Archive for January, 2008

Is it a good idea to do invest into mutual funds to build a Retirement plan?

Thursday, January 31st, 2008

ykarnay asked: I am 25 and at my job I’m not offered any kind of 401k plan. Is it a good idea to invest into mutual funds to build my retirement plan? As they say, start early. What are my options on this?
I was refered by a friend to talk to a financial advisor, [...]

Retirement planning: additional contributions toward 403b or Roth IRA or both?

Thursday, January 31st, 2008

Mikal2007 asked: I’ve done some research online and everyone says to contribute enough to max out the employer match to a 401k or 403b. My employer already contributes 12% to my 403b. I currently don’t contribute anything but I’d like to start soon.
My last thought was to open a Roth IRA, try to max [...]

Where do I start with learning about investing and retirement planning?

Tuesday, January 29th, 2008

missp asked: I have been an assitant to a financial advisor for 6 months and I am not satisfied with just knowing how to fill out forms and where to send them. I would like to know the meaning behind most of the financial world’s jargon (ETF’s, IRA’s, SIMPLE Plan, etc.) and also how to [...]

I want to know the best retirement plan available in India?

Monday, January 21st, 2008

aarvee_25 asked: I’m already 38, and I think I should plan for my retirement. Which is the best retirement plan available in INdia which gives a reasonably decent monthly income. ThanksBeatrice

Do I need to file taxes for my 401 K Retirement Plan?

Saturday, January 19th, 2008

asm0586 asked: And how much money you get back with your 401 K retirement plan?Alma

What is the best retirement plan for self employed worker?

Thursday, January 10th, 2008

Bank asked: I am 32 and working as a real estate agent. I don’t have a retirement plan yet, people tell me to open a RothIRA or a simple 401k…i don’t know much about these things, any advice is appreciated.Joe

1 John and Mary C were a middle-aged couple in the midst of planning for their retirement. John was 55 and had

Sunday, January 6th, 2008

Joe P asked: 1 John and Mary C were a middle-aged couple in the midst of planning for their retirement. John was 55 and had decided to put the maximum ammount $2000 into an IRA account for the next ten years. He was planning to retire at 65. The couple felt they they should make [...]