If there’s one thing the personal finance community wholeheartedly agrees on, it’s that you should contribute at least enough to your 401k to take advantage of the full 401k employer match. A 401k match is the closest thing to free money that you can get, and those employer contributions will make a huge difference at …
If you’re a working professional chances are, you have a 401k plan at work. Whether or not you’re taking advantage of the benefits of a 401k, you probably have (or have had) some questions about your employer-sponsored retirement plan. I know I did when I first started working! According to the US Census Bureau, 68% …
6 Must-Know Questions to Ask About Your 401k Plan (What Beginners Really Need to Know) Read More »
Are you wondering how to save your first $100k? Saving $100k seems to be the “magic” number to hit in the personal finance world. When you think of saving $100,000, you probably picture those sweet six-figures sitting in a savings account. However, when someone refers to “their first $100k,” that number usually means a combination …
One of the best ways to build wealth for retirement probably isn’t what you think it is. It’s not your 401k or an IRA (although I love those accounts too!) It’s not a pension. Or an inheritance. It’s a health savings account. Yup, you can save money in a health savings account for retirement! “Megan, …
How to Use a Health Savings Account (HSA) to Build Wealth for Retirement Read More »
It’s that time of year again where everyone starts getting their goals and New Year’s resolutions ready for a fresh start on January 1st. Whether you’re a resolution-er or not, setting personal finance goals should be a part of everyone’s financial planning strategy, no matter what stage you’re at. Even though this post is titled …
5 Best Personal Finance Goals for Beginners to Crush This Year Read More »
Saving for retirement is one of those topics that you can easily hit snooze on and ignore for years. “Retirement? I just started working a few years ago, why would I need to be thinking about that now?” You probably picture your grandparents, moving to Florida to play tennis with other elderly folks, or other …
The Complete Beginner’s Guide to Saving for Retirement Read More »
