With more than one retirement account option it can be hard to know which account would be best for you. If you are setting up your first or fifth retirement account it can be hard to know which is best for you. The main types of retirement accounts are Traditional IRA, Roth IRA, 401K plans, […]
Tag: financial economics
How Much Money Should You Have in Your Retirement Accounts?
Saving for retirement can seem so frustrating and out of your hands. There are so many things you can do to make sure you are involved with your own retirement. You can even invest your retirement how you want with a self-directed account. Self-directed accounts can be IRA or 401Ks. What is great about a […]
Women Save Less For Retirement
Women are saving less than men for retirement. Does that shock anyone? It doesn’t shock me. I figure that because women typically make less than men they naturally would save less for retirement. First they aren’t just saving less than men, but considerably less. On average women are saving $34,000 while men are saving $70,000. […]
MAKE SELF-DIRECTING YOUR NEW YEAR’S RESOLUTION
You don’t have to start your resolution on January 1st, but you should start your resolution with the intent of following thorough. According to StatisticBrain.com, 34% of people make money related resolutions. How many times have you thought about taking control of your financial future? About having more money in your retirement? Well, the beginning […]
Is a Gold Backed IRA Right for You?
An IRA is a great retirement account for anyone looking to grow their retirement nest egg over the span of your career. It makes saving even more advantageous because of the tax advantages that come with an IRA. There are different types of IRAs including: Traditional, Roth, SEP, and Simple accounts. Each one of these […]