4 Steps on Saving for Retirement & Why You Should Start Early
It’s safe to assume that most people will agree that having a good amount of savings before you retire is something that’s really important. Once you stop working, even if you do get a pension, having a nice cushion of money to pay your bills, move, go on vacation, or spoil your grand kids with will be really nice!
In fact, a study conducted in December of 2019, showed that almost half of all Americans made the resolution to save more money in 2020. It ranked just as much in importance as getting a lot more exercise, eating healthier and losing weight.
There are certain professions where it pays to have insider information. The truth is that professional financial advisors put saving for retirement as a top priority.
Financial professionals have witnessed over and over the effects of not having ample security in the golden years. Retirees often find they do not have enough money saved or enough emergency savings account money saved to allow them to live the way they have always dreamed.
5 Ways to Head Off Taxmageddon & Save Your Home Budget
One of the new buzzwords, “fiscal cliff”, has generated yet another buzzword, and this one is called “taxmageddon”. We’re not too sure who thinks these words up, but they all refer to and describe the consequences that will occur if the Bush era tax cuts that will expire on December 31, 2012, are not extended. This could have an adverse effect on your home budget.
Many economists and tax experts are saying that if Congress and the President don’t act, all Americans can expect to see a rise in their tax bill in 2013. Thus far, from where I sit, Congress and the President have been “acting”, just not in a very responsible way. Each has their own View full post…
Posted: December 15, 2012 Under: Budgeting By: Gust Lenglet
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