Judy Hucka, editor of the BetterInvesting Puget Sound Chapter Newsletter is our guest blogger today. BetterInvesting is a national, nonprofit association whose mission is to provide sound investment information, education, and support to help create successful investors. Instructors are volunteers and receive no monetary or financial payment or gain from your participation. BetterInvesting and the Puget Sound Chapter offer in-person and online classes for beginning, intermediate and advanced investors. For more information about BetterInvesting: www.betterinvesting.org.
OK, OK, you’ve probably heard this before. But it’s important! According to the U.S. Government Accounting Office, about half of households age 55 and older have no retirement savings—and up to two-thirds of workers may not have saved enough to maintain their standard of living in retirement.
You can start now to improve your chances of being in the one-third who do have enough to be financially secure when they retire. Continue reading “Money Smart Week: Get Started Investing for Retirement Now – It’s Really Not Hard”
Judy Hucka, editor of the BetterInvesting Puget Sound Chapter Newsletter is our guest blogger today. BetterInvesting is a non-profit organization dedicated to investment education. On April 29 they will be hosting a program on Basic Investing at Central Library. The Newsletter is available for viewing at the Level 7 Business, Science and Technology desk also at Central Library.
If you’re in your 20s or 30s, retirement may seem like a long way off. And you may already feel financially stretched, paying off student loans, saving to buy a house, or starting a family.
But saving and investing even small amounts of money now can give you a much better chance of being able to retire comfortably in your 60s (maybe even earlier). Something as simple as cutting out that daily latte or packing your lunch rather than eating out every day can add up surprisingly fast. Continue reading “Money Smart Week: It’s Never Too Early (or Too Late) to Save for Retirement”
If you’re starting to feel fretful about this time of the year (end of March, beginning of April), you’re not alone. Tax deadline is near. Have you done what you promised your new year’s resolution you’ll be doing? Have you put your financials in order for the upcoming year?
Have no worries. We’re here to help. Continue reading “Money Smart Week 2017”
Investing can be a scary word, especially with the effects of the 2008 financial crisis still lingering in many people’s lives and memories. But no matter what your risk tolerance is there are tax-efficient ways to save for your life goals. Knowing the risks and potential rewards of various investment tools can help you sleep soundly at night. Whether you’re wondering what a diversified portfolio looks like, what an Individual Retirement Account (IRA) is and what type might be right for you, or even how to save more money no matter how much you currently earn, these books offer ways to start planning for the future. Continue reading “How to Start Investing”
Investing information is notoriously steeped in jargon and the underlying concepts themselves aren’t exactly the most user-friendly. Whether you are planning to start investing on your own, or just want to be more informed when you talk to your broker, there are many different tools you can use to get up to speed.
Of course, the library has a wide variety of print books about investing but there are lots of other format options like eBooks. For your listening pleasure, we have audiobooks on CD about investing and also downloadable eAudio items.
The Financial Industry Regulatory Authority (FINRA), a regulator of securities firms, has put together some fantastic information tools for the beginning investor. You’ll learn how to open a brokerage account, evaluate risks and start building a portfolio. Continue reading “Money Smart Week: Learn to invest”