4 Things Millennials Can Give Up in Order to Contribute to Retirement

millenials and retirement, millenial tips, retirement contribution
Investing in order to prepare for retirement is something that most millennials are not thinking about but they definitely should be. When it comes to investing, the earlier the better is the type of mindset that young people should have. The money you set aside to invest no matter how large or small will earn interest compound over time allowing you to end up with more than you started with and that’s...

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Posted in: Retirement

How Pension Reform Changes Could Impact Your Future

Last month President Obama sent his final annual budget proposal to Congress. If accepted by Congress the budget for the fiscal year 2017, which commences on October 1st, would herald significant changes to retirement plans for full-time and part-time workers. As explained in a statement posted on the White House website; “These proposals aim to ensure near-universal access to workplace retirement...

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Posted in: Retirement

Get Smart About Retirement Planning

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Part of smart financial planning includes preparing for retirement. When you’re already contributing to your retirement accounts, how else can you prepare for a comfortable retirement? Here are a few things to think about as you focus on retirement preparation. Make a plan. The first thing you should do is develop a plan. When do you want to retire? How much can you comfortably live on? How much...

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Posted in: Career and Work, Retirement, Saving Money

Our early retirement plan

early retirement plan, retirement, retiring, early retirement, RRSP investments , personal finance blogs, personal finance article, financial article, financial post
For Brian and I, the big motivator for working hard, paying off our debts and savings gobs of money is the allure of early retirement. Who wants to work forever? I’d rather take advantage of free haircuts, cheap homecooked meals, and even free tax software and put my money to better uses. Sure, there are people who apparently love their jobs so much that they never want to stop, but for us, we...

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