decisions are how much to plan to spend in retirement and how to maximize income through retirement programs, including Social Security.
For the third year, the Where to Retire magazine has chosen the cozy island town as one of “America’s 100 Best Master-Planned Communities.”
