Perhaps the most difficult, or at least most intimidating, thing about saving for retirement isn’t finding money to set aside, but rather choosing how to invest that money. After all, 1 in 5 Americans who aren’t invested in the stock market says it’s because they “don’t know enough.”
What Is A Target Date Fund?
Because of this, in 1994, a new kind of mutual fund was created: the target date fund (TDF). It is a kind of investment designed so that you can just put your money in and forget about it until it’s time to take your money out. You will recognize them because they have a future date in their name, like LifePath Index 2040 Fund or Vanguard Target Retirement 2040 Fund. View post
Today is the beginning of a brand new year, a fresh start. For many people, now is the time to leave the regrets of 2017 behind and do better in the year to come. Millions of people all over America are making New Year's resolutions to do better financially.
How about you? Would you like to improve your finances in 2018? I’ll help you. Your current finances are the result of decisions, both large and small, that you have been making your entire adult life. If you want to make a change in your financial life, you’ll need to change the way you make decisions.
Today, I’m going to show you how to make better financial decisions.
From hurricanes to fires, people all over the nation have been finding themselves in emergency situations this year. What if next year is your turn? Are you financially prepared for an emergency? What steps can you take to become prepared?
As a pastor, one of your greatest earthly rewards is the clergy housing allowance. Though it’s nothing compared to the rewards you’re piling up in heaven, it is definitely something that should not be overlooked.
Here are some things to remember as you prepare your 2018 clergy housing allowance request:
Christmas is almost here! And that means that grandparents and fun aunts and uncles are going to be scouring the stores (or just Amazon) for the biggest, loudest, most annoying toys to give your children.
Aren’t you excited?
If you don’t want a life-sized Batman taking over your hallway or Giggle Wiggle singing to you every day, be proactive! Open a 529 college savings account for each of your kids so your family and friends can put their money somewhere that it will really benefit your child- and not drive you crazy. (And if you do want Giggle Wiggle, let me know, I have one that I’d be happy to part with.)
Back in September, we talked about how to calculate how much life insurance you need. I’m sure all of you stay-at-home parents took the article to your spouses and said, “Honey, you need more life insurance!” or maybe even just, “Honey, you need life insurance!” (After all, less than ⅔ of Americans even have life insurance in place.)
But what about you? Do you have life insurance? Do you even need it?