See how the stock market has recovered from past bear markets and why it pays to stay invested.
How much money do you need to retire? It's not an easy question to answer, but these 4 steps will help you begin to figure it out.
Call Kiplinger’s hotline at 1-888-919-2345 between 9 & 6 eastern time, or email questions to jumpstart@napfa.org. All questions are answered by fee-only financial planners.
If you miss Tuesday, Kiplinger will be hosting a second Jump-Start Your Retirement Plan day on Friday, January 30th.
For one month I vowed not to spend money on anything I didn’t need; basically no purchases other than food and gas. I didn’t think it would be that difficult. And my resolve was holding out…until Saturday…when I had to pick up a prescription.
The pharmacist said it would only be 10 minutes. There was nothing much to do except walk around the drug store. Next thing you know I had picked up $88 dollars worth of stuff: shoe polish, masking tape, a pull-up bar, one box of duraflame logs, and 6 Cadbury Crème eggs.
The scary thing – I didn’t even realize what I had done until I got out to the car. It never consciously crossed my mind that I was breaking my vow. I have been programmed to shop while waiting for prescriptions - frightening. I could have grabbed a magazine, or a book, and spent 15 minutes reading. Instead, I spent money.
I need to add “avoid unconscious spending” to my 10 Ways to Save $10 A Day list. I wonder how much I spend each year this way? I wonder how much you spend each year this way?
Kiplinger is hosting an opportunity for you to get free retirement planning advice by calling their toll free number, or sending questions by email. Answers will be fielded by fee-only financial planners.
DatesI have an article called Making Safe Investments. In it I mention Treasury securities as a safe investment. Here’s the problem.
People flock to safe investments at exactly the wrong time. Check out this recent Barron’s article called Get Out Now ; in it they talk about the current bubble in Treasuries. Yes, you can lose money in some safe investments if your timing is off.
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