Saving for retirement is difficult. So is funding a child’s education. If you’re trying to do both, you’ve got your work cut out for you. So how can you approach this challenge? The best way to do it is to save what you can while keeping your options open. It would be great if you […]
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Investing Doesn’t Have to be Complicated
You’re on your own more than ever when it comes to retirement, and that means you have to manage your money wisely. But investing is a challenge, especially if you don’t have the time or desire to figure out all of the complexities. The good news? Investing doesn’t necessarily have to be complicated, and you […]
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What is the Retirement Age?
As you start to imagine your life without a day job, you may wonder what the retirement age is. The truth is that you can retire whenever you feel like it – the question is whether or not you can afford to retire at a particular age, given the resources available to you at that […]
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How to Plan for Retirement: Start at the End
The best way to plan for retirement is to start with the end in mind. Why? There are psychological reasons and practical reasons. First, the psychological: if you start with the big picture in mind, it will be easier to do the hard work that’s required to make your goal a reality. When you get […]
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Will Social Security Be There? Yes and No
Social Security is sure to change, and there’s no shortage of speculation about whether or not Social Security will be around for future generations. However, most people don’t understand the sneaky, subtle ways in which the system can be changed. Americans tend to talk about Social Security in terms of when it will run out […]
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Inflation Risk – Go Broke Slowly
Inflation risk refers to the problems that investors face when prices rise. In general, prices have tended to rise gradually and continually over time. For the most part, rising prices are barely noticeable – but the effects can be dramatic over long periods of time. Of course, there are also times when prices stay stagnant […]