Search

The article focuses on how a family with uneven income should take care of its personal finances. Topics discussed include prioritizing spendings by categorizing between wants and needs, taking help of an experienced tax preparer to use the annualized income installment method, saving for retirement.

The article discusses how much money the retiree may really need to retire, and suggests that the consumer may be better prepared than they think. Topics include suggestions on recalibrating personal savings, adding up personal health care costs in retirement such as long-term care insurance, assessing retirement income targets in replacing preretirement income, and calculating yearly withdrawals to prevent running out of money. It also mentions using a reverse mortgage for income and details on how retirement assets, such as pensions and annuities, are taxed by the government. INSETS: Consider the Tax Tab;Get Income From Your Home.

The article discusses retirement planning. A series of common challenges in personal finance to generating enough savings and investment for retirement income are examined including starting such savings too late in life, reluctance to invest in stocks and the need to also save to finance the higher education of one's children. Means of coping with each challenge are offered. INSET: REBOUNDING AFTER A CRISIS.

The article presents advice on retirement planning benchmarks for different ages. Topics include the importance of paying off debts for people in their 20s and 30s, maximizing employer pension plans, financial planning during the family years, Registered Retirement Savings Plans (RRSP) in Canada, and savings plans for people in their pre-retirement years.

The article presents financial advice that is applicable for each decade of employment through to retirement, from one's 20s through one's 60s. At an early stage of life, it is important to live within one's means and budget accordingly while vigilantly paying down debt. In one's 40s and 50s, focus should be on retirement accounts and proper insurance policies. From the age of 60 onward, one should be careful to protect any accumulation and implement an estate plan.

The article recommends several resources that will help in searching information to prepare for the retirement years in the U.S. It discusses the benefits of using online retirement calculators in planning a retirement savings goal. The resource 360 Degrees of Financial Literacy offered by the American Institute of Certified Public Accountants helps people understand their personal finances and create money management skills. Some of the organizations that offer guidelines include the Center for Retirement Research, National Institute on Retirement Security (NIRS) and Pension Rights Center.

The article offers several suggestions for employees regarding their retirement planning. It is recommended that employees interview several financial planners about how they would manage their money before choosing one. A potential retiree should also approach retirement on cash-flow analysis to determine what their lifestyle costs them.

Se presentan consejos para construir un patrimonio personal. Se recomienda que las personas interesadas en crear un patrimonio evalúen su capacidad de ahorrar mediante la comparación de sus ingresos con sus egresos, que establezcan objetivos de inversión y que consideren los créditos como instrumentos que facilitan la inversión. Se destaca que la edad es un factor esencial en la acumulación de los patrimonios.

The article discusses the retirement planning goals of lawyers in the U.S. It presents insights to help lawyers build retirement financial security and focus on the important remedies to maximize retirement wealth. It highlights the need for lawyers to collect and assess the materials they have to work with before building a retirement plan. It cites the tools for establishing retirement financial security such as net worth statement and monthly budget.

The article focuses on family financing. Particular attention is given to how families can afford to pay for a home, car, and college fund, as well as how to manage debts and a retirement plan. Information on how much insurance is needed for a family is also provided. The article offers additional information on the journal's Web site, and presents a brief description of the site's contents and address.

The article presents pieces of advice related to retirement planning. It is important to determine the amount of money needed to maintain one's lifestyle in retirement. The author states that planning early may have an advantage if a person works for an employer that not only offers a 401(k) but also provides a company pension.

The article offers a look at low- and no-cost financial planning services. Brokerage firms, banks, insurers, and mutual fund companies are looking to serve baby boomers who are planning for retirement. The services provide investment advice. Vanguard and T. Rowe Price offer advice on specific investments. INSET: HOW TO AVOID PLANNER RIP-OFFS AND FIND A TRUSTWORTHY ADVISER.

This article offers advice on retirement planning. One must start planning for his retirement at an early age. Create a budget plan to set parameters on spending. It is important to save some money and limit the use of credit card. Bad spending habits must be eliminated. An opportunity fund must be established and maintained.

