Most people have never heard of a SIMPLE IRA and are curious to know how it differs from a 401(k). A SIMPLE IRA stands for Savings Investment Match Plan for Employees. Getting started with a SIMPLE IRA One of the key differences of why your employer may offer a SIMPLE IRA versus a 401(k), is that […]
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Should you have a Roth IRA or 401(k) plan? I like both plans, but for different reasons. Thatâs because the two plans are very different from one another. For this reason, you should try to have both plans going at the same time, if itâs possible for you to do that. Each meets a different […]
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Civic claimed to have originated more than $1 billion in 2020 as investors looked for new opportunities amid historically low interest rates.
The post PacWest Bancorp acquires non-QM lender Civic appeared first on HousingWire.
7 Creative Ways to Teach Your Kids About Money is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
I never learned much about money as a kid, so I’ve been adamant about teaching my son about money. Kids naturally start asking serious questions about money as young as age 5. Maybe they see you buying something at the store or swiping your card at a restaurant drive-thru. It’s important to teach your kids about money so that they understand how it works and can develop a healthy relationship with money at a young age. Plus, building financial awareness with your kids allows them to avoid common money mistakes when they get older. But let’s face it, money is
7 Creative Ways to Teach Your Kids About Money is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
Bank of America triples affordable housing commitment Reuters
Transform your standard-issue rental kitchen with these tips.
The high cost of living can make it hard for middle-class residents to make ends meet.
We love DIY, but let’s be honest…some projects should be left to the pros! Check out this list of the best and worst projects for DIY to help you decide which option is best for you.
The post What are the Best and Worst Projects for DIY? appeared first on Homes.com.
The ultimate question: Could you and your friend make the perfect business duo? The answer may be more complicated than you think. You love spending time with your friend and the idea of becoming entrepreneurs together. Why not fulfill your…
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The post Starting a Business With a Friend: 4 Things to Consider appeared first on MintLife Blog.
This is a guest post from Financial Samurai. The views of guest authors are their views and not necessarily mine. That said, I think it’s a good thing to read and share ideas that differ from your own. (And, in fact, I’d argue that many of our larger political problems in the U.S. today stem from an unwillingness to do just this.) Over the past fifteen years, I’ve published many guest articles I didn’t agree with. I’m sure to publish more in the future. With that disclaimer out of the way, let’s look at Sam’s arguments for re-thinking the four-percent safe withdrawal rate.
On 27 August 2020, the Federal Reserve announced a major policy shift. Fed Chair Jerome Powell said the Fed is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.
In other words, the Federal Reserve is likely to keep its Fed Funds rate at or near zero percent for longer. In the past, the Federal Reserve would consider raising interest rates when the unemployment rate falls to ward off inflation down the road.
Given this policy shift, I think youâd be a fool to follow a four-percent safe withdrawal rate in retirement. Let me tell you why.