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  In order to fully understand this post I am going to have to ask you to put down your $19.95 Suze Orman book or shut off your podcast of Dave Ramsey – and give me a chance to describe and illustrate how to create your own Pension Using Whole Life Insurance before leaving me comments Continue reading Create Your Own Pension Using Whole Life Insurance October 22nd, 2009 | Tags: Retirement Planning, Whole life insurance | Category: Life Insurance, Qualified/Retirement | 16 comments
Let’s say you are reaching age 62 and you are worried that your income stream is going to dry up, so you opt to start your Social Security Payments. Everything is going swimmingly and then you come into a large sum of cash at age 64…now you don’t need your social security income anymore! You Continue reading Paying Back Social Security to Increase Future Payments 
Today I received a very interesting Fidelity Credit Card offer. This particular rewards card placed my 2% cash back directly into my IRA with Fidelity. Interesting, right? I thought this was really cool. Don’t worry I didn’t partake, because, as we discussed, I am in operation eradicate consumer debt. But it got me thinking: Retirement is Continue reading You Have to Prepare for Retirement – Do Not Depend on the Government  All the way back in September of 2008 I wrote a post titled, “Leave your Retirement Accounts Alone.” The Post was even mentioned in the Carnival of Personal Finance and I think either WSJ or MSN. Well it looks like no one listened (it may be because back then I had about 4 constant readers). Continue reading Leave Your Retirement Accounts Alone (AGAIN!)  I get really annoyed when people quote any talking heads without taking into account one’s personal situation. I am not sure why, but I can’t stand blind faith in anyone except maybe your version of a Creator. A LOT of personal finance bloggers, Talk Show Hosts, and house wives all over the country take the words Continue reading Sometimes 401(k)s are Better than IRAs  I doubt the main point post will apply to many people reading this blog, but as I stated this blog was also started to highlight some of my research and planning experience. This idea may seem foreign to many, but I’d love to discuss it with anyone and everyone. This post is for those that don’t Continue reading Advanced Required Minimum Distribution Planning May 1st, 2009 | Tags: Estate Planning, Estate Taxes, Financial Planning | Category: Qualified/Retirement | Leave a comment
This is a contiuation of my post titled, Setting up a Roth IRA – 4 Easy Steps (part 1) – Outlining (in 4 easy steps) the creation of my brother’s Roth IRA. Parts 1 and 2 discussed the WHY, now we are going to discuss the how. Step 3 – Picking a Brokerage Site If you ever read my About Continue reading Setting up a Roth IRA – 4 Easy Steps (part 2) April 7th, 2009 | Tags: Investments, Personal Situation, ROTH IRA | Category: Qualified/Retirement | 6 comments
 I haven’t really talked about my investments yet because I am focused on debt reduction right now…that will hopefully change soon. Notwithstanding my situation, my younger brother had asked me to set up his “retirement account(s).” He would go crazy if he knew I was writing what I did for him online, but lucky for me Continue reading Setting up a Roth IRA – 4 Easy Steps (part 1) |
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