Paying yourself first is very common advice you may have heard from financial planners or read in personal finance books. It is common because it is one of the most important steps to being financially independent.
Remember that the government only represents about 30% of our retirement income, the company retirement pension plan offers another 30 % and many of us do not have one.
It is up to individuals to invest wisely, short and long term ,in order to make up for the short fall if he or she would like to live comfortably after retirement without giving up some retirement plans. In this article, we will discuss types of short term investment.
It has been my experience that people believe managing money will take away their freedom. They believe that managing their money will not allow them to be free and enjoy life to the fullest
There are many doubts that our government can take care of all the baby boomers who will start to retire in 2010. With these uncertainty surrounding the government’s pension plans, the savings and investments making up your own personal pension plan will be the key to financial well-being in your retirement years.
