Jan 30, 2010
What Is The Best Way To Start Saving For Retirement?
what is the best way to start saving for your retirement? im 20 now and the idea kinda just came to me yesterday. ideas?
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Social Security News
- SOCIAL SECURITY: Retirement age varies (Asbury Park Press)Q: What is "full retirement age" and what happens if I apply for Social Security benefits before then? […]
- Social Security checks may get smaller (KETK 56 Tyler)A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old. Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by […]
- Pomeroy gets chairmanship of Social Security subcommittee after panel shakeup (The Fargo Forum)BISMARCK (AP) — A shakeup on the U.S. House's influential Ways and Means Committee has left North Dakota Rep. Earl Pomeroy as chairman of a subcommittee on Social Security. […]
- Social Security topic of Chester library program (The Progress)CHESTER – “Social Security: Know the Facts” is the topic at a Senior Lunch n Learn” at noon on Monday, March 8, at the Chester Library. […]
- Citibank Exposes Thousands Of Customers Social Security Numbers (KOLR - KSFX Ozarks)Citibank is informing some 600,000 customers that is exposed their Social Security numbers earlier this year. […]
More Ideas
| Retirement Is a Full-time Job: And You're the Boss! |
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| How to Love Your Retirement: Advice from Hundreds of Retirees (Hundreds of Heads Survival Guides) |
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| How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor |
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If you have a 401K at work that matches do that!
If not
Start investing in mutual funds
I have had a number of people ask me how to start investing in the stock market. Many simply want a road map to invest with out any vagaries. I have seen a lot of articles and heard a number of experts on this subject blab about vagaries on how to get started. This article is tells you just how to start investing if you are beginning investor.
Pay yourself a set amount per pay. Maximize your 401 k and get matching from your employer.
Get an education in whatever you want to work in, whether it be something that requires a master’s degree, undergraduate, or certification in HVAC. By doing this, you qualify for more pay.
Just keep saving a little at a time and make sure you pay yourself. Stay away from credit cards – that alone will keep you ahead of the game…
Good luck!
One way is to buy a series I US savings bond each month or when you get some extra money.
There are no fees and the current rate is 3.36 %.
You pay no taxes until you cash them.
They add up over time.