Only 4% of Americans who start working at age 25 are expected to have saved enough for retirement at age 65 yet, while this number may seem surprisingly low, retiring doesn't have to be as expensive as you may think. One easy way to do this: retire abroad. For many Americans, Mexico is a top choice. It's not only geographically close, it's also very affordable...
Read More »Saving For Retirement Today Will Compound Your Returns Tomorrow (+3K Views)
When should you start saving for retirement? Financial advisors say it is never too early to drop a chunk of your monthly paycheck into a retirement account – and ideally in your 20s when you start earning a steady paycheck. The compounding effect of money can be very powerful especially over a long period
Read More »Top Personal Finance Blogs (+6K Views)
Welcome to Wise Bread's rankings of the top personal finance blogs.
Read More »Canada is a Great Place to Retire – Here’s Why (+4K Views)
While [Green Valley] Arizona, [Naples] Florida, [Ajijic - Mexico or Mendoza - Argentina,] or some hidden island in a foreign land, might seem like the dream place to live out the end of one’s life, it turns out that Canadians just might be better off at home [and Americans and others should seriously consider emigrating to Canada sooner than later]. Here is a brief summary of the reasons why. Words: 842
Read More »Which Countries Have the Most Debt? Here’s a Ranking (+3K Views)
Even if all federal tax revenue was applied to pay down U.S. sovereign debt, it would take 10 years (not including any interest) to do so! This infographic shows how other countries like Canada, UK, Australia and Germany, among others, rank in comparison.es like Canada, UK, Australia and Germany, among others, rank in comparison.
Read More »15 Criteria for Choosing the Ideal Investment Advisor (4K Views)
An investment advisor friend of mine recently asked me to summarize for him the criteria I would use if I were looking to identify an investment advisor to work with and I came up with 15 characteristics I would look for in what for me would be an 'ideal investment advisor' which I would like to share with you. Words: 679
Read More »6 Arguments For Maxing Out Your 401(k) Contribution (+3K Views)
Maxing out your 401(k) is often the best way to accumulate a healthy sum for retirement, and there are great tax benefits as well...Consider these 6 arguments.
Read More »History Says Global Debt Levels Will Lead to Another Crisis (+2K Views)
Analysts at Deutsche Bank recently released an extensive study that demonstrates the link between debt and crisis. One chart in particular screamed for attention.
Read More »Welcome to the New Retirement Model – NO Retirement! Here’s Why (+4K Views)
Welcome to the new model of retirement. No retirement. In 1983 sixty two percent (62%) of American workers had some kind of defined-benefit plan. Today less than 20% have access to a plan. The majority of retired Americans largely rely on Social Security as their de facto retirement plan [and the 35 and younger cohort are not able to save, or save enough, to eventually retire. True retirement is now a thing of the past except for a privileged few. Let me support this claim.] Words: 1091
Read More »The Financial Crisis “Nobody Saw Coming” IS Coming (+3K Views)
Almost every financial crisis is presented in the mainstream media as one that "nobody saw coming" yet, as the 4 charts show below, the next one is foreseeable - "the writing is already on the wall".
Read More »
munKNEE.com Your Key to Making Money