Money Smart Week: It’s Never Too Early (or Too Late) to Save for Retirement

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”

Money Smart Week 2017

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”

Retiring With a Plan

Last month, I suggested some books to get you started on investing. This month, we move on to the different but related topic of retirement planning. Those of us who are fortunate enough to be employed for a significant number of years expect to retire at some point. The choices that we make years – sometimes decades – before retirement can have a huge impact on our standard of living when we are no longer working. Investments can be a valuable part of planning for retirement, and I encourage you to check out the blog post on investing, but there are many other moving parts to retirement: homes, debt management, pensions and 401Ks, Social Security, and insurance. Here are some books to help make sure your retirement years will be your best years.

htretire

How to Retire with Enough Money: And How to Know What Enough Is by Teresa Ghilarducci. A great overview for anyone who is starting to think about retirement, this book briefly covers many important topics such as 401K’s, saving, spending and debt, investments, and even the role of civic involvement in creating a better retirement system for the future. It also has an excellent resource list at the end to help you delve deeper into some of the topic covered. Continue reading “Retiring With a Plan”