Michelle Samford Parks

37 Flips | 4 Magazines | @michellepar3hul | Keep up with Michelle Samford Parks on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Michelle Samford Parks”

Tips for Finding a Job With a Good Retirement Plan

• Share<br>• Flip<br>• Pin<br>• Share<br>• Email<p>Updated January 08, 2018<p>For job hunters lucky enough to have more than one employment option to choose from, it’s important to …

Retirement

How You Can Retire as a Middle-Class Millionaire

It may or may not be enough to retire on, but a $1 million nest egg can be achieved by many families living on middle-class incomes. It takes …

Retirement planning: How not to outlive your money

Shortly after my great-uncle and great-aunt retired, they came up with what seemed like a foolproof plan.<p>They would take the modest pension that my Uncle Jim had accumulated since emigrating from Scotland, sell their house, and say goodbye to brutal Lake Erie winters forever. As my Aunt Mary told …

Need Retirement Income? Here's the Hottest Thing Out There

Sales of fixed annuities are surging as income-strapped retirees seek ways to rescue their retirement plans.<p>Annuity sales are exploding higher as …

5 Actions Today For A Secure Retirement Tomorrow

<b>Plan Now to be Ready for Longevity</b> <br>Longevity is a reality that we all must plan for. A 65-year-old man has a 50 percent chance of reaching age 87, a woman has a 50 percent chance to reach 90, and both are likely to live much longer if they are married.1<p>To accomplish the retirement you want—even one …

How to Insure Your Retirement Like You Do Your Car (Almost)

You can insure your home and car from disasters and accidents. Life insurance essentially protects your family from the loss of your income should …

The 7 Retirement Mistakes That Finance Experts Tell Their Clients to Avoid

As a future retiree I start from where my financial situation is today, not as I would like it to be. That I accept that fact does not in any sense undermine my future goals -- but it is necessary to begin where I am today, if I am to change it to where I want to be. That means listening and …

Retirement Frequently Asked Questions and Answers

• Share<br>• Flip<br>• Pin<br>• Email<p>Updated February 22, 2018<p>Retirement planning can be confusing and it can be difficult to know where to start. From starting your …

Solo-k: Smart Retirement Planning for Self-Employed

How Do Companies Boost 401(k) Enrollment? Make It Automatic

More Americans are saving for retirement through their employers' 401(k) programs. That's because in recent years they've been given a strong nudge — more companies are automatically enrolling workers in retirement savings programs.<p>Some firms are also automatically increasing the amount employees …

Working Together to Improve 401(k) Plans

In 401(k) plans, many Americans’ only retirement vehicle, people have to be their own financial planners. Yet because their employers don’t provide …

It's Time for a Little 401(k) Spring Cleaning

Now's the time when you're likely tidying up the garage, paring down your closet and dusting off the attic shelves. While you're at it, don't forget to clean up one of your most important assets -- your workplace 401(k) plan. Throw away the notion of "set it and forget it," and take a few moments …

401(k) loans: Pros and cons

Tapping your tax-advantaged retirement savings seems like a desperate financial move (because it is), yet also a sound one in specific circumstances. Best know what you get into with 401(k) loans in terms of time, payback and risk.<p>Many holders of 401(k)s do in fact tap their accounts. According to …

Calculating how much to put into a 401(k)

<b>Dear Liz:</b> Lately I have been reading a lot about how people aren't saving enough for retirement. Every article I read talks about the need to put enough into employers' 401(k) programs to get the maximum possible company match. What do you do when your employer doesn't match your</b> …

The 5 Best And Worst States To Retire (Maybe)

The folks at Bankrate.com have just released their annual list of The Best States to Retire — and, flipped on its head, The Worst.<p>You’ll likely be scratching <i>your</i> head when you see which states ranked as The 5 Best and The 5 Worst. I did.<p><b>The Best States to Retire</b><p>The Top 5 States to Retire, which are …

In The 1%? Congratulations, You Can Never Retire

A great thinker once wrote:<p><i>An entry ticket to the 1% starts with an annual income of about $394,000 (says Berkeley’s Emmanuel Saez) or about $1.5 million in liquid assets (my zestimate). Post-tax and retirement savings, that’s about $220,000 a year while they are working. These are national norms.</i> …

Creating Guaranteed Income In Retirement

Whether you’re on the threshold of retirement or still decades away, you know that funding retirement will be far different than it was for your parents or grandparents. In previous generations, companies paid pensions which, when coupled with Social Security, meant many families didn’t have to …

WSJ Live | Hulu

WSJ Live is currently unavailable to stream on-demand, but may be available on Hulu with Live TV depending on regional availability. Try Live TV for …

7 Reasons Not To Pay Off Your Mortgage Before You Retire

Many people, including myself, dream of having a “mortgage burning” party the week they retire. The very thought of making my last mortgage payment makes me jump for joy. No mortgage payment means peace of mind, freedom and a strong sense of security. But is it a false sense of security?<p>Given …

Turn Doctor Bills Into Retirement Income

Would you like a triple-tax-free form of retirement saving? By that we mean:<p>(1) You get a deduction when you put the money in.<br>(2) It compounds tax free.<br>(3) It comes out tax free.<p>The powerful tax-saving vehicle is a health savings account. An HSA is a kitty, funded by you and/or your employer, that …

How to save for retirement in 2014

Lower fees and increased matching in retirement accounts are just a few of the better benefits you can look for in 2014.

5 critical retirement investing mistakes to avoid

You might not be able to teach an old dog new tricks, but you might be able to train your brain into doing right by your money.<p>And that’s especially …

How to Save More for Retirement in 2014

U.S. Faces Retirement Time Bomb as Freelancers' Ranks Swell

<i>By Chris Taylor</i><p>NEW YORK -- Ask self-employed workers about retirement savings, and a shocking number give exactly the same answer: "What retirement …

It's Time For A Rewrite Moment For Retirement

<b>By Chris Farrell, Next Avenue Contributor</b><p>The power of storytelling is vastly underestimated when it comes to our economic beliefs, approach to managing money and other aspects of everyday life.<p>I saw this a few months back, at the Gerontological Society of America’s annual meeting, when Jacquelyn …

Do you really need a million dollars by the time you retire?

If you haven't yet become serious about saving for retirement, it might have little to do with your procrastinating ways. Maybe you simply don't know how much money you really need after your career.<p>That's what Tony Maiorino, vice-president and head of RBC Wealth Management Services in Toronto, …

Four ways to make saving for retirement easier

If there's one thing to know about planning your retirement savings this year it's this: it's not getting any easier.<p>Apparently that's what a growing majority of Canadians think. New surveys from both the Bank of Nova Scotia and Bank of Montreal show that a dwindling percentage of people plan to …