2017 401(k) & IRA Contribution Limits

As I’ve gotten older (and wiser!), a lesson I learned early in life has really started to influence my financial decision making: the earlier I save, the more time my money has to grow. The concept isn’t overly complicated. Everyone knows the earlier you save, the better. The problem most have–myself included–is following through and putting money away for the future. But now that I’ve had a steady paycheck for a few years and have been focused on saving, I’m able to witness the growth in my account and I’ve got to say…I love watching my money make more money! (more…)

Read More  

What Does Retirement Mean to You?

Retirement means different things to different people: a time to sit back and relax; a time to get out and do the things you couldn’t do while working; a time to focus on what matters most.

No matter what retirement means to you or how far away it may be, the same theme rings true for most Americans: retirement is a time to enjoy life, right? (more…)

Read More  

Borrow From Yourself

“A bank is a place that will lend you money if you can prove that you don’t need it.” 

-Bob Hope

It’s one of those classics that falls into the ‘It’s funny because it’s true’ category.

Really, it’s not funny.  But, it does seem to be true.  Since the Great Recession of 2008, middle income Americans are finding it harder than ever to borrow money from banks.  Tightened regulations implemented in 2009 are causing bank lenders to look for near perfect credit qualifications in order to make loans for mortgages, auto purchases and even for small business owners.  (more…)

Read More