I’m a big fan of methods and orders of operations for doing things. I think that it is essential to have a set plan for executing tasks, especially long term tasks like saving for retirement. But what’s the best way to go about funding retirement? What is the proper order to save? Remember back in […]
Auto-escalation of 401(k) plans is the new trend in saving for retirement with more plans offering opt-out auto-escalation for employees.
You’ve heard the sayings from every personal finance pundit: max out your IRA each year and contribute to your 401(k) to the maximum. And all of these are great tips to some extent. But, depending on your personal goals, you could be saving too much for retirement. Yes, there is such a thing as saving […]
Last year, I created a guide to help you get out of your student loan debt. Because it was so successful, I thought I would something similar with starting to invest for retirement. With all of the different acronyms, strategies, and tools out there, how would anyone know where to start? In an effort to […]
You know the drill. If you want to save for retirement it’s best to start early, even if you can only contribute a small amount of money — that amount will add up over time (it’s the power of compound interest). You know this is true because you’re smart. Yet there’s something holding you back from […]
When I first started my personal finance blog Budget and the Beach, I felt pretty embarrassed and ashamed of the careless spending I had done in the past. I was also embarrassed by my money struggles after I was laid off from my full-time job of eight years and started freelancing — so much so […]
If you are a headline reader, then you probably have a good sense of what the stock market has been doing lately. It seems like not a day that goes by lately where we are reading about how stocks are supposedly at all-time highs. The Dow has hit 15,000 and stocks are posting, in general, […]