Archives by Tag 'retirement plans'

No Green Bananas?

By Linda Leitz - Last updated: Monday, October 3, 2016

Very often, retirees or people almost in retirement don’t want to hear about issues involving their money if it suggests any type of long range view of things.  Often I’ll talk to someone in that category about the long term performance of something relevant and they’ll reply that they don’t even want to look at […]

Beware Excuses

By Linda Leitz - Last updated: Monday, May 2, 2016

No matter how much we plan our finances, things can happen that we don’t expect. In fact, that’s one of the reasons to plan. It’s ok to give yourself some leeway in unusual circumstances, but if it becomes normal to have something “unusual” in your life that gives you an excuse to ignore your plan, […]

Early Financial Lessons

By Linda Leitz - Last updated: Friday, January 29, 2016

When young adults get their first “real job”, there are usually a lot of things to think about other than long term financial goals. But building some good habits around money early can have the wonderful side effect of meeting some of the most common long term financial goals. One of the first good habits […]

Early Retirement

By Linda Leitz - Last updated: Tuesday, December 16, 2014

Retirement has often been assumed to happen in our mid 60s. Early retirement is generally assumed to be anything before 65. Let’s examine assumptions about the timing of retirement as well as our definition of what retirement means. Old assumptions about retirement finance were that if you saved between 10% and 20% of what you […]

Making the Most of Your Employer Sponsored Retirement Plan

By Linda Leitz - Last updated: Friday, November 7, 2014

Traditional pensions – retirement plans that promise an employee a check a month for life – are very rare and many employers don’t have any retirement plan. So if your employer has a plan that allows you to contribute every month, consider yourself fortunate. Don’t take that benefit for granted and do what you can […]

Planning When You Didn’t Plan

By Linda Leitz - Last updated: Monday, September 29, 2014

Retirement is a goal for just about everyone. Even if you love what you do so much that you never stop working, it’s good to have the financial ability to retire if you decide to. If you realize now that retirement is coming up, but your financial options fall short, there are some things you […]

Retirement Cash Flow

By Linda Leitz - Last updated: Wednesday, June 18, 2014

Saving for retirement and spending your retirement funds are very different processes. Common wisdom says to have your investment allocation still provide growth, while becoming more conservative as you approach retirement. But asset allocation still doesn’t address how to actually have the money start paying your regular expenses when you reduce or stop your earned […]

Participate in your company retirement plan

By Linda Leitz - Last updated: Monday, April 21, 2014

Everyone needs to save for the day they hope not to work to make ends meet.  If you are comfortable with your job security and have good savings you could get to in a pinch, investing through your company’s retirement plan is worth considering.  Staying on a consistent investment plan through a down stock market […]

The “Ins” of IRAs

By Linda Leitz - Last updated: Thursday, March 20, 2014

We received an e-mail with questions about the ins and outs of IRAs. This week we’ll talk about types of IRAs and putting money into IRAs . Next week we’ll address getting the money out. Both for IRA contributions and withdrawals, there are lots of rules and exceptions, so this is just the overview. Check […]

Top Ten Reasons to Participate in Your Company Retirement Plan

By Linda Leitz - Last updated: Wednesday, April 29, 2009

Now that tax season is over, folks are taking a look at their bigger financial picture again.  With all deference to fabulous late night talk shows, here are ten reasons to consider putting some of your hard earned wages into an account with your employer’s retirement plan. 10. The company is required to provide a […]