In today's world, we face a lot of distractions every day. The case is especially tough for a typical student who is struggling to create a balance between school and other societal factors that contribute to becoming a holistic individual.
Therefore, today's young generation is slowly losing their sense of time management. The dilemma lies in sifting through all these factors and setting their priorities. Without proper time management, a student could indeed fall behind and live an imbalanced life.
1.) Balance Between Work, Study, And Life
Contrary to popular belief, time management works simply. However, the hard part is being able to practice it and implant it within your subconscious to make it seem natural.
For a student, he or she must be able to classify time alloted for classes, working, studying, and partying. If you do not have a clear sense of what to do with your time, it is easy to go along with the flow and that is where poor time management all begins.
A student must be able to differentiate the various aspects of your student life, so there is always a separate time for everything. For instance, you have an upcoming quiz or exam, you must learn to cut down or eliminate partying from your schedule to allot more time for study. Indeed, for this method to be a success one must need only common sense. However, some people tend to over estimate their capacity to manage their time. Hence, they end up consuming more time doing one task that they have none left for the other.
Learn how to adjust your schedule so you won't end up stressing out just trying to make up for lost time. If you have to, write down your schedule so you can keep track of where you need to be at a certain time.
2.) Time Portioning
Students might initially find doing school assignments and work projects boring and stressful. However, you can opt to divide the larger tasks into small, more manageable, tasks. That way, you won't find yourself eating up several hours of your time just trying to complete one task.
Another benefit for doing this is that you'd be able to allocate these smaller tasks into smaller time schedules that would have a definite start and end. Once you have completed those smaller tasks, you can move on to other tasks. Hence, it eliminates the boring factor as you continually alter your schedule instead of being stuck on one for hours.
3.) Reward For Managing Your Time
When you manage your time as a student, you can get some more free time to spare as rewards so you have more time to go to parties or just have a bit of fun. Remember that all work and no play would make a student very dull.
Monday, May 31, 2010
Friday, May 28, 2010
A Basic Outline To Cope With Stress!
Your ears might have heard countless number of times “do this… and get away from stress,” or, “do that…, and you will be totally relieved of stress,”turning you even more stressed out!!
…Stop scratching your head over what to be or what not to be done. I have compiled a definite set of action plan to cope with stress in life. I have tried it in the past and it really helped. In fact, I have used them time and again.
This might help you as well, simply read on.
1. Beware of your own warning signs. For, this could just be a sudden feeling of anxiety.
2. Consider what is really causing stress to you? You may be surprised to find the fact.
3. Think over what you could do to change the things. Find out how much of stress is indeed caused by you?
4. At times, due to excessive stress we fall into vicious trap of not eating properly and go to ill practices such as smoking and drinking to further worsen the situation. Instead, you should try and eat a balanced diet.
5. Eat complex carbohydrates rather than refined ones. This will really help you cope with mood swings.
6. Eat plenty of fresh fruits and vegetables and keep sugar and salt intake low.
7. Drink plenty of water, it will rehydrate your body. Try to keep caffeine consumption to the minimum.
8. Avoid nicotine or any other self prescribed drug.
9. Don’t feel guilty about including a period of relaxation every day. We all need to turn off from time to time.
10. Do something that is creative and helps you relax. Say, listen music, do yoga, meditate, enjoy aromatherapy or any other stress busting exercise.
11. Learn to be more assertive and try to manage your time properly.
12. You can even consider attending a stress management training course.
13. Don’t be afraid to ask for help when you need it.
These are certain steps that can truly help you cope with stress. It will work wonders for you. The choice is yours, if you wanna live with stress or acquire any of these good points to mar the stress out of your life.
…Stop scratching your head over what to be or what not to be done. I have compiled a definite set of action plan to cope with stress in life. I have tried it in the past and it really helped. In fact, I have used them time and again.
This might help you as well, simply read on.
1. Beware of your own warning signs. For, this could just be a sudden feeling of anxiety.
2. Consider what is really causing stress to you? You may be surprised to find the fact.
3. Think over what you could do to change the things. Find out how much of stress is indeed caused by you?
4. At times, due to excessive stress we fall into vicious trap of not eating properly and go to ill practices such as smoking and drinking to further worsen the situation. Instead, you should try and eat a balanced diet.
