September 3, 2014
Middle aged with no retirement savings?
How can a middle-aged single parent with zero retirement savings reorganize her finances to start investing for the future? Read the advice of Robert Stammers, director of investor education at the CFA Institute. http://time.com/money/3222252/retirement-strategy-when-nothing-saved/. Don't be put off by the high income figures he cites. Regardless of your income you need to come to grips with reality and start investing for retirement today. You can start an IRA with as little as $100 in the Schwab Total Stock Market Index Fund (SWTSX). Learn more on the Financial Planning for Women website (Click on Mutual Funds 2013): http://www.usu.edu/fpw/schedule/powerpoints.htm
Subscribe to:
Post Comments (Atom)
I think that it is great to have financial planning especially if it is for retirement. I love that the article said that you can start now even if your are middle aged. Most people at that age don't think they can get that much money saved up, especially if there income is low. http://www.skdocpa.com/Financial-Planning.htm
ReplyDelete
ReplyDeleteI invite you to the page where you can read with interesting information on similar topics. Retirement Planning