What is APY? And how the heck is it different from APR? It’s important to understand just how much each can impact your money — even though it seems boring to talk about. Get the scoop and a haaaaanddyyyyy song about APY inside!Read More
Instead of using your HSA for qualified medical expenses, you can cashflow those costs — meaning you pay out of your regular ol’ savings account. If your HSA is smartly invested, it can stay put and continue to grow. Learn how to get started!Read More
It’s intimidating to plan for something that will happen four decades from now. Actually, it's the most optimistic thing I've ever heard, because it means I believe I won't get hit by a bus and die tomorrow. Hope! So touching.
So, what are the average 401(k) contributions? Am I doing it right? Am I way behind the average 25-year-old? What's the "K" even for? Ahead, we discover (some) of the answers.Read More
How prepared are you to head for the office door? For some people — especially millennials — retirement may be pretty far off.
The average retirement age in the United States is 63, but maybe you don’t want to be average. Maybe you, like me, plan to give your two weeks well before that. Either way, retirement requires planning.Read More
Retirement may be on our radar, but did you know that 1 in 3 Americans have no retirement savings? Yikes! If you’re reading this, you’ve already taken a step in the right direction. So what’s the next step? Learn the difference between a Roth IRA and a Traditional IRA and be better prepared to open the account that’s right for YOU. The sooner you start, the sooner you can kick back and have daiquiris delivered on a silver platter. #RetirementGoalsRead More
When you’re in your twenties, it’s hard to commit to investing money that you may not see again for 45 years. Heck, I can’t decide on whether I want to spring for the organic apples — you want me to take a stab at investing the only money I’ve ever had?! There is way too much uncertainty at this stage of life, but that’s what makes a Roth IRA so attractive.
Individual retirement accounts — street name IRAs — are a relatively safe way to springboard into a comfortable retirement a little down the road. There are two main IRA options available: Roth IRAs and Traditional IRAs. Today, we tackle the Roth.Read More