Being young in today’s world isn’t easy. Gen Y and Gen Xers are facing greater challenges day by day with the lagging economy and prospective jobs situation not improving. There was a time when having a higher education almost seemed to guaranteed a high paying job, but it’s not a given any more. For example, take law graduates – many of them have had success as interns, making as much as $3,000/week, but they can’t get hired on because of the lagging economy. You know times are rough when attorneys are struggling! Read More
Monday, November 14th, 2011 and is filed under Saving for Retirement
If you are a teacher, you have more than likely made the smart decision to participate in your school district’s 403b – the teaching profession’s equivalent of a 401(k) investment plan.
If you are a teacher and you are approaching 59 ½ years of age, a key investment decision regarding your 403b is on the horizon – a chance to make another savvy investment move that may dramatically impact your retirement future.
At 59 1/2, your 403(b) assets are ‘unlocked’, which means that you now have the ability to take control of your retirement funds, penalty-free. At 59 1/2, you can “roll-over” eligible monies into an IRA Rollover while still being able to contribute to your plan. Your employer will also be allowed to continue to match your contributions during the remaining years of your career, which will further help you build up your retirement nest egg. Read More
Monday, November 14th, 2011 and is filed under Investing for Women - Did You Know?
According to an Allianz Women Money Power survey, overwhelmingly, men find financially independent women sexy. Only 4% of men surveyed disagreed!
Monday, November 7th, 2011 and is filed under Products & Investments
Investment risk is a touchy subject for a lot of women investors because, for the most part, we tend to take a more conservative approach to making financial decisions than men. However, sometimes it may make sense to be a bit more aggressive when it comes to investing. Taking calculated, well-researched risks can lead to higher rewards. Investing for portfolio growth is no exception –– especially when it comes to wealth building strategies. Read More