Behind on Your Retirement Savings?
What steps could you take to catch up? Provided by Marc Aarons @ Money Managers Inc. If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions. Play catch-up. If at all possible, take advantage of the catch-up contributions the IRS allows […]
Can the Market Ride Through the Greek Debt Crisis?
U.S. equities face their biggest test of 2015. Provided by Marc Aarons @ Money Managers Inc. June definitely ended with some drama. When Greek government officials told Reuters Monday that the nation could not make its €1.5 billion loan repayment to the International Monetary Fund on June 30, the Dow plunged 350.33, the S&P 500 […]
Long-Term Investment Truths
Key lessons for retirement savers. Provided by Marc Aarons @ Money Managers Inc. You learn lessons as you invest in pursuit of long-run goals. Some of these lessons are conveyed and reinforced when you begin saving for retirement, and others you glean along the way. First & foremost, you learn to shut out much […]
Are You Retiring Within the Next 5 Years?
What should you focus on as the transition approaches? Provided by Marc Aarons @ Money Managers Inc. You can prepare for your retirement transition years before it occurs. In doing so, you can do your best to avoid the kind of financial surprises that tend to upset an unsuspecting new retiree. How much monthly income […]
Retirement In Sight, April 2015
News and Information for Current and Future Retirees April 2015 Presented by Marc Aarons @ Money Managers Inc. “I have found that if you love life, life will love you back.” – Arthur Rubenstein TRAVEL TIP Carry on whenever you can Unless you are really going on extended jaunt, consider getting by with […]
The Major Retirement Planning Mistakes
Much has been written about the classic financial mistakes that plague start-ups, family businesses, corporations and charities. Aside from these blunders, there are also some classic financial missteps that plague retirees. Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgment. Yet whether they result from ignorance or fate, we need to be aware of them as we plan for and enter retirement.
What’s Fueling the Drop in Oil Prices?
On the New York Mercantile Exchange, a barrel of light sweet crude is currently worth well under $60. Prices have dropped more than 25% in a month and almost 45% year-over-year. What is behind this freefall? How long will prices keep dropping, and who does this development hurt and benefit?1
What’s Your Financial Health Score? Can a 5-question test predict how wealthy you will become?
In the future, will you become wealthier or poorer? Who knows, right? It seems like you would need a crystal ball to really answer that question given life’s up and downs. What if the answer is right in front of you? What if you can determine it from your present financial behaviors?
IRS Raises Retirement Plan Contribution Limits
Roth & traditional IRAs won’t get 2015 COLAs, but other plans will. Provided by Marc Aarons @Money Managers inc. A little inflation means a little adjustment. As the Consumer Price Index is up 1.7% over the last 12 months, the federal government is giving Social Security benefits a 1.7% boost for 2015 and lifting annual […]
Ebola Fears Weigh on Wall Street: How will the market contend with a major unknown?
What is the Ebola virus doing to stocks? That depends on who you ask. While the threat of another European recession, rapidly falling oil prices and the oncoming end of QE3 all had a hand in the selloff that intensified this week, the Ebola virus – a great unknown – sent a definite shudder through Wall Street.