My friend Kevin McKee over at thousandaire.com did a video a while back that does a great job explaining traditional IRAs and Roth IRAs. If I were going to explain it myself, I probably couldn't do it much better than Kevin does in this video. So I figured I would share the video here and teach …
IRA
Myths Vs. Truths: The Truth About Saving for Retirement
Myth: I can save for retirement when my income increases. There’s always more time to invest. Truth: Time is running out and waiting to invest guarantees you an undignified retirement. Let’s use the example of brothers Ben and Arthur. Ben decides to start investing just $2,000 per year when he …
How Big is Your Nest Egg?
Knowing What you Need for Retirement Many people ask how much money they need to save for retirement. This is an intimidating topic for most, but it doesn't have to be that hard. Here's how to find out if you will be comfortable in retirement. Growing Your Nest Egg First, ask yourself what income …