Financial experts recommend setting aside money that will cater to your needs when you retire. Among the recommended money-saving solutions is Roth Individual Retirement Accounts (IRA’s); is it right for you. If you anticipate higher taxes after retirement, Roth IRA’s are a counter-effective approach to saving money. Perhaps one interesting feature about Roth IRA’s is that … [Read more...] about Is a Roth IRA Right For You?
You work hard at your job to pay your bills and afford a comfortable lifestyle — but that lifestyle won’t last forever if you aren’t saving for retirement. Eventually, you will either not relish the task of clocking into work every day, or you will be physically (or mentally) unable to maintain employment. When that happens, you need to have a hefty chunk of savings to keep you … [Read more...] about 7 Bad Reasons You Aren’t Saving for Retirement
When it comes to investing for retirement, there are many different options available— stocks and mutual funds, to name a few. However, market uncertainty has encouraged many investors to broaden their horizons and look at alternative investments in recent years. Gold IRAs are a fantastic alternative to stocks, bonds, and mutual funds. Here are some compelling benefits by … [Read more...] about Why Should You Get a Gold IRA?
For high net-worth individuals (HNWIs), everything must be in order and plans must be in place so that there is a clear strategy for all finances. However, passing on wealth is something that requires some key considerations. Changes to demographics, along with social and economic developments, means there are external as well as internal challenges to consider. In order to … [Read more...] about Passing on Wealth: Understanding the Key Concerns Facing HNWIs
If I were to ask you which age group has the highest self-employment rate in the United States, what would your guess be? You might be surprised that it’s the 65+ age group. “Self-Employment in the U.S., the self-employment rate among workers 65 and older (who don’t incorporate) is the highest of any age group in America: 15.5%.”U.S. Bureau of Statistics What could be … [Read more...] about Thinking About Starting a Business in Retirement?