A gold IRA account is an increasingly popular form of retirement savings for those seeking an alternative to traditional retirement savings accounts. This type of account allows investors to store physical gold or other precious metals in a tax-sheltered IRA account, providing them with the potential to build a more robust portfolio and protect their …
How to Open a Gold IRA Account Tax and Penalty Free Read More »
Having enough money saved up to allow you to not only afford early retirement but also cover all your monthly expenses is a dream everyone shares. However, the risk of having a huge chunk of your retirement savings eroded away by rising inflation and interest rates is a very real one. Unless you start making …
How To Beat Inflation in Retirement | 10 Ideas for Investors To Try Read More »
Saving for retirement is something that every person needs to start thinking about at some point. Around 39% of adults that are saving will start doing so in their 20s, with a quarter beginning in their 30s. At that point, they weigh their options: should they simply put the money aside in a savings account, …
I always read articles that tout retirement destinations with extreme caution, mainly because many of them are influenced by advertising dollars and are perhaps selling real estate on subsequent pages. However, this Business Insider article was told from the perspective of people who are already living in what they consider the 10 best places to …
Do you love buying books? Are you the type to stop at every bookstore in your path? Do you always buy at least one new book whenever you’re in a bookstore? It’s no secret to your family and friends that you’re a book fanatic. In fact, they enable your collecting habit by buying you books …
Where to Donate Used Books – 10 Options to Consider Read More »
Not that long ago, I met a guy who just decided that it was time to get started in the real estate game. He decided to become a real estate agent. But he didn’t end his education there. In fact, he decided to learn all he could about renovations too. This led to him flipping …
If you are looking to use your ROTH IRA as a retirement vehicle, but don’t have a huge balance, this post is for you! A Roth IRA, can be a powerful vehicle to not only accumulate property, but also do it in a manner that saves you money in the long term with the IRS. Some …
I like people who think ahead. In the case of Tori Dunlap, who wrote this article for Forbes, she’s thinking very far ahead. I was intrigued by her contribution and ability to forward think enough that I thought I’d come and share what she’s doing in today’s update. 24 Year Old Dishes Tips on Saving …
When it comes to places to retire, it seems like most Americans (especially those from the Midwest and the Northeast) make their way down to warmer climates in the south like Florida and Arizona where they can spend their days golfing and not having to worry about shoveling snow anymore. While the southern states of …
Basically, if you’re looking for the type of retirement plan that you can fund using money that you’ve already paid taxes on, then you’d want to set up a nondeductible IRA. With a traditional IRA, you have the ability to use your income tax to deduct contributions. This is not the case with a nondeductible …
