Chapter 1. IRAs and 401(k)s

 

“The question isn’t at what age I want to retire, it’s at what income.”

 
 --George Foreman

Two of the greatest opportunities for retirement investing are IRAs and 401