Get the most from Itemizing

Get the most from Itemizing

Itemizing is an incredibly easy theory to understand, yet the strategies behind it all can be intricate and countless. The rule for when to itemize is simple You’ll do it if the total of your itemized deductions is greater than your standard deduction. First of...
Retired

Retired

Now is the time when you really have to be careful about market slumps. Because the combination of investment losses and pulling money out for living expenses can depress the value of your portfolio. So much so that it may not be able to recover sufficiently even when...
Retirement, late in your career

Retirement, late in your career

You’re hitting the home stretch With about 10 or 15 years to go until retirement, the kids are leaving and you’re at/near your peak earnings. This is an excellent time to rev up your savings effort – including making catch-up contributions to your...
Investing in retirement Mid Career

Investing in retirement Mid Career

After you’ve got a few years on the job, your investing will probably have enough money sitting in 401(k)s and IRAs that a market downturn would trigger a big enough dollar loss to get your attention. Which means you could be even more prone to abandon your...
Starting out with your investing

Starting out with your investing

Getting started with your investing, your main focus at this point in your planning should be making sure you’re stashing enough money into your 401(k) and other retirement accounts, not following the ups and downs of the economy and the markets. CNNMONEY.COM...