Well Heeled Blog » Save Money, Have Adventures, and Travel the World

Masthead header

Tag Archives: Roth IRA

Tweet Retirement. The 800-pound gorilla in the personal finance room. You can’t talk about personal finance without talking about retirement. And you can’t talk about retirement without talking about how much you are saving for it. I was reading on Bruce Bucks when this note caught my eye: according to personal finance expert Liz Weston’s […]

View full post »

Tweet Crossing a milestone You know what’s really great about getting married? Getting to calculate your combined retirement savings! When we added together our 401K and IRA balances, we saw that we have crossed the $100,000 mark with a few thousand dollars to spare. As a couple in our twenties (I am 26 and CB […]

View full post »

Tweet What does a retirement investment portfolio and mystery meat have in common? I’m not sure what animal products mystery meat is made of (and not sure I want to know…), and I wasn’t clear on what investments make up my retirement portfolio. When I first started investing in 2006, I had one retirement vehicle – […]

View full post »

Tweet When did you first start a Roth IRA? Now imagine if you can dial back that timeline by 5 years, or maybe even 10 years. What if your parents had the resources and the foresight to help you start a Roth IRA when you were in high school? Or, even better, in middle school? […]

View full post »

Tweet Is there any topic as scintillating as that of retirement? Especially to newly minted college graduates? I think not! Retirement seems far off, but without a plan it comes much faster and harder than one expects. It’s not too difficult to just get started… check out my new post at the LendingTree blog: 5 […]

View full post »

Tweet Most personal finance bloggers (this one included) love the Roth IRA. Contribute to a plan with after-tax money, then watch your funds grow unencumbered by taxes. And, when you are ready to withdraw, you don’t have to pay taxes either. But what’s good for the individual might not be good for the collective whole. […]

View full post »

Tweet Growing up, I never had personal finance as part of the curriculum. But everything I’ve learned about motivation to save for retirement, I’ve learned in high school. Recently, TeacHer Finance wrote a post sharing her perspective – she hates saving for retirement.  I understand her reasons.. maybe that’s why I don’t really think about […]

View full post »

Tweet Exactly 6 months after I made my first contribution, I maxed out my Roth IRA for 2010, meeting one of my new financial goals for this year.  That makes 5 full years of maxing out, or $23,000 worth of contributions.  Of course this $23,000 will grow to $9,490,308,898 by the time I retire, right? […]

View full post »

Tweet Retirement planning is as much an art as a science.  One of the most common questions is: How am I doing?  No one can tell you for sure, but one nifty little website tries to give you a sense of your progress compared to a predefined index. This website, the Pudding Index, tries to […]

View full post »

Tweet We all know we should be saving for retirement… but it’s not easy to do. Life gets in the way and retirement seems so far off. I’ve managed to make retirement my biggest financial priority through a combination of positive (financial freedom!) and negative (fear of spending old age in penury) motivation. Here are […]

View full post »

Tweet You know you are a personal finance blogger when the prospect of making new retirement contributions makes you so excited you can’t stop looking over the 401K plan document. Now that I have a new job, it’s time for revised objectives for 2010. My financial goals for 2010 are simple: I want to contribute […]

View full post »

Tweet I expect to have some freelance earnings this month. So, I’ve decided to put $250 into 2010 Roth IRA. It feels good to be still contributing to retirement – albeit a much reduced amount - even when I’m laid off. It’s a small (but still significant!) step towards the $5,000 2010 Roth IRA limit. There are thousands of articles […]

View full post »