It can be difficult to find the motivation to save more money. My husband, who has a Ph.D. in Psychology, says that most humans have a hard time accurately gauging the long-term impacts of their actions. When it comes to socking money away, this is an issue because the rewards are a long way off. […]
Many of us want to retire early. That early retirement age might be 35, 40, or 50, but the idea is to retire sometime before the age of 65 and start enjoying life — before age and infirmity catch up with you. The reality, though, is that the dream of early retirement will remain a […]
Most of us have a job where hard work is expected and necessary. We offer our knowledge and/or labor to the company we work for in order to get recognition, satisfaction and compensation in return. Although this is the way most people make money, the minute we stop working, the income stops. On the other […]
We all have a view of what retirement will look like: long days of fishing or golfing, relaxing on the front porch, enjoying grandchildren, spending time with friends. Unfortunately, simply being retired does not mean that problems suddenly disappear — least of all money problems. No matter how well you have planned and saved, you […]
Those of us steeped in the personal finance blogosphere find it incredible to think that there are those who have no knowledge of the Roth IRA. However, it is true that at one time I had no idea what the Roth IRA was — and I was probably about the same age as the college […]
You’ve heard the horror stories, and I bet you’ve even seen them for yourself. I’m talking about the grandparents and their friends who struggle with their bills and try to make ends meet during a time in their lives when they should be happy. You think to yourself that it’s not the life you want […]
