Key Retirement Birthdays: Almost 60
At 59½ you can finally get at those dollars you have been stashing away for years in your retirement plans without paying a 10% penalty.
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At 59½ you can finally get at those dollars you have been stashing away for years in your retirement plans without paying a 10% penalty.
Age 55 seems to be a magical number. It's the elusive goal for retiring early!
Many birthdays are key to successful retirement planning. We'll spend the week looking at the ones I think are key to your success.
College is expensive. And many wonder if it is worth the cost. I believe it is!
Colleges post the cost of tuition, room and board and the miscellaneous fees but these are not the only expenses you will need to plan for.
I don't have a definitive answer! But I believe that kids should be responsible for some of the cost of college.
The first step in finding financial aid for college is to get the FAFSA (Free Application for Federal Student Aid) form done.
Next Sunday is Massachusetts College Goal Sunday. This program provides free information and assistance to Massachusetts families applying for financial aid.
Mutual fund companies send out annual statements the end of January. Take the time to review them.
The number one reason to sell is when your goals or objectives are met and you need the dollars to pay for the goal.
You will want to learn how to compare your mutual fund to a standard so you can tell how well your fund is doing compared to other similar mutual funds.
There are thousands of mutual funds to choose from and you will need a disciplined process to whittle down the number to something that is manageable.
Let's start the New Year with a look at your portfolio.
According to Fidelity's annual Financial Resolutions Study about 20% of those making financial resolutions are serious about paying off debt.
Saving more money always makes the top ten for resolutions.
