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225
(3 votes, average 5.00 out of 5)
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Personal Finance -
Retirement
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Written by Omie Ismail
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Tuesday, 02 February 2010 00:37 |
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One of the reasons that $1 million isn’t what it used to be is the paltry rates offered on fixed income investments. With a million bucks, anybody looking for a secure retirement while maintaining their current lifestyle will be hard pressed to make that happen. With interest rates for the longer term CDs and treasuries hovering around three percent, retirees are looking at a mere $30,000 in addition to their Social Security. That’s the common wisdom but it ain’t necessarily so.
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Read more: How Much Do You Really Need to Retire
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239
(7 votes, average 4.43 out of 5)
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Personal Finance -
Retirement
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Written by Omie Ismail
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Tuesday, 26 January 2010 08:43 |
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The general drift of our mission at LiveCheap.com is to help you live cheap by saving a buck here or a thousand bucks there. It's not the most glamorous stuff, but it works. But let's say you're the impatient type who wants to get wealthy fast and can't be bothered spending the next thirty or forty years saving and investing in stocks and real estate. We're talking about getting on the fast track towards seven figure wealth in 10 to 15 years, or even faster. If you're a basketball player or a stunningly beautiful actress, it shouldn't be too difficult and the only real advice you need is to not piss it all away. But, for the rest of us - the physically ungifted - it takes a bit more of an effort to get to the magic millions and get there fast.
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Read more: 5 Ways to Get Rich in Less Than 15 Years
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228
(4 votes, average 5.00 out of 5)
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Personal Finance -
Retirement
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Written by Ahmed Amr
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Wednesday, 13 January 2010 01:28 |
Who wants to work till they drop? We all have dreams of retiring early and seeing the nine-to-five (or is that seven) rat race in the rear view mirror. And with a little discipline, many of us might save enough to consider leaving the workforce early: only to run into a major roadblock -- the high cost of health care. But, if you are flexible on your location, you can sail over this roadblock to retirement and never worry about getting saddled with monster health bills as you age.
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Read more: Healthcare Costs: Getting Over the Early Retirement Roadblock
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