Your Emergency Fund: How Much is Enough?

Your Emergency Fund: How Much is Enough?

Have you ever had one of those months? The water heater stops heating, the dishwasher stop washing and your family ends up on a first-name basis with the nurse at urgent case. Then, you’re driving to work, giving yourself your best, “You can make it!” pep talk; you see smoke seeping out from under your hood.

Bad things happen to the best of us, and instead of conveniently spacing themselves out, they almost always come in waves. The important thing is to have a financial life preserver, in the form of an emergency cash fund, at the ready.

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Where Will Your Retirement Money Come From?

Where Will Your Retirement Money Come From?

For many people, retirement income may come from a variety of sources. Here’s a quick review of the six main sources: Social Security, personal savings and investments, Individual Retirement Accounts, defined-contribution plans, defined-benefit plans, and continued employment. 

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Retirement Planning: A Recipe For Success

Planning your investments to build a retirement fund can be a dizzying prospect. The various questions and options and details and accounts and amounts are enough to make anyone’s head spin. Wouldn’t it be nice if there was a generic recipe for success? A nice neat list of step by step instructions on how to make the best decisions on where, when and how much when it comes to investing for your retirement. Unfortunately, this list of steps is incredibly dependent upon each individual and their current situation and future plans, so a sure fire success route doesn’t exist.

 

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