We all need an incentive to save. Dr. Robert Weagley from the University of Missouri's Office for Financial Success brilliantly charts the Future Value of Money. The moral of the story? Start saving. NOW. No matter where you're at. Then don't touch it. Review your monthly statements and watch your starting balance grow. Read the & see … Continue reading Put the Future Value of Money to work
Retirement Saving and Investing 101
By Michael Guillemette Saving and investing for retirement can seem very complicated, but following a few simple rules can make a significant difference in the long run: 1. Save early and often The earlier you start saving for retirement the less you will need to save. For example, if a 25 year-old wants to have … Continue reading Retirement Saving and Investing 101
Retiring Soon? Don’t Forget Tax Implications
Practical Money Matters Article: Retiring Soon? Don't Forget Tax Implications Did you factor in taxes when budgeting for your retirement? They can have a big impact on your cost of living. If your retirement is not far off, you've probably already started to estimate what your living expenses will be after the regular paychecks stop. … Continue reading Retiring Soon? Don’t Forget Tax Implications