Planning for a Bright Future

About Me

Planning for a Bright Future

When I graduated college, I landed a dream job teaching accounting at a university. For five years I enthusiastically taught my students important accounting principles. During this time, I put a significant portion of my paychecks into a retirement fund. Because I’ve always been extremely conservative with my finances, I invested all of my cash into money market funds. Unfortunately, this decision did not yield great results. Now that I’m older and wiser, I’d like to rectify the retirement mistake I made when I was younger. On this blog, I hope you will discover the best types of funds to include in your retirement portfolio. Enjoy!

3 Ways To Grow Your Wealth Outside Of Your 401(K) In Your 50S

In your 50s, you really need to start looking at ways to build your wealth that fall outside of your 401(k) and traditional retirement savings. Use this decade to diversify your investments and your wealth. Diversifying your investments and your wealth now will help you have a more enjoyable retirement. #1 Consider An Investment Property First, consider purchasing an investment property. There are a few different ways you can approach an investment property. Read More 

Is Your Retirement Just Around The Corner? It’s Never Too Late To Make A Financial Plan

It's always better to begin saving for retirement when you're young. When you reinvest the earnings from your portfolio, the compound interest turns a small initial investment into a large asset. However, don't worry if you have not yet started saving for retirement. Whether you're in your 40s, 50s or 60s, you can make your retirement more comfortable by starting to save as soon as possible. You have a few benefits working in your favor when you begin investing at a later age. Read More 

Beef Up Your Insurance Coverage And Savings

If you have a Medicare policy, but it will not cover all of the costs associated with hospitalization, medication, or routine doctors visits, now is the time to investigate viable ways to increase your coverage so that you will have enough funds to pay medical bills that are incurred in the future. Use the options below to beef up your insurance coverage and savings so that you are protected if faced with a medical crisis. Read More 

Up The Ladder Of Success: Where To Go Next When You’re Already Doing Well

Just when it seems that your small or mid-sized business has hit its most successful peak, things really take off. If this is where your company is at right now, you might be wondering if there is any way your company could climb any higher. Actually, there is. It requires more steps than what you knew about or expected, but it can happen. Here is where to go next when your business is already doing well. Read More 

Fear You’ll Soon Be Facing A Forced Medical Retirement? How Can You Prepare?

If you've recently been diagnosed with a medical condition that is likely to force you into an involuntary early retirement in the next few years, you may be reeling at this news and wondering how you'll ever be able to physically and financially prepare yourself. Fortunately, even having just a year or two of lead time can often be enough to take many of the preparatory steps that will make your transition much easier. Read More