5. Eat complex carbohydrates rather than refined ones. This will really help you cope with mood swings.
6. Eat plenty of fresh fruits and vegetables and keep sugar and salt intake low.
7. Drink plenty of water, it will rehydrate your body. Try to keep caffeine consumption to the minimum.
8. Avoid nicotine or any other self prescribed drug.
9. Don’t feel guilty about including a period of relaxation every day. We all need to turn off from time to time.
10. Do something that is creative and helps you relax. Say, listen music, do yoga, meditate, enjoy aromatherapy or any other stress busting exercise.
11. Learn to be more assertive and try to manage your time properly.
12. You can even consider attending a stress management training course.
13. Don’t be afraid to ask for help when you need it.
These are certain steps that can truly help you cope with stress. It will work wonders for you. The choice is yours, if you wanna live with stress or acquire any of these good points to mar the stress out of your life.
Monday, May 24, 2010
Managing A Panic Attack While Your At Your Job Or Business
At times, our worries and anxieties can overwhelm us at our place of work or business. Here is a brief list of techniques that a person can use to help manage their anxious moments at their job or business environment.
When feeling anxious, stop what you are doing and try to do something that will relax you. A person should take a deep breath and try to find something to do for a few minutes to get their mind off of the problem. A person could get some fresh air, listen to some music, or do an activity that will give them a fresh perspective on things.
Remember that our fearful thoughts are exaggerated and can make the problem worse. A good way to manage your worry is to challenge your negative thinking with positive statements and realistic thinking. When encountering thoughts that make your fearful or anxious, challenge those thoughts by asking yourself questions that will maintain objectivity and common sense.
When overwhelmed with worry, a person may encounter a lot of scary thoughts coming at them all at once. Instead of getting upset, remember that these thoughts are exaggerated and are not based on reality. From my interviews with various professionals, I’ve learned that usually it is the fear behind the thoughts that gets us worked up. Ignore the fear behind these thoughts, and your worry should decrease.
Remember that all the worrying in the world will not change anything. I realized that most of what we worry about never comes true. Instead of worrying about something that probably won’t happen, concentrate on what you are able to do. Everything else you can leave in the hands of God.
As a Layman, I realize it is not easy to deal with all of our fears. When your fears and anxieties have the best of you, try to calm down and then get the facts of the situation. The key is to take it slow. All you can do is to do your best each day, hope for the best, and when something does happen, take it in stride. Take things one step at a time, and things will work out.
When feeling anxious, stop what you are doing and try to do something that will relax you. A person should take a deep breath and try to find something to do for a few minutes to get their mind off of the problem. A person could get some fresh air, listen to some music, or do an activity that will give them a fresh perspective on things.
Remember that our fearful thoughts are exaggerated and can make the problem worse. A good way to manage your worry is to challenge your negative thinking with positive statements and realistic thinking. When encountering thoughts that make your fearful or anxious, challenge those thoughts by asking yourself questions that will maintain objectivity and common sense.
When overwhelmed with worry, a person may encounter a lot of scary thoughts coming at them all at once. Instead of getting upset, remember that these thoughts are exaggerated and are not based on reality. From my interviews with various professionals, I’ve learned that usually it is the fear behind the thoughts that gets us worked up. Ignore the fear behind these thoughts, and your worry should decrease.
Remember that all the worrying in the world will not change anything. I realized that most of what we worry about never comes true. Instead of worrying about something that probably won’t happen, concentrate on what you are able to do. Everything else you can leave in the hands of God.
As a Layman, I realize it is not easy to deal with all of our fears. When your fears and anxieties have the best of you, try to calm down and then get the facts of the situation. The key is to take it slow. All you can do is to do your best each day, hope for the best, and when something does happen, take it in stride. Take things one step at a time, and things will work out.
Friday, May 21, 2010
Three Ways To Relieve Stress
Of all the ways to relieve stress, meditation may be one of the best, but what if you don't have the time? What if you are having trouble with your meditation? Try one of the following three good techniques. They don't even require any practice.
Breath To Relieve Stress
If you don't feel like meditating or just don't have the time, you can at least stop for one minute to just breath. Just breath deeply through your nose and let the tension drain from your muscles as much as possible. Give special attention to the tightness in your face and shoulders. Deep breathing, even for a minute, can relax you significantly.
Resolve Your Stressors
As I was sitting here getting ready to write this, something was bothering me. On reflection, I realized I've been putting off making a phone call. I needed to tell a acquaintance that I couldn't testify in court as I said I would. She was disappointed, but as soon as I made the call I felt more relaxed.
