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Which Retirement Account Is Right For Me?

Unless you’re new to the personal finance scene, you probably already know that you should be socking away a good deal of money into one of those handy-dandy retirement accounts to prepare for your future. This is especially true for the t … [Read more...]

Should You Borrow Money to Invest for Retirement?

Two Yale Professors want you to borrow money to invest in the stock market. Economists Ian Ayres and Barry Nalebuff first pitched the idea in a 2005 Forbes column called Mortgage Your Retirement. Their philosophy is this: Young people should take … [Read more...]

How to Start Saving For Retirement

Perhaps you heard it from your parents, some guy you know who "really has it together" or maybe you've read it on a blog like this one. Regardless of where you got the advice: You know that it's never too early to start saving for retirement. That … [Read more...]

Should You Save First for Retirement or a Down Payment on a House?

Last week, a long-time reader e-mailed a superb question: If you must choose, should you save first for retirement or save for a down payment on your first home? Obviously, both are important. The younger you are when you start contributing to a … [Read more...]

Four Common Investing Mistakes

Savvy investors know that a single mistake can wipe out months—even years—of solid returns. And beginning investors often make their share of the same four common blunders. In fact, tactics for identifying and avoiding these investing missteps are amo … [Read more...]

Roth IRA Conversion

If you want to get the most bang for your retirement-buck, it's time to read up on an popular but confusing tax-saving tactic, the Roth IRA conversion. A Roth IRA conversion allows you to pay income taxes on money you have invested tax-free in a … [Read more...]

What To Do If Your Employer Doesn’t Offer a 401(k) Plan

About 75 percent of Americans have done at least a little saving for retirement. Yet only 55 percent of full-time employees in America contribute to an employer-sponsored 401(k) or 403(b) retirement plan, according to reports by the Employee Research … [Read more...]

Open Your First IRA

There are a lot of reasons to open an individual retirement account (IRA). If your employer doesn’t offer a retirement plan, offers lousy investment choices, you’ve maxed out your 401(k), or simply want greater control over your retirement sav … [Read more...]

23 Things Beginners Absolutely Must Know About Saving for Retirement

Whether you're just starting your first "real job" or have been in the workplace for a few years but haven't gotten around to saving for retirement yet, listen up: it's never too early to start building a nest egg. Statistically, young workers are … [Read more...]

How Much Should Be in Your 401(k) at 30?

What should your contribute to your 401(k)? How much should you have invested for retirement at 30, 40, 50, etc? These are good questions. Here, I try to answer them, but I should warn you: Personal finance is PERSONAL! The more you can c … [Read more...]