One sign of hope coming out of the huge student loan crisis lately is that parents are starting to save more for future college expenses. According to Fidelity in 2016, families saving for college has increased from 58% to 72% over the past 10 years. With the cost of college increasing steadily, the more savings we have, the better prepared we’ll all be as parents.
Hey everyone! Andy here! I’ve got a guest post today from Andrew Altman of SlickBucks.com which focuses heavily on the investing side of building wealth. Today, Andrew is talking Mutual Funds. One of my favorite topics! Here’s Andrew!
Saving for retirement requires a unique mindset and method. “Playing the market” to get rich quick is risky business indeed when you are funding your efforts with retirement monies. But you also can’t minimize all risk and still count on having sufficient savings to fund you during your retirement years.
The magical Roth IRA … You’ve heard that you need one. Or if you have one, you’ve heard that you should be taking full advantage of it. What is so excellent about a Roth IRA?!