Simply making decisions and taking action can be one of the most immediate ways to relieve stress. Take a moment whenever you feel stressed, identify the things in your mind that are contributing to your state, and then do something about them. That's all there is to this simple technique.
Almost. Naturally, you can't resolve everything that is bothering you at any given moment. Still, what you can do is take some action. Indecisiveness, waiting, wondering and worrying cause stress. Even if you just make a list of what you need to do, your mind will often let these things go. Start a list, talk to someone, make a decision - just do something to let the stressor go.
Do Things You Enjoy
On Friday nights, when I play chess at the coffee house, I don't think about anything else for four hours. When you are totally engaged in an activity, there isn't room for stressful thoughts. Fully engaged, though, usually means that it's something we enjoy doing.
While physical activity has some advantages, you can try doing anything that you can put your whole mind into. That could be reading a good book, cooking, or playing with the dog. Notice which activities really engage you and let you drop your worries, and keep that mental list handy for whenever you are stressed. When your passionate activity is also your job or business, this can be one of the best ways to relieve stress.
Breath To Relieve Stress
If you don't feel like meditating or just don't have the time, you can at least stop for one minute to just breath. Just breath deeply through your nose and let the tension drain from your muscles as much as possible. Give special attention to the tightness in your face and shoulders. Deep breathing, even for a minute, can relax you significantly.
Resolve Your Stressors
As I was sitting here getting ready to write this, something was bothering me. On reflection, I realized I've been putting off making a phone call. I needed to tell a acquaintance that I couldn't testify in court as I said I would. She was disappointed, but as soon as I made the call I felt more relaxed.
Simply making decisions and taking action can be one of the most immediate ways to relieve stress. Take a moment whenever you feel stressed, identify the things in your mind that are contributing to your state, and then do something about them. That's all there is to this simple technique.
Almost. Naturally, you can't resolve everything that is bothering you at any given moment. Still, what you can do is take some action. Indecisiveness, waiting, wondering and worrying cause stress. Even if you just make a list of what you need to do, your mind will often let these things go. Start a list, talk to someone, make a decision - just do something to let the stressor go.
Do Things You Enjoy
On Friday nights, when I play chess at the coffee house, I don't think about anything else for four hours. When you are totally engaged in an activity, there isn't room for stressful thoughts. Fully engaged, though, usually means that it's something we enjoy doing.
While physical activity has some advantages, you can try doing anything that you can put your whole mind into. That could be reading a good book, cooking, or playing with the dog. Notice which activities really engage you and let you drop your worries, and keep that mental list handy for whenever you are stressed. When your passionate activity is also your job or business, this can be one of the best ways to relieve stress.
Tuesday, May 18, 2010
Give Yourself a Pay Raise Now!
How would you like to earn more in 2006? Up to $4000 more? The answer is not by earning more, although that can help, it’s by cutting back on your daily expense. We work to earn a living. We live paycheck to paycheck. Never have money left over at the end of the month? Where does it all go? You can probably account for the majority of where you paycheck goes. Housing, car payments, credit card bills, food. But where do all those other dollars go?
You might be surprised how much cash you spend every day without really knowing it. Lets start with your drive to work. Long commute? How much gas do you use a week commuting? Are there ways you can reduce that? Car pool, public transportation? A job closer to home? Do you have to pay for parking? If you have to park in a downtown area anywhere in the county you are probably spending $8-$12 or more per day. Can you find a less expensive place to park even if it means walking a few extra blocks? A job where you don’t have to pay for parking can save you $100-$200 a month.
How about the morning coffee. $30-$40 per month? Do you bring your lunch or eat out everyday? $3-$10 a day is another $60-$200 a month. Don’t forget the snack out of the vending machine and your afternoon soda break. There is another $35 a month.
If you add it up you are looking at spending $300 a month or $3600 a year that it is costing you to work. These are just some of the daily expenses you may have, not including other work related expenses. Now divide $300 a month by how much you make per hour and you will know how many hours you need to work just to be able to work!
You don’t have to give up everything at once but if you start to cut back now when you get your next raise you will have even more money to put away. The easiest thing to do now is simply keep track of your daily expenses for the next few weeks. You may be surprised just how much you are spending. Once you know where your money is going then you can start to cut back.
Don’t get in the habit of going to the cash machine every few days. Once cash is in your hands, you will never know where it went. If you want to keep more of your hard earned dollars start to budget today. You will be glad you did.
