For many people, the thought of retirement is purely a dream. You see the articles and headlines telling you that you need millions in savings.
Then you look at your savings and wonder how you will ever get there. Frustrated, you give up without even trying.
After all, you are barely saving anything now, so finding a way to start saving a meaningful amount of money for retirement feels impossible.
But is it? While saving for retirement and realizing your dreams isn’t easy, the overall process is simple.
And if you can stick with it, over the long term, you will see results.
This category will show you the simple steps you need to take to make retiring a reality. And who knows, you may even be able to retire early!
The majority of people in the workforce have a 401k plan in place. These are the most common type of retirement savings account for employees; most medium to large companies offer them to their workers. A 401k is one of the best ways to fund your retirement years but many people make serious mistakes when …
5 Easy Steps For Making The Most Of Your 401k Plan Read More >>
Every day, individuals experience a financial set back that costs them hundreds to thousands of dollars. Whether it is an unexpected medical emergency, a substantial home repair, or an abrupt loss of income, emergencies of the financial kind take a toll. While it is impossible to know what is coming in the future, it is …
Budgeting is planning for the best and the worst. It’s what enables you to start accumulating wealth in a meaningful way. It’s what helps you move from living paycheck to paycheck to a life of relative ease and comfort. A budget is a plan to take every cent that comes into your life, and channel …
When you reach the age of retirement and you are no longer able to work and earn an income, you have the option of either enjoying your pension in relaxation, or depending on a personal loan if you don’t have access to a pension or have not saved enough money for retirement. If you are …
It seems like you’ll be punching a clock forever, right? Well, one day, you’ll likely stop spending 9 to 5 at a desk and will enjoy your golden years in retirement. But that’s assuming everything plays out nicely and you have enough money set aside to do so. Stressful, right? Well, according to a 2016 …
50 Things Millennials Can Do Now So They Can Retire At 65 Read More >>
This is a guest post from Pauline of InvestmentZen.com If there is one thing that all millennials want, that is to have a secure future. But what are they doing to prepare for it? Studies show not a lot. The surprising truth is that millennials are spending less on investments than their counterparts. Let’s be …
How To Jumpstart Your Financial Future: A Guide For Millennials Read More >>
Retirement can be a polarizing thought for millions of Americans. On one hand, it represents the freedom to sleep late, travel, enjoy time with family and basically choose how to spend your time. On the other, it poses the ever-so-important question, “How will I pay for it?” If this is how you’re feeling, you aren’t alone …
This post is from Xyz who writes over at Our Financial Path. He and his wife are aiming to reach financial independence and retire early in less than 10 years. They write about their travel adventures, their investments, budgeting, and their views about life over at ourfinancialpath.com. Being free is a big word. So big …
A comfortable and early retirement is the Holy Grail for all of those ready to leave behind the toil of the work world. However, there are many factors to take into consideration before heading into your boss’s office and announcing your imminent departure. Getting your finances in order before taking the leap is essential, and …
You don’t need a financial adviser to make some easy changes to your finances that can make a huge difference to you and your family. In this post, we walk you through 6 tips that will start paying off big time with little effort. Sounds too good to be true? Not in the least. These …
Suffering from a chronic illness is debilitating in more ways than the toll that it takes on your health, as it can restrict your ability to earn money and even feel like it is sapping you of your self-esteem too. If you are unfortunate enough to have been diagnosed with a condition like asbestosis for …
Funding A Chronic Illness: Sources of Income For Those Who Must Stay Home Read More >>
An easy and carefree life during retirement is something everyone wishes and hopes to achieve after years of working hard. We all have different standards of what “comfort” means – for some, it might involve luxuries like new cars, and for others, it’s all about being able to travel and see more of the world. …