Offers tips on managing financial plans. Suggested contribution value for retirement savings; Benefits of using alternative minimum tax; Importance of asset allocation.

Focuses on retirement planning for investors. Probability that there will be a stock market rebound following two bad years; Contributions to retirement plans, which may benefit from reduced stock prices; Investment strategies of several couples, individuals and retirees; How to reduce the need for retirement income; Negative impact of cessation of taxes on corporate dividends on retirement accounts; Value of retirement planning.

The author gives advice on how to plan for retirement and suggests tools for calculating how much money a person will need in order to retire. Online retirement calculators offer quick and easy estimates on how much to save for retirement each month. However, investors should also consider their own personal plans, which cannot be calculated on a simple Internet calculator.

Offers a look at United States citizens who retire in other countries. Abundance of inexpensive real estate in countries like Costa Rica, Panama and Belize; Cost and standard of living for U.S. expatriates; Report that many countries have special visas and tax breaks for Americans who can prove the will live on retirement benefits or imported income; Prices for houses on ocean front property; Report that expatriates still have to pay federal income taxes in the United States.

Discusses how some Americans are tapping into their retirement funds, either by borrowing or making a permanent withdrawal. Reasons; Costs of such a decision, including federal and state taxes and an early withdrawal penalty; How a growing number of employers allow workers to borrow from their accounts; Risks; Alternatives, including home equity loans; Short-term loans from Roth IRAs; Saving and retirement.

The article discusses the financial advantages of working past retirement age. Additional working years give retirement savings more time to compound, and allow one to continue receiving company benefits including matching contributions to 401(k) plans and employer-sponsored health insurance. Information is also presented about finding a new job after age 50. INSET: Does Age Work Against You?.

The article presents advice on selecting a financial planner. Commentary is presented on reasons for hiring one, how much a planner's services cost, how to find the right planner, and questions to ask before making a commitment. It is noted that saving for retirement and reducing financial anxiety are among reasons why one might choose to engage a planner.

The article discusses a variety of issues relevant to college graduates about managing their paycheck, repaying student loans and other financial management issues. The author notes that parents play a role in guiding their children in looking for a job and managing their financial bearings. He cites that by keeping student-loan payments manageable, young adults can free up cash to pay off more-expensive debt. The article explains the significance of investing and retirement planning. INSET: Tax Breaks for 20-Somethings.

The article presents information on target-date funds. These funds simplify long-term investing. Choose the year you wish to retire, then pick the fund with the date closest to your target. As the fund approaches the target date, it becomes more conservative, lowering the percentage of assets in stocks in favor of more bonds and cash. Money in target-date funds has grown like kudzu since their introduction around the beginning of this decade from $12.3 billion in 2001 to $168 billion at last word. INSET: HOW TO PICK A TARGET FUND.

The article provides simple steps to save for retirement, steps most Canadians do not follow. Among them: make a financial plan and stick to it, pay off your debt, save a portion of your paycheck automatically, make the maximum contribution to your registered retirement savings plan, and diversify your holdings.

Calls for employees to evaluate their health care choices and raise their retirement contributions during the open season for employee benefits. Increases in health insurance premiums faced by U.S. employees in 2005; Benefits from the consumer-driven plans offered by some companies; Ways to control personal finances.

The article discusses successful financial management amongst married couples. A study is discussed that found that couples who divide tasks, such as financial investments and day-to-day bill paying, do better in the long term. The divide-and-conquer method, as the article terms this approach, leads to more savings and a better financial plan for the surviving spouse. The article asks three questions which point to the importance of each person staying involved with their finances.

Offers advice for retirement planning. Suggestion that individuals set up 401(k) accounts; Report that these accounts let people shelter more tax-deferred money at lower salaries; Report that 401(k) accounts allow self-employed workers to borrow from their own retirement fund.