You might be surprised how much cash you spend every day without really knowing it. Lets start with your drive to work. Long commute? How much gas do you use a week commuting? Are there ways you can reduce that? Car pool, public transportation? A job closer to home? Do you have to pay for parking? If you have to park in a downtown area anywhere in the county you are probably spending $8-$12 or more per day. Can you find a less expensive place to park even if it means walking a few extra blocks? A job where you don’t have to pay for parking can save you $100-$200 a month.
How about the morning coffee. $30-$40 per month? Do you bring your lunch or eat out everyday? $3-$10 a day is another $60-$200 a month. Don’t forget the snack out of the vending machine and your afternoon soda break. There is another $35 a month.
If you add it up you are looking at spending $300 a month or $3600 a year that it is costing you to work. These are just some of the daily expenses you may have, not including other work related expenses. Now divide $300 a month by how much you make per hour and you will know how many hours you need to work just to be able to work!
You don’t have to give up everything at once but if you start to cut back now when you get your next raise you will have even more money to put away. The easiest thing to do now is simply keep track of your daily expenses for the next few weeks. You may be surprised just how much you are spending. Once you know where your money is going then you can start to cut back.
Don’t get in the habit of going to the cash machine every few days. Once cash is in your hands, you will never know where it went. If you want to keep more of your hard earned dollars start to budget today. You will be glad you did.
Wednesday, May 12, 2010
A Short Guide to Stop Smoking
If you are a long-time smoker and wish to stop smoking, the following guidelines may be of use in quitting the habit. Smoking has long-term health hazards, as reported in news clips and reports. The habit however is a personal decision, and it all depends on how determined a person is, and what level of abstinence can be practiced in order to stop smoking.
People take to smoking for various reasons. It could be the sheer charm of smoking, joining a group, beating stress, soothing and calming nerves, and so on. The reasons for quitting are commonly health related.
There does not seem to be a trick in quitting a habit. It is easy to fall back and start all over again. Perhaps a slow and steady approach can do the trick when more severe methods have failed.
Here are a few words to guide and reaffirm your determination to quit smoking if you wish to do so:
1. If you keep failing, have faith in yourself. You can do it, if others have done it before.
2. It is important to remind yourself of the reasons you want to quit smoking. Write them down and read them regularly.
3. Seek help from others around, the ones you trust, in talking to you about quitting. When others persuade us, it may work better for some.
4. There are medical substitutes available that help people climb down on the amounts.
5. Setting a deadline by the end of which one must quit can help in some cases.
6. Find out which plan works best for you – an immediate stop, a gradual pulling out, or some combination.
7. Knowing and talking to people who have quit smoking can boost your morale.
8. Smoking could be related to poor health and regimen. Change your regimen and see if it can substitute for the need to smoke.
9. Visualize the lifestyle of a non-smoker, and find out why it is positive and good. This will increase the attraction toward the goal.
People take to smoking for various reasons. It could be the sheer charm of smoking, joining a group, beating stress, soothing and calming nerves, and so on. The reasons for quitting are commonly health related.
There does not seem to be a trick in quitting a habit. It is easy to fall back and start all over again. Perhaps a slow and steady approach can do the trick when more severe methods have failed.
Here are a few words to guide and reaffirm your determination to quit smoking if you wish to do so:
1. If you keep failing, have faith in yourself. You can do it, if others have done it before.
2. It is important to remind yourself of the reasons you want to quit smoking. Write them down and read them regularly.
3. Seek help from others around, the ones you trust, in talking to you about quitting. When others persuade us, it may work better for some.
4. There are medical substitutes available that help people climb down on the amounts.
5. Setting a deadline by the end of which one must quit can help in some cases.
6. Find out which plan works best for you – an immediate stop, a gradual pulling out, or some combination.
7. Knowing and talking to people who have quit smoking can boost your morale.
8. Smoking could be related to poor health and regimen. Change your regimen and see if it can substitute for the need to smoke.
9. Visualize the lifestyle of a non-smoker, and find out why it is positive and good. This will increase the attraction toward the goal.
Sunday, May 9, 2010
Energy Conservation Begins at Home
As Americans face rising fuel prices, many are looking for ways to save money and energy in their homes.
The pressure to reduce energy consumption and costs is inspiring homeowners to challenge the relevance of old heating and hot water solutions and consider other cost-effective options, such as wall-hung boiler technology.
