Articles Tagged ‘IRA and Roth IRA’

Retirement Considerations in the Current Economic Environment
Friday, February 6th, 2009

Just when you thought you could finally retire, stocks take a nose dive and you may have lost much of your retirement savings. What do you do?

Individuals, especially baby boomers, who had chosen to defer retirement for a few years are now forced to work even longer. Conversely, those who have retired in the last two years are faced with an even greater challenge.

Here is one woman's account of how retiring early affected her. "As one who retired two years ago at age 57, I have seen my 401K plummet 30% or more. ...

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5 Retirement Mistakes to Avoid
Friday, February 6th, 2009

It really doesn’t take much to derail a retirement plan. Many of the errors in planning for retirement are those of neglect, omission or panic. If you don’t know exactly where your retirement plan stands, get some advice to review your overall retirement options and give you some ideas where to start.

Here are five common mistakes people make:

1) Failing to start: It’s amazing how many people find excuses never to start retirement savings. No matter how daunting debt or other spending priorities seem, you have to save for retirement on a regular basis, even if it’s only a cursory...

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