Posts tagged as:

savings

March Investment Income- $58.12

My March investment income had a nice rise to $58.12 from $51.69 the month before.  This was due to my stock portfolio rebounding nicely and allocating a little more of my savings to my emergency fund.  The total would have been even better if the mutual fund in my Roth IRA would have participated in [...]

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October Investment Income- $41.34

Last month was not a good month for my retirement savings. I lost about $1000 in my Roth IRA which was a significant amount considering I only had $5500 in there.  I managed to increase my monthly income but only because I added $3000 to my savings last month.  Increasing my monthly investment income from [...]

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My Plan to Retire at 50

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Judging from the response I got to my post “How Much Should You Save for Retirement?“, people are really interested in the subject of my retirement.  In that post I mentioned my desire to retire at 50 and that I had some ideas on how to do that.  I do need to [...]

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How Much Should You Save for Retirement?

The standard used to be 10-15% of your income should be saved for retirement. That still might be a reasonable standard if you start early enough, your investments perform well, and you’re confident that Social Security will provide a healthy boost to your retirement income.  There isn’t really a one size fits all standard on [...]

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