Archive for the ‘Retirement’ Category

Rollover Your Retirement Plans - Don’t Touch the Money!

Monday, April 30th, 2007

The other day a buddy of mine was asking about what to do with his 401k - he had recently switched jobs and wanted to move all of his money from the old company's plan to the new company's plan. Simple enough. However, when he told me how he planned ...

Why the “10% Rule” is Actually a Good Thing

Saturday, April 28th, 2007

The other day I was reading an article by Walter Updegrave, Money Magazine's senior editor, in which he states that the "10% Rule" - the notion that you need to save 10% of your salary each year in order to have enough money when you retire - isn't a ...

Many Americans Not Saving For Retirement

Monday, April 16th, 2007

According to an article published on CNN.com nearly half of us working stiffs have saved less than $25,000 for retirement - with nearly 1/3rd of the work force having absolutely nothing stashed away. I know I'm a little late to the game on this article, but I think it's worth reiterating ...

90% of People Believe Personal Finance Should be Taught in School

Saturday, April 14th, 2007

Thanks to a recent poll on Saving Without A Budget, it appears that I'm not alone in the belief that personal finance should be incorporated into the core curriculum of America's schools. According to the poll, 89% of respondents stated that they believed that personal finance should be a required part ...

What to do With Your Tax Refund

Wednesday, April 11th, 2007

For a lot of us, tax season really isn't that bad thanks to the fact Uncle Sam is going to cut us a nice fat check for all of the taxes we overpaid throughout the year.  Whether it's $100 or $10,000, it's always nice to get that "unexpected" money. So, what ...