Related Financial Services - The following Debt Consolidation Loan Directory sections allow you to comparison shop other finance products, such as debt consolidation loans and credit counseling firms.
- Debt Management Consolidation - Do you have too many monthly bills and payments to manage them effectively? Visit this directory of sites in order to review and compare different debt management programs that may be able to help.
- Debt Consolidation Program - Learn more on how debt consolidation can work for you and compare a detailed company list of lenders and related services offering help to people that need to consolidate debt.
- Credit Card Debt Settlement - If you have too many credit cards and other small debts and are unable to make your payments, this form of debt negotiation may be right for you.
At Midlife: Multi-Tasking In Your 30s, 40s or 50s
Managing for today and saving for tomorrow, including a child's college expenses and your retirement
If you're "living in the middle ages" — you're 35 to 55 (or thereabouts), the years between young adulthood and senior status — you've got a lot to think about when it comes to managing money.
Among the issues you face: how to maximize your income during your remaining work years so you're better positioned to retire when, where and how you want. Here are some suggestions for minimizing stress and maximizing results.
Save as much as you can for your retirement. Tax-advantaged savings vehicles, such as Individual Retirement Accounts (IRAs) and 401(k)s, are solid choices. And once you reach age 50, you can also make "catch-up" (extra) contributions to these retirement savings accounts.
Consider speaking with a financial planner or other personal advisor about a recommended investment strategy for your age and stage of life — especially the mix of stocks, bonds, mutual funds and lower-risk alternatives such as U.S. Savings Bonds and bank deposits.
Explore tax-preferred ways to save money for a child. State-sponsored "529-plan" savings accounts and Coverdell educational savings accounts carry tax advantages and help families and individuals save for higher education expenses.
Also, many families may be able to qualify for a tax break on earnings from certain U.S. Savings Bonds used for educational purposes.
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Spring 2008 | Save for Retirement | Do Your Homework |
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Last updated on 05/13/2008