I will be 33 in January – and I’ve been thinking about my retirement plans. Apparently, I’m not the only one who’s been thinking about retirement – check out these articles from my blogroll:
AllFinancialMatters has an interesting article about Automatic IRAs – I like the idea of making investing easier – but if companies move to this plan, would 401K matching be a thing of the past? I’ll have to do some further research.
Blueprint has written about Target Retirement Funds – Are they a good idea for non-retirement savings? I simply purchase index funds – but I love the fact that AJ (the reader who asked Blueprint about non-retirement savings) has “extra” money! Awesome!
Flexo is debunking certain retirement myths – My favorite is #3 – Everyone has debt – As Flexo points out, most folks who are debt free keep it to themselves – except for me, of course! 🙂
Nickel did some research – and the news is mixed – elective 403(b) 401(k) and 457(b) limits for 2008 will be the same as 2007 – $15,500 – but the aggregate limit will go up by $1000 to $46,000. Confused? Nickel did a much better job of explaining it!
Free Money Finance writes so many good articles, especially about retirement. Here’s one I bookmarked a few months ago – 5 401K Mistakes To Avoid – Number 1 is “Be sure you participate!”
JD reviewed a “must read” – The Automatic Millionaire – JD is the king of book reviews – and he’s the reason that I spend so much money on personal finance books!
MBH wrote this powerful post a few months ago – and I’ve been waiting for this roundup so that I could include it. So many people dream of retirement – but here’s how to kill that dream. Sobering, but I really, really find this to be a powerful post.
The Digerati Life writes about investing styles.
Lazy man writes about market timing and the 401K.
Money Smart Life has an article about spousal IRAs.
GenX has a guide to Morning Star’s mutual fund tool.
4M has a tale of two ETFs.
Sun answers the age-old question – Roth or Traditional?
My Two Dollars has ideas about waiting too long to save for retirement.
Clever Dude wrote this post a few months ago – but now that we are nearing the end of the year – I think folks might find the information to be very, very useful – Should you contribute to your 401K, even if you get no match?
Hello, Thinking about retirement early is a good idea.
There is nothing like early planning.
I plan to use enjoy life and spend the money I have saved, and im pretty sure you are going to do the same.
Regards..
Heaven
Retirement planning is important in the long range, but it’s more important just to develop a good habit of saving and squirreling away as early as possible.
-Raymond
My wife and I have a meeting with your financial and tax planner next Monday actually. So I am curious to see how things are looking and what we may or may not get back for a refund this year. Last year we owed like 800 bucks. Although this year my wife is making alot more than she did last year and I know we will more than likely get hit with AMT this time. Out one saving grace I think is that we are contributing heavily to our respective 401k’s.
Great Post! Keep up the excellent word.
Love & Gratitude,
Tina
Think Simple. Be Decisive.
~ Productivity, Motivation & Happiness