Retirement

Why A Lack Of Communication Is Detrimental To Marriage And Retirement Planning

Retirement Planning
Marriage And Retirement

When we think about saving up for our golden years, we often consider 401k contribution limits, Roth IRA tax benefits, and withdrawal rates. However, one major component of planning for one’s future is usually missing; most people fail to consider both marriage and retirement when thinking ahead. Marriage And Retirement Planning: The Need For Communication [...]

How Do You Define The Middle Class?

Personal Finance
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When I was growing up, people talked about three main economics groups within society. There were the rich (upper class), the poor (lower class), and everybody in between (middle class). Investopedia recently posted an article looking at 6 signs that you’ve made it to middle class. As I looked at some of the signs on [...]

This Week in Personal Finance – April 9, 2010

Personal Finance

It’s been a crazy couple of weeks around the R2 household and office!  There seems to be just a lot of stuff going on. I’m really looking forward to some rest this weekend! But, it’s another week in the books and it’s time for a quick tour.   This Week in Personal Finance takes a look at interesting [...]

IRA Withdrawal Rules – When Can You Withdraw Your IRA?

IRAs
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For some reason I get this question a lot, so I thought I’d provide a little clarification on IRA withdrawal rules. Individual Retirement Arrangements or IRAs were designed to provide an opportunity for folks to save for retirement on a pre-tax, tax-deferred basis.  In other words, the money grows without having to pay any taxes on [...]

This Week in Personal Finance – April 2, 2010

Personal Finance

Friday’s  here!  But Sunday’s coming!!  Welcome to the the Good Friday edition of TWIPF.   It’s a great day to reflect on what Jesus did 2,000 some years ago as His life of 33 years was about to be ended.  But He would soon conquer sin and death with his resurrection just three days later. [...]

5 Things Every Baby Boomer Must Know About Retirement Savings

401ks
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According to Wikipedia, Baby Boomers are those who are born between 1946-1964 – meaning they range in age from 46-64 years of age. Retirement is certainly on their minds and they are concerned about how much they need for retirement savings. As baby boomers approach the magical age, there are some pretty important things to [...]

This Week in Personal Finance – March 19, 2010

Personal Finance

It’s been a busy week, but a great week – we’re finally getting over our sicknesses at the R2 household!  It’s also a great week because the NCAA tournament begins!  I love March Madness - the games are always full of good sports drama and usually very exciting!  But, it’s another week in the books and it’s time for [...]