Financial News and Information
by Danny Crum
Need to save 10% of your gross income for retirement?
Fact or Fiction
Many financial experts recommend setting aside at least 10% of your gross income for retirement, is this enough, too much, or just right? 10% might be a good starting point but this so called rule ignores several important factors like the return that the money can earn, how long someone has to build a nest egg and the lifestyle someone wants to maintain.
by Danny Crum
How to save millions of dollars for retirement
Want to know the secret of how to make a million dollars? Well, it’s really no secret but if you start early in life it can be the easiest money you could ever make. No, I’m not going to tell you one of those get rich quick schemes, this is the real deal. Everyone hopes they can live long enough to see retirement age; however, many of us don’t plan for retirement or don’t save enough to live comfortably after retirement. That’s why today you see thousands of retirement age people still working everyday in order to make ends meet.