Wall-hung boilers have been common in homes throughout Europe for the past three decades and are now emerging as a popular alternative for heating homes and businesses in North America.
Baxi Luna wall-hung boilers, for instance, are helping homeowners throughout the U.S. cut their home heating and hot water fuel consumption in half. These boilers are fully modulating, meaning they start at a preset, high-fire position and gradually reduce fuel output until the heating demand is met. At this point, the boiler automatically shuts off.
Billed as one of the quietest boilers on the market, Baxi Luna boilers are fired by propane or natural gas. No bigger than a kitchen cabinet, a Baxi Luna boiler can be installed in the closet - saving valuable living space in homes of up to 6,000 square feet.
The boiler also is making commercial buildings more efficient. For example, this year a heating specialist in Biddeford, Maine, installed eight Baxi Luna high-efficiency condensing boilers in the City Hall and City Theatre. People living in the city expect the new heating system to reduce fuel use by at least 50 percent and save taxpayers money even in the face of rising fuel costs.
Baxi Luna wall-hung boilers are approved by the American Gas Association and Canadian Standards Association. Consumers can take comfort from the boilers' Energy Star certification (for energy efficiency) and H-Stamp rating (for operating effectiveness).
These environmentally friendly products are quiet enough to install in the back of a large closet, even in the master bedroom. They are ideal for in-floor radiant heating systems and are compatible with any type of air handler, wall or baseboard radiators and custom radiant applications, such as heated towel racks or snow melt.
The pressure to reduce energy consumption and costs is inspiring homeowners to challenge the relevance of old heating and hot water solutions and consider other cost-effective options, such as wall-hung boiler technology.
Wall-hung boilers have been common in homes throughout Europe for the past three decades and are now emerging as a popular alternative for heating homes and businesses in North America.
Baxi Luna wall-hung boilers, for instance, are helping homeowners throughout the U.S. cut their home heating and hot water fuel consumption in half. These boilers are fully modulating, meaning they start at a preset, high-fire position and gradually reduce fuel output until the heating demand is met. At this point, the boiler automatically shuts off.
Billed as one of the quietest boilers on the market, Baxi Luna boilers are fired by propane or natural gas. No bigger than a kitchen cabinet, a Baxi Luna boiler can be installed in the closet - saving valuable living space in homes of up to 6,000 square feet.
The boiler also is making commercial buildings more efficient. For example, this year a heating specialist in Biddeford, Maine, installed eight Baxi Luna high-efficiency condensing boilers in the City Hall and City Theatre. People living in the city expect the new heating system to reduce fuel use by at least 50 percent and save taxpayers money even in the face of rising fuel costs.
Baxi Luna wall-hung boilers are approved by the American Gas Association and Canadian Standards Association. Consumers can take comfort from the boilers' Energy Star certification (for energy efficiency) and H-Stamp rating (for operating effectiveness).
These environmentally friendly products are quiet enough to install in the back of a large closet, even in the master bedroom. They are ideal for in-floor radiant heating systems and are compatible with any type of air handler, wall or baseboard radiators and custom radiant applications, such as heated towel racks or snow melt.
Tuesday, May 4, 2010
How to transfer a retirement account
Make sure you know where you intend on moving your money in advance!
As you probably know, an individual retirement account requires that you decide where your money is going to be invested in order to work with the retirement account. Essentially this is called a "custodian" for your investments. You should generally chose a safe custodian - some of the most common ones are mutual funds, savings accounts, and bonds. While you should definitely be careful as to which custodian you choose for your retirement account, don't worry! You are not stuck with the same investment until you retire.
However, unlike a normal investment, you should keep in mind that you are only allowed to transfer or "roll over" your retirement account once a year. Also, there are some very specific rules that you need to follow. It is generally a good idea to find out how to transfer a retirement account before you even begin to invest in one. That way if you ever need to do a roll over in the future, you'll be ready.
First of all, you should probably have a good idea of where you want to invest the money before you start the rollover process. The reason for this is that after you take the money out of your original IRA custodian, you'll only have 60 days to put it into the new custodian fund. If you take too long, then you will be subject to a large penalty tax - and penalties are definitely not worth the few extra days that you take!
Something to keep in mind is that if you do a roll over, you will need to report that at the end of the year. Just like anything else that is involved with your finances, you should make sure that you keep track of which custodians go with your individual retirement accounts and how much money is in each account.