Offers financial advice for people planning their retirement on how to invest and withdraw money. Rejection of all-bond portfolios and all-stock investments; Suggestion that people arrange their portfolios with 60 percent invested in U.S. and international stocks and 40 percent in five-year tax-free municipal bonds; Presentation of three money withdrawal strategies; Statement that managing money in retirement is problematic.

Recommends methods for effective financial planning for retirement. Availability of pre-designed mutual fund portfolios designed to develop according to the investor's age and targeted retirement year; Differences between life-cycle funds and static asset allocation funds; Tailoring of life-cycle funds according to the investor's age, health, tolerance for risk, outside sources of income, and other factors; Recommendations for choosing a life-cycle fund.

Discusses retirement savings. Difficulty in figuring out how long retirement money will last; Fidelity's new Retirement Income Advantage program, which lets clients plan safe, tax-efficient withdrawals.

Profiles personal-finance writer Ben Stein and the upcoming release of his new book 'How to Ruin Your Financial Life.' How the book includes advice on buying stocks and how to plan for retirement; Role of Stein on the television program 'Win Ben Stein's Money.'

Presents tips on how to manage your 401(k) retirement plan, and explains how recent changes in legislation and product offerings could influence your choices. Reasons why 401(k)s are starting to look more attractive; Observation that lower taxes on capital gains and dividends make tax-deferred retirement plans somewhat less valuable by comparison; Examples of firms like Morningstar and Financial Engines that will create a balanced portfolio for your 401(k) at a relatively low cost; Explanation of how a plan offered by Vanguard Investments works; List of the characteristics of a good plan, including the number of mutual fund choices and fees; Advice to be aware of employer contributions.

The article presents the results of the 2008 Electronic Design Salary and Opinion Survey in the U.S. The survey was conducted to take a comprehensive overview on how compensation changes in various parameters including company size, job functions, geographic condition, sex, gender and educational level. More than 300 respondents answered the questions about retirement planning, expected age to retire, financial planning and retirement sources of income. It also discusses the different compensation schemes offered by various employers.

The article discusses the things that one can do to have a more secured retirement. It mentions that one should plan for tax changes or to change their places as some states charge higher taxes compared with the others thereby affording would-be retirees to save more. It recommends that it would-be better for a would-be retiree to have a proper mix of assets.

The article offers tips for legal professionals on how to earn reasonable wealth and enjoy a lifelong career in the U.S. It suggests that rewarding themselves for the accomplishments they have as legal experts and budgeting their salary by planning what their money will be used on. Moreover, it recommends that they should not live their life on loan, but rather focus on paying off their debt. Lastly, it advises that they should start making contributions to their retirement account earlier in their professional career.

The article presents the advice given by certified financial planner Pierre Dunagan of the Dunagan Group to the Knox family, a blended family of six children ranging in age from 4 to 20 years old, headed by Marcel and his wife, Judith. Dunagan emphasizes the importance of preparing or saving for retirement. It details how the Knox family can step up the timetable for home purchase. Dunagan also stresses that the Knoxes should each purchase term life insurance for at least $500,000.

The article describes the financial problem being faced by newlyweds Latoya and David Griffin and offers an advice on managing their credit card debt. They spent $11,000 for their dream wedding in August 2007 and are trying to pay their heavy debt load. Walt Clark of Clark Capital Financial advises the couple to pay down wedding costs, build an emergency fund, and focus on retirement.

The article offers guidelines on retirement planning for lawyers. Ideally, 15 years before retirement is the time to start getting aggressive about planning. Lawyers are advised to increase 401(k) contributions as much as possible, reduce debt, take Social Security as soon as they are eligible, take into account potentially substantial expenses and inflation and purchase long-term health care insurance. Reducing estate tax liabilities by separating assets between spouses and funding future bequests immediately before retirement are also suggested.

The article offers guidelines for saving money for retirement. The author recommended determining how much money one will be needing to retire. The next step is to figure out how to acquire this amount of money. The author suggested selecting the right investments such as index funds or mutual funds that track the largest companies in the U.S.