Retirement Planning for Women
Why should retirement planning be any different for women than for men? For the most part, it isn't; however, because women generally make less and live longer than men, they need to save a higher percentage of their income in order to be sure of having sufficient funds available for retirement. Additionally, they're more likely to work in part-time positions that don't offer access to retirement plans.
An additional issue is that women often invest more conservatively when they're young, when they should be investing aggressively to build the nest egg they'll need in later years. Additionally, many employer-sponsored plans require that you work for a certain number of years to become fully vested; leaving the workforce at the wrong time to take care of children can thus wreak havoc on your financial plans.
Some of the problem can be alleviated simply by choosing a job that provides a good retirement plan, and spending more time working, particularly when you're making a high salary; working longer before retirement is generally a good idea, as you put off when you'll need to start withdrawing from your retirement account, allow the money in it to grow longer, and contribute more when you're at (presumably) your highest salary.
If you're married, you should be aware of how much of your husband's benefits you'll be entitled to, should you outlive him. You can calculate the social security benefits you'll be entitled to based on both your and your husband's contributions at the official Social Security website.
Additionally, if you're not currently working and your husband is, you may be eligible to make a spousal IRA contribution; this allows you to contribute to your husband's traditional or Roth IRA, increasing the amount you can invest in the retirement shelter. To qualify for this, you must be married (obviously!), file a joint federal income tax return, and have taxable compensation at least equal to the amount you wish to contribute.
Do You Need a Debt Settlement Attorney?
If you've decided to try debt negotiation, one big question remains: should you attempt to handle it yourself, or hire a debt settlement attorney? And if you do hire one, exactly what will he do for you?
Feeling overwhelmed by your bills? One of the worst feelings in the world is that of being overwhelmed by your debt, of being in the hole and not knowing how to get out. Fortunately, there is help available; while there's no quick fix, there are things you can do to help remove yourself from the trap you're currently caught in.
Everybody loves to negotiate, don't they? Well, no..most people seem to hate it. However, if you've reached the point where you simply can't pay your bills, debt negotiation (also known as debt settlement) might be the answer. Debt negotiation is when you negotiate with your creditors to reduce your outstanding debt; in some cases, credits will accept a smaller amount rather than chase you into bankruptcy.
Investing for Dummies
No, I'm not calling you a dummy! That guy over there, maybe. The one who's investing in individual stocks without doing any research, getting in and out of stocks almost every day, and failing to save a sufficient amount for retirement. You wouldn't do any of those things, would you?
Sell Structured Insurance Settlement
If you've been in the position where you were injured through the negligence of another party, you might have been compensated with a structured settlement. These are designed to pay out a living wage over a period of time to compensate for loss of wages caused by your injury. Unfortunately, you sometimes have an emergency need for that money immediately and can't wait for years to collect. In this case, you can actually sell your structured settlement to an investor, who will give you an immediate cash payment in exchange for a discount off of the value of the settlement.
10 Tips on How to Save Money Fast
Trying to save up for a big purchase, but having trouble finding spare change to put away? Here are a few ideas to get you started.
This website is all about saving for retirement, and we tend to assume that more money is better. However, we obviously can't save an unlimited amount of money, so it's important to assess your needs and figure out how much retirement income you realistically need to live on.
MasterCard and Barclaycard are now offering a nice new feature in Barclays credit cards; a service called inControl that helps customers to better control their spending. Customers with a Barclaycard can go online to the website and set up controls on how much they can spend with their credit cards, and where they can spend it.