Tag Archive for rich

Guess What – You Might Be Richer Than You Think!

Rich, Occupy Wall-Street, New York Times, What Percent Are You, income, household income, income bracket, income percentile, Stop Acting Rich, Thomas StanleyDo you feel like you’re rich? When you talk to your friends or neighbors, do you feel like you’re at the same level? Or do you feel like you’re barely keeping up?

This might sound crazy, but when you see all those “Occupy Wall-Street” demonstrations and other copy-cat protests on the News demanding equality against the privileged “1%”, there’s a good chance they might be talking about you!

Okay, maybe not YOU directly. But it might surprise you to find out how close to the top 1% percentile you really are! Here’s how:

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When Is the Best Time to Start Saving for Retirement?

saving money, retire, saving, compound interest, money, 401(k), retirement, pension, richOnce you have your reasons for saving money and your motivation to one day retire, there’s only one thing left to do:

• Start saving today!

Why?

One simple reason: The effects of compound interest. Simply put, when you save your money, the effects of compound interest cause your money to grow far beyond anything you could have ever saved on your own. See for yourself:

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Book Review: “Your Money Ratios: 8 Simple Tools for Financial Security at Every Stage in Life” by Charles Farrell

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Most financial books tell you come up with a retirement goal and to save towards it. Period. But have you ever wondered if you were on the right track? At 30, how much should I have saved for retirement? What about 40, 50, etc? What about debt, savings, etc.? Where do I stack up against my peers?

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