Category Archives: Retirement

The 2012 Recession and Financial Planning

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The Impact of the recession and how we save is a nice article from Forbes. In it, the author discusses how the short and long-term savings have been impacted.  Based upon an 2009 survey of 25,000 Americans, the study shows … Continue reading

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A Long Strange Journey

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I went to a birthday party last night for some friends.  Great time and it was fun watching how silly a bunch of women can get when they get together.  Silly with or without alcohol involved. One of the people … Continue reading

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Over 50 Retirement Planning

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So you’ve started a little later than you should.  I know I have, but that doesn’t mean it’s time to just give up. You will just have to be a little more fluid in your goals. According to the 2012 … Continue reading

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Retirement Myths

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When you begin to look at retirement from any age, whether you’re 25 and planning ahead (awesome!) or 50 and are thinking.. Hmm.. I wonder what I should do?  You’ll hear from a number of different sources, including this one, … Continue reading

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Reflection & Retirement Planning

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After we became ‘eligible’ for AARP, our focus has shifted a bit from the “Get Outta Debt” theme we’d been living under for the last four years.  As anyone who has successfully made that “Outta Debt” goal can tell you, … Continue reading

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Balancing 401k to Deductions

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We owe Uncle Sam some money this year.  We stopped claiming our younger two daughters as dependents on our Taxes this year.  Unfortunately, we didn’t make any adjustments to my withholding earlier and now we’re paying the Tax Man. It’s … Continue reading

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Objects in the Rear View Mirror are much farther than they appear

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As much as I try to deny it, I’ve reached “that point” in my life where my age is  closer to Retirement Age than the legal drinking age.  Way back then, my worries were less about saving than they were … Continue reading

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2013 401(k) Limits

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The IRS has just release the 401(k) limits for 2013. For 2012, the maximum for 401k, 403b, most 457 plans and TSPs was $17,000 per year.   Due to Cost of Living and Inflation, these limits are now $17,500.  Not … Continue reading

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A Personal Spending Plan

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Budget or Spending Plan.  Whichever you decide to call it, is vital to the Get Outta Debt experience.   At first, we called it a Pain.  Then a Budget.  After having problems with the ‘B’ word, we took to Dave … Continue reading

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Waiting too long: Retirement and Compound Interest

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Back when I first started out in my career (1986)  making a whopping $14,000 a year, I was offered my first chance to participate in a retirement account. “Retirement? I’m 23 years old.. That’s like.. Forever away. I need the … Continue reading

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