Reaching Financial Maturity In the medical world, the word mature means being fully grown or developed. I have often used that definition to describe my personal financial growth. When I was younger I was not very financially mature. I bought on impulse. I used loans to get things I wanted without …
Investing
Do You Have Enough Money to Retire?
How Much Money do you Need to Retire? How often do you think about retirement? If you are in your 20s, my guess is probably never, and then probably only slightly more than never for 30s and 40s, and then perhaps a moderate amount if you are older than that. If you are honest with yourself, life …
The Power of Four Little Letters: R-O-T-H (Followed by IRA)
Why the Roth IRA is so Powerful I love the Roth IRA. Traditional IRA's are pretty cool too, what with the tax deferred gains and all. But Roth IRAs are really cool. If you already have a Roth IRA, you're probably waiting for me to tell you something you don't know. If you don't have a Roth IRA, you …