The Money Mentor

Return to Blog Roll

Posts in Savings & Retirement

2/10/15  Savings & Retirement
Saving for retirement in your 50s

In Part Four of our five-part series, we discuss retirement savings strategies for those in their 50s. Learn about tax-advantaged catch-up contributions, consolidation of "orphaned" 401(k) accounts from previous employers, and how your empty nest can help you to save more for your retirement. 

Read Full Article
1/27/15  Savings & Retirement
Saving for retirement in your 30s

In your 30s and feeling like you're lagging behind in your retirement savings? Learn about the advantages of starting your retirement savings efforts now, why company matches are so valuable, and why increasing your retirement contributions might not cause as much pocketbook pain as you think it will. 

Read Full Article
1/20/15  Savings & Retirement
Saving for retirement in your 20s

Part 1 in a five-part series on saving for retirement at any age. Learn how compounding interest and more years of growth can benefit those who start their retirement savings in their 20s. 

Read Full Article
1/15/15  Savings & Retirement
Playing retirement catch-up

If you are 49 or older, learn about your eligibility to make catch-up contributions to your workplace 401(k). 

Read Full Article
1/14/15  Savings & Retirement
Emergency funds 101

One of the most common pieces of advice from personal finance experts is that everyone should have an emergency fund. But why is an emergency fund so important and how much money do you need to have in it?

Read Full Article
12/29/14  Savings & Retirement
Don’t get zapped by the new IRA rollover rule

Effective January 1, 2015, you can only make one tax-free rollover per 365 days between your IRA accounts, regardless of how many IRAs you own. You can still make unlimited transfers between IRAs without tax consequences. Learn the difference between an IRA rollover and an IRA transfer and exceptions to the new rollover rule.

Read Full Article