If you have a retirement account such as a 401K, 403B, Roth or Traditional IRA, Congratulations! You’re already an investor. A lot of people don’t consider their retirement savings as investing. Saving for retirement is important and should (arguably) be your first investing priority.
Read MoreIt is never too early to start saving towards retirement. A main focus for many of us this year will be our money management and long term goals i.e retirement planning. It is very important o have some knowledge of compounding interest to fully understand the benefits of starting early. In this post I will cover some basics of retirement planning and hopefully compel every young professional to start saving towards retirement (if you haven’t already).
Read MoreAsset protection is a hot topic among young professionals. Let’s face it, we spent years in school and sacrificed a lot to get to this point so it’s only right to search for ways to protect what we’ve earned. Asset protection is a term used to describe the way we go about protecting our finances from those who see us as a target. These may be creditors, individuals looking to sue, etc. Everyone needs to give thought to this but there are some groups, namely physicians and dentists that are more vulnerable to legal action.
Read MoreIt is never too early to start saving towards retirement. As the new year approaches everyone is setting their goals and intention for the coming months. A main focus for many of us will be our money management and long term goals(retirement planning). It is imperative to have some knowledge of compounding interest to fully understand the benefits of starting early. In this post I will cover some basics of retirement planning and hopefully compel every young professional to start saving towards retirement(if you haven’t already).
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