How To Open A Roth IRA In Under 30 Minutes

How to Open a Roth IRA in Under 30 Minutes

You need to do this today. Single moms – women in general, actually – are waaayyyyyy behind when it comes to retirement savings. We all have plenty of reasons for this… but when we’re 80 and out of money, those reasons won’t matter at all. So today we are going to take 30 minutes to open up Roth IRA accounts. We’re focusing on Roth IRAs specifically because you always have free and complete access to the money you put in. This takes a huge barrier out of the way of retirement savings: This money is not locked up, and you…

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How To Design Your Retirement Portfolio At Any Age

How to Design Your Retirement Portfolio at Any Age

Please Note: This article contains affiliate links. If you click on those links, I may receive compensation.   What are the best investments for your retirement portfolio? That depends mainly on how much time you have until you want to retire – your time horizon. That’s the number one factor ruling your investment strategy. When you have plenty of time until retirement, you can shoulder a ton of risk for the chance enormous rewards. As your time horizon shrinks, you’ll start shifting gradually from aggressive growth toward income preservation. Before you start making investment choices, you’ll need to get comfortable with…

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Stretch Out Your Cash With My 3-D Plan: Ditch, Delay, Decrease

Stretch Out Your Cash with My 3-D Plan: Ditch, Delay, Decrease

If the Covid-19 crisis has you worried about money – and, honestly, I don’t know anyone (including me) who’s not – you can take some practical steps right now to preserve your cash. Most of the standard personal financial advice just doesn’t apply right now. All that matters in a time of extreme uncertainty is your cash flow. More cash means more options. So this is a time to do everything you can to hold on to cash. The truth is, we don’t know how long the financial impact of Covid-19 will last or how bad things will really get.…

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Don’t Ditch Your Retirement Portfolio! Trust Your Investment Plan.

Don’t Ditch Your Retirement Portfolio! Trust Your Investment Plan.

The stock market is suffering, and I know you’re scared. It’s terrifying to think that half of your money disappeared overnight. But here’s what you need to remember: It didn’t. Until you actually sell the investments in your retirement accounts, you have not sustained losses. It’s the act of selling that locks in your losses and keeps your portfolio from recovering. When you make dramatic changes to your retirement portfolio based on fear – especially if that’s fueled by social media hype – you’re more likely to end up losing out in the long run. You’ll be stuck selling low,…

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