Search results for Retirement
-
Posted
Sep 26 2007, 08:38 AM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
This post comes from partner blog Five Cent Nickel. Have you ever heard of "longevity insurance”? In short, longevity insurance is a relatively new form of insurance that provides you with a guaranteed stream of income later in life, typically starting after you turn 85. To get longevity insurance, you have to make a substantial up-front payment 20 or so years earlier. Longevity insurance is really just a repackaged deferred annuity that's targeted for retirement-age individuals concerned about whether they'll outlive their savings. There are differences.
Read More...
-
Posted
Sep 26 2007, 05:24 PM
by
Karen Datko
Money Blog: Smart Spending Blog - MSN Money
When U.S. News & World Report listed the top places to retire, cost was not the only factor. But some affordable gems can be found on a list that includes Bozeman, Mont. (median home price, $279,300) and San Francisco ($765,000). The median home price in Fayetteville, Ark.? Just $163,000. There's also Lawrence, Kan. ($142,928) and Smyrna, Tenn. ($145,000).
Read More...
-
Posted
Sep 27 2007, 09:33 AM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
Your daughter is a "late-bloomer." She's 28 and still living at home. What's your obligation to her, particularly when supporting her is delaying your retirement? A young blogger examines the ethics involved in this situation.
-
Posted
Sep 27 2007, 12:51 PM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
She owes $16,000 on her credit card and has $207,000 in student loan debt. This recent law school grad has not just one, but two plans to deal with it. Even though she's in a financial hole, she's wisely putting enough into her 401(k) to get a full employer match.
-
Posted
Oct 08 2007, 08:01 AM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
We've all heard about the millionaire next door . Rather-Be-Shopping begins a series of blogs about a school janitor who long ago discovered the power of saving and investing. He owns his house mortgage-free, has two cars, lives without debt, and is about to embark on a comfortable retirement. All this on $35,000 a year in California.
-
Posted
Oct 22 2007, 10:11 AM
by
Karen Datko
Money Blog: Smart Spending Blog - MSN Money
We reported recently that J.D. at Get Rich Slowly had asked readers for advice about how to live debt-free because he will become free of consumer debt by Christmas. He got a thought-provoking response : You'll be tempted to spend, spend, spend all the extra money you'll have when you're no longer paying off debt. That's a road back to financial ruin. Think big, make long-term plans, and automatically save for them. (Does early retirement sound attractive?) On a smaller scale, budget yourself an allowance and stick to it.
-
Posted
Oct 24 2007, 07:59 AM
by
Karen Datko
Money Blog: Smart Spending Blog - MSN Money
Some bloggers have the idea that working smart means you won't have to work hard. Grad Money Matters disputes that notion and offers the perspective of an immigrant from a Third World country who recently earned a Ph.D. GMM was raised to believe in the value of hard work, and also knows working smart is a valuable asset in the pursuit of goals like early retirement and financial security. "But I just can’t subscribe to the theory that working smart is an alternative to working hard," GMM writes (and we agree). "... unless you are willing to get your hands dirty and pour your sweat into what you do, I doubt that just working smart will get you anywhere in the long run."
-
Posted
Oct 24 2007, 04:48 PM
by
Karen Datko
Money Blog: Smart Spending Blog - MSN Money
Retirement is coming early to the Silicon Valley Blogger . After careful consideration, she's decided to quit the corporate world in a year. At The Digerati Life , SVB explains the thought process she used to evaluate whether she's ready to leave the social network and security of the workplace to concentrate on other priorities, including several entrepreneurial projects and, most importantly, her kids. Consider her eight-question test if you're thinking about leaving the rat race . One of the eight factors? Add up all of the expenses -- wardrobe, commuting, child care -- required to remain on the job.
-
Posted
Nov 02 2007, 10:10 AM
by
Karen Datko
Money Blog: Smart Spending Blog - MSN Money
Many employers are holding open enrollment in health-insurance plans, so it's time to think about your options as the cost of insurance continues to rise . The Sun's Financial Diary , in two excellent and comprehensive posts, explores switching to a high-deductible plan partnered with a health savings account . If your employer doesn't yet offer this combination, and you're unhappy with the available plans, you can pursue it on your own . Sun notes that an HSA allows you to invest pretax money to build savings for future health care and, eventually, retirement spending, but you must be enrolled in a high-deductible plan to start one. (We'll add that for people who don't have health insurance , the lower premiums of a high-deductible plan might put the cost of health insurance within their reach.)
-
Posted
Nov 05 2007, 02:57 PM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
JLP chimes in about news of casualties of the subprime mortgage debacle in a short but sweet post at AllFinancialMatters called "I don't understand severance pay." He notes the huge compensation of Stan O'Neal, the ousted CEO at Merrill Lynch ($161.5 million in restricted stock, options and retirement benefits) and Charles Prince, who quit as head of Citigroup Inc. (and "appears to be eligible to depart with cash and equity valued at roughly $31 million," said The Wall Street Journal). "When most people get fired from a job, they walk out with a box full of their stuff, not a nice monetary gift. Why is it not the same for a CEO?" JLP asks.
Read More...
More Posts Next page »
|
