Asked by Daniel Dohlstrom
Answered by Larry Gilmore, Insurance Agent in Marysville, WA
Personally, I would look at a "SIMPLE" plan. A SIMPLE IRA allows you to have a retirement plan that has little to no administrative costs for the employer outside of m...

Asked by Cortland
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
It may be more helpful for you to think of it as cash flow: "Every month Uncle Sam makes a pension deposit and a Social Security deposit in my bank account of $XX and...

Asked by Brett Lyle
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Brett, the key to your answer is in your question, "long term". Any investment or savings decision should be weighed against your particular risk tolerance. In very...
Asked by Theresa
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
If you haven't started yet, it will be way more than you want to. What are your likely monthly expenses in retirement? Start with that and work backwards - a compoun...


Asked by an anonymous user
Answered by Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA
This country has made a revolutionary shift from pensions to a self-service retirement model (401Ks, IRAs, etc). The average baby boomer has not yet fully adjusted to...
Asked by victor piediscalzo
Answered by Michael Keeler, CFP®, CLTCPRO+ in Las Vegas, NV
Definitely look into the Roth IRA. You can contribute up to $6500 in 2015 to this account. One nice feature of the Roth IRA is you can always take the principal out pe...
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