The Micro Math on Micro-investing
Micro Investing allows you to invest small amounts of money consistently over time. The amount invested is often the rounded-up difference between a given transaction and the next whole dollar. For example, [...]
How to Estimate Your Retirement Nest Egg Needs
A “Nest Egg” is your accumulated savings and investments that you use during your retirement to support your lifestyle. Estimating nest egg needs is an imperfect science and will change over time. But [...]
How to Achieve an Earlier or More Affluent Retirement
If you want to retire before you originally planned, you want a more affluent retirement lifestyle, or you want to build a buffer against a lower-than expected rate of return, you can increase [...]
Retire by Your Goal Retirement Age
In a previous task, you calculated your retirement nest egg number for three different methodologies and wrote it down in the notes section. You may also have used the MoneySwell Retirement Planner to [...]
Increase Retirement Savings Rate to Extent You Can
Based on the items you already completed in the Growth tier, you should be ready and able to increase your savings rate from the percent you previously set. Use the MoneySwell Cashflow Goals [...]
How to Choose Investments for Retirement
For long-term investing you want to find something that is diversified and has low fees. The Vanguard Total Stock Market ETF (VTI) or Vanguard Total Stock Market Index Fund (VTSAX) both meet that [...]
How to Open Your Account
Once you know the brokerage company you’re going with and the account type you’re going to open, actually opening and funding the account is pretty straightforward - just follow the guidance below. [...]
3 Ways to Calculate Your Retirement Number
In the notes for this task, write down all three of target retirement nest egg numbers based on the methods you previously read about here. This includes:4% Withdrawal RuleIncome Multiplier MethodAnnual Spending MethodThen, add [...]
How to Choose Your Retirement Account Type
Once you’ve chosen the company you want to open your account with, you need to choose the account type (or “types” if you’re planning to open more than one) you want to open. [...]
How to Choose a Company for Your Retirement Account
Choosing a company, and the type of account type you’ll use for saving and investing for your retirement is important. Read the guidance and rules of thumb below as you consider your decisions. [...]
in Boulder and San Diego.