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Articles in the Retirement Category

Retirement, Zen Capitalism »

[2 Dec 2009 | 4 Comments | ]
The Battle For Your Retirement Dollar; Roth 401(k) vs Traditional 401(k)

So your company offers a traditional 401(k) AND a Roth 401(k) and your wondering which one is more advantageous? There’s many scenarios that can sway your position either direction, so let’s see which camp you side with.

Here are 5 reasons why Roth 401(k) may be better:

Retirement »

[28 Oct 2009 | No Comment | ]
Don’t Say No To Free Money: Your 401(k)

When I was in college, my co-worker once asked me if I was invested in our company’s 401(k).  I mistook him for asking me “if I was okay”.  I responded with, “I’m fuckin’ fantastic”.  That was the first time I was ever introduced to retirement plans.
Here is some information that you should know before you start tackling your retirement.  I wish that I knew this earlier in my life =(
Traditional 401(k)s and 403(b)s are both employee sponsored retirement plans; the former offered by for-profit organizations and the latter offered …

Investing, Retirement, Savings »

[16 Oct 2009 | 8 Comments | ]
How Does Compound Interest Work?

Compound Interest—The Best Thing Since Sliced Bread

We all know that saving is a necessary component to building wealth.  Save $100 this month, $50 the next, and in two months you’ll have accumulated $150.  Big whoop-ti-do!  Doesn’t seem like a whole lot right?  Let’s put things into perspective.  The reason why savings is so huge is due to a little known fact called “Compound Interest”.
Albert Einsten was once quoted saying “The most powerful force in the universe is compound interest”. Well, the jury is still …