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Invest 15% of Your Income. For years, Ramsey has advised getting a chunk of your money into investments. This makes sense since compound interest is the magic potion. Retirement is your longest ...
If not, choose a no-fee bank or brokerage that offers the type you want and get started. 3. Request a Direct Rollover From Your 401 (k) Administrator. You can transfer your funds either through a ...
How To Open a Roth IRA. You can open a Roth IRA at most any brokerage or financial services firm. However, you need to have earned income in order to make contributions, as you can’t contribute ...
According to Dave Ramey, a well-known radio personality and financial expert, there are four questions you should be asking to evaluate your retirement savings and how your portfolio is performing.
The post on Ramsey Solutions recommends creating a mock retirement budget. Much like your current budget, you’ll want to budget enough money for utilities, groceries, phone, internet and your car.
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