If you are going to do a smaller transfer from one existing IRA to another, then it is possible that you won't even have to report your transfer. These transfers are also tax-free. This is a good idea if you do not want to change all of your money from one custodian to another, but you think that it would be a good idea to change how much money you have in each IRA.
As you probably know, an individual retirement account requires that you decide where your money is going to be invested in order to work with the retirement account. Essentially this is called a "custodian" for your investments. You should generally chose a safe custodian - some of the most common ones are mutual funds, savings accounts, and bonds. While you should definitely be careful as to which custodian you choose for your retirement account, don't worry! You are not stuck with the same investment until you retire.
However, unlike a normal investment, you should keep in mind that you are only allowed to transfer or "roll over" your retirement account once a year. Also, there are some very specific rules that you need to follow. It is generally a good idea to find out how to transfer a retirement account before you even begin to invest in one. That way if you ever need to do a roll over in the future, you'll be ready.
First of all, you should probably have a good idea of where you want to invest the money before you start the rollover process. The reason for this is that after you take the money out of your original IRA custodian, you'll only have 60 days to put it into the new custodian fund. If you take too long, then you will be subject to a large penalty tax - and penalties are definitely not worth the few extra days that you take!
Something to keep in mind is that if you do a roll over, you will need to report that at the end of the year. Just like anything else that is involved with your finances, you should make sure that you keep track of which custodians go with your individual retirement accounts and how much money is in each account.
If you are going to do a smaller transfer from one existing IRA to another, then it is possible that you won't even have to report your transfer. These transfers are also tax-free. This is a good idea if you do not want to change all of your money from one custodian to another, but you think that it would be a good idea to change how much money you have in each IRA.
Saturday, May 1, 2010
I’m Too Young, I’m Too Old, I’m Almost Old Enough, Should I Have A Retirement Plan?
Yes retirement planning is important for all of us. This is not an easy subject for any of us to talk about, but, we must discuss it sooner rather later!
We want to be able to enjoy our golden years comfortably without having to worry about our finances. Planning your retirement is a crucial key to making this happen.
So, what do I need to do to plan for my retirement? You can start by asking and answering some or all of these questions: How long will it be before I retire? Do I have money already saved for retirement and if so, will it be enough for me to retire on? How much money should I put away for my retirement? How should I invest my money in order to achieve the amount of money I want to retire on? How much money will I need to live on to maintain my present and future lifestyle?
All of these retirement planning questions are important for you to think about in order to have solid retirement planning. Once you have answers to these questions, then proceed to start your retirement savings now!
What are some of the areas I can invest my money in for retirement? Stocks, bonds, certificate of deposits, mutual funds, 401K, IRA, Roth IRA, annuities and many other miscellaneous investment vehicles.
Where can I expect to withdraw money for my retirement? Social Security, savings, pension plans, and your investments from 401K plans, certificate of deposits and other investments.
How much money will I need for retirement? It is estimated that you will need approximately 60-80% of your current income at the time of your retirement. This will allow you to live the lifestyle you are accustomed to having by the time you retire.
When should I start saving for retirement? Now! It's never too early or late to start saving for your retirement. The sooner you start the more money you will have for your golden years to live on.
We want to be able to enjoy our golden years comfortably without having to worry about our finances. Planning your retirement is a crucial key to making this happen.
So, what do I need to do to plan for my retirement? You can start by asking and answering some or all of these questions: How long will it be before I retire? Do I have money already saved for retirement and if so, will it be enough for me to retire on? How much money should I put away for my retirement? How should I invest my money in order to achieve the amount of money I want to retire on? How much money will I need to live on to maintain my present and future lifestyle?
All of these retirement planning questions are important for you to think about in order to have solid retirement planning. Once you have answers to these questions, then proceed to start your retirement savings now!
What are some of the areas I can invest my money in for retirement? Stocks, bonds, certificate of deposits, mutual funds, 401K, IRA, Roth IRA, annuities and many other miscellaneous investment vehicles.
Where can I expect to withdraw money for my retirement? Social Security, savings, pension plans, and your investments from 401K plans, certificate of deposits and other investments.
How much money will I need for retirement? It is estimated that you will need approximately 60-80% of your current income at the time of your retirement. This will allow you to live the lifestyle you are accustomed to having by the time you retire.
When should I start saving for retirement? Now! It's never too early or late to start saving for your retirement. The sooner you start the more money you will have for your golden years to live on.
Subscribe to:
Posts (Atom)