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401K Match Not Free After All

Your 401K Match May Not Really Be Free Money

As many of you know from reading my posts, I feel very strongly about preparing for your future and investing money for retirement.   For many people, this investment is in the form of a 401(k).  I personally invest using a Roth IRA and a 403(b) – the school district’s version of a 401(k) – but [...]

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Why Our Financial Plan Is Not Like Groundhog Day

From the posts that I have written, I bet many of you can tell that I am pretty organized and have my financial plans in order.  However, there really is no “perfect” financial plan when life comes into play.  On paper, everything can look great but, an unexpected medical expense or house repair can throw [...]

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Christian Financial Alliance

What Christians Should Keep in Mind While Planning for Retirement [Christian Financial Alliance]

The Christian Financial Alliance  was created to help readers.  The idea is this:  Create a panel of biblical finance gurus.  People who take seriously the call to teach the Bible accurately with grace and truth.  Once a month, we post a question with a response from our panel to provide you with well-rounded, sound, biblical advice.  For more on the [...]

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How Training For A Half-Marathon is Like Saving For Retirement

How Training For A Half-Marathon is Like Saving For Retirement

I recently completed a half-marathon.  My goal was to run the entire 13.1 miles and I am proud to say that I did it.  The most amazing thing about the race was that the training was much more difficult than the actual race itself. I was a runner before training for this race but would [...]

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What is Investing

What is Investing? And How to Get Started After the Age of 30, 40 or 50…

What is investing? And, and how do you start at 30, 40 and 50? When my mother found herself at the age of 50 with medical bills and debt in the tens of thousands, she knew she had to make radical changes. At the age of 50 she had never asked herself the question, “What [...]

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How Long Should You Invest in the Stock Market?

How Long Should You Invest In The Stock Market?

Many of us know that investing in stocks and mutual funds is a great way to build wealth.  From January 1871 through December 2009, the Dow Jones Industrial Average averaged 10.5% growth each year.  This time frame encompassed two world wars, a presidential resignation, The mid-’70s recession, the tech-stock bubble burst in 2000, the tragedy [...]

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Peer Lending

An Overview of Peer Lending

Peer lending, also known as peer – to – peer lending, is a new way of borrowing and lending money (investing) via social lending sites. It is also one of the most effective ways to improve your ability to borrow money if you do not qualify for traditional loans or credit cards from lenders. In [...]

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Baby Boomers Retirement Poll Results | Are You Ready for Retirement?

Beginning this past January, more than 10,000 baby boomers a day will turn 65.  This pattern will continue for the next 19 years.  The Associated Press and LifeGoesStrong.com recently conducted a Baby Boomers retirement poll among those born between 1946 and 1965 to see how ready they were for retirement.   The results were not pretty. [...]

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How Spring Is Like Saving for Retirement

Ah, spring is finally here – at least in my part of the country.  The birds are chirping and the flowers are blooming.  Once the weather begins to get warmer, many start thinking about summer and want to lose weight to look good in their bathing suits.  Why do so many wait until it gets [...]

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How Much to Save for Retirement

How Much To Save For Retirement

I recently received an email from my company’s 401k plan manager asking me the question: “have you got enough cushion?”  In other words, they were asking, based on the amount of money I’m contributing to retirement today, if it will be enough?  Further into the note, their suggestion was to save as much as I [...]

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Early Retirement Planning Lessons from a Snow Storm

As I am typing this, the snow has blanketed my yard and road. School has been closed for three days and our city is pretty much at a stand-still. I know for many, 8 inches of snow would not do much but, here in the South, this is like a blizzard. The storms came late [...]

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Help a Reader: Max Out Retirement Savings or Pay Off the Mortgage?

This is a question received from a reader concerning whether or not she and her husband should max out their retirement accounts or pay off their home mortgage once credit cards are paid off and giving to the Lord’s work has been increased. My husband and I are both state employees and are vested in a [...]

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