50 Plus One Tips to Building a Retirement Nest Egg

50 Plus One Tips to Building a Retirement Nest Egg

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The vast majority of people do not have a plan or understanding of just how expensive it is going to be to live in retirement. Whether you are well on your way towards retirement or just starting your career, it's never too late to start planning for the future. Fact: It will take from 60 to 80 percent of your current income to live in retirement at the same or similar standard of living you now enjoy. 50 plus one Tips to Building a Retirement Nest Egg shows you how to prepare for your financial future. Learn how to: get out of debt; the importance of paying yourself first; the time value of money; special IRA allowances for people nearing retirement; how a SEP can help a small business owner; what Social Security will and will not provide; and much more.The main pitfall associated with any home-equity loan is that they are a relatively easy solution for a homeowner who may have difficulty curbing their spending. The phrase reloading ... If you take out a line of credit that is higher than the value of your home, you will pay higher fees and the interest paid on the portion of the loan that is above the value of the home is not tax deductible. If you are nearinganbsp;...

Title:50 Plus One Tips to Building a Retirement Nest Egg
Author:Linda M. Magoon, Poonum Vasishth
Publisher:Encouragement Press, LLC - 2006-07-31


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