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....
When the financial crisis in 2008 ravaged retirement accounts far and wide, I had friends who realized exiting the workforce was no longer in the cards so they delayed it for a while longer.They still had adequate savings, but they felt waiting was the right...
An eye opening Forbes Magazine article definitely put some fear into American’s looking to retire in the next several years. The basis of the article stated that a large part of the population will struggle financially during their retirement. Citing...
As a blogger who focuses on investing in retirement, I’ve always got my eyes on ways to save money as we get older. One often overlooked topic is that of Auto Insurance for Seniors. Today I’m going to talk about that in great detail, hoping that some of...
The electronic cigarette industry is undoubtedly one of the fastest growing industries globally. Barely a decade since its introduction to the market, the industry has already achieved global popularity and might hit the $59 billion worth mark in less than 10 years...
I’m all for alternative investments and diversification when it comes to long-term investing. Today I’m going to speak about how you can use your IRA to buy real estate. How IRA Real Estate Investing WorksI started this blog when I converted my SEP IRA plan...
