Can You Put Cryptocurrency in Your IRA?

Can You Put Cryptocurrency in Your IRA?
How’s your 401(k) or IRA doing? A typical 401(k) plan returns from 5% to 8% based on a portfolio of 60% stocks and 40% bonds and other conservative investments. If your retirement plan is not meeting expectations, you may be tempted by the high returns of cryptocurrencies like Bitcoin – but should you be wary of incorporating cryptocurrency into your account?

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Posted in: Personal Finance

5 Self-Employment Retirement Options

More and more people are becoming self-employed these days. While being self-employed has many benefits such as having more flexibility or freedom to choose your own schedules, working as much or as little as you want, etc., there are downsides to being self-employed as well. Self-employed people have to pay extra taxes unlike traditional employees do. Self-employment does not come with a regular...

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Posted in: Retirement

cFIREism Review

Do you know what a FIRE seeker is? No, it is not somebody that tries to track down flames! It stands for Financial Independence and Retire Early. Very few people, as hard as they try, are ever able to achieve this. This is because they do not really plan. Last week I mentioned my goal of becoming financially independent by the next 20 years. I’m 25 now so I would be shooting for 45. It’s...

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Posted in: Retirement

FIRECalc Review

Want to retire? I’m sure we all want to stop working at some point but according to CNBC, 81% of Americans have no idea how much they need to retire. What’s worse, is that nearly 1 in 3 Americans have no retirement savings which keeps them trapped in the workplace for extended years. If you don’t want to be stuck working until you’re 80, you have to think about retirement, investing...

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Posted in: Retirement
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