Middle Class Movement

4 must-do’s before you retire

Mitra — Tue, 02 Apr 2013 19:38:21 +0000

By Jennie L. Phipps • Bankrate.com Before you hang up your work boots and walk out the door, start by scheduling an appointment with your human resources department. The person you talk to may have a list of topics she wants to cover, but don’t let her forget to answer all your questions about these

Stop Treating Your Retirement Account Like a Piggy Bank

Jenny — Sat, 26 Jan 2013 10:00:00 +0000

By Dan Caplinger Posted 6:00AM 01/26/13 | AOL Original With Social Security and Medicare facing long-term threats to their fiscal health, and company pensions going the way of the dodo, you know how important it is to set money aside for your retirement. Unfortunately, when it comes to building a nest egg for their golden

Why Retirement Is Like Winning the Lottery

Mitra — Fri, 07 Dec 2012 10:00:00 +0000

By Tom Sightings Last week, two lucky ticket holders -- one from Missouri and one from Arizona -- found out they won a huge Powerball lottery. The payout was advertised at $587.5 million. The family from Missouri had their picture splashed across the media, holding a big check for their half of the proceeds, or $293.75 million.

Why the 99% May Never Retire

Jenny — Tue, 04 Dec 2012 02:16:27 +0000

By Dan Caplinger Posted 12:00PM 11/01/12 | AOL Original Economists say that we’re in a recovery, but try telling that to ordinary middle-class Americans. As hard as it is to make ends meet right now, Americans are extremely pessimistic about ever getting to retire with any kind of financial security. A recent survey from Wells Fargo

7 Planning Steps for Middle-Income Retirements

Jenny — Tue, 27 Nov 2012 15:25:00 +0000

By PHILIP MOELLER November 27, 2012 Americans need more retirement planning and investment advice than ever before. We are increasingly responsible for our own retirement investments, courtesy of the move away from traditional pensions to self-directed retirement accounts. We are still trying to recover from the recession. Tax rates could change sharply as Congress wrestles

5 Black Friday Tips for the Middle-class

Jenny — Sun, 18 Nov 2012 01:00:43 +0000

1. Preparation This is by far the most overlooked fact, hence the reason why we list it first. We will list a few sub tips here. Remember, Christmas is only 1 day but make no mistake about it, the sticker shock could last well into the next Christmas season if you don’t prepare. a. Sure,

How to Reinvent Yourself in Retirement

Mitra — Fri, 02 Nov 2012 14:06:00 +0000

By DAVE BERNARD November 2, 2012 After what has hopefully been a successful career, you find yourself at the doorway to life’s next chapter. Retirement offers the promise of living the life you have always wanted to. You now have the opportunity to take it easy or explore a brand new career. Or perhaps you want to travel

Saving for Retirement? One-Third of Women Not Doing the Basics

Jenny — Thu, 25 Oct 2012 19:46:32 +0000

By Donald Liebenson Lack of confidence in financial knowledge thwarts retirement planning: LIMRA Women face challenges and obstacles in saving for retirement, which should place retirement planning atop their to-do list. But a new LIMRA study finds that nearly one-third of women have not completed basic retirement planning activities, including calculating assets and

Saving Principles for Retirement Investing

Jenny — Wed, 17 Oct 2012 14:05:00 +0000

By DAVID NING October 17, 2012 You may have heard that your savings rate is the biggest determining factor in how likely it is that you will retire comfortably. Unfortunately, knowing this probably won’t make you save more. Let's face it. Saving is difficult, and it is also quite boring. But saving is so important. Saving gives

Make These Tax Moves Before the End of the Year

Jenny — Tue, 09 Oct 2012 16:00:00 +0000

Squeeze in these strategies over the next few months to save big before April 15 By Kimberly Palmer Early fall can be the best time for last-minute tax planning because you still have several months to meet end-of-the-year deadlines that can minimize your tax bill in the spring. Follow these five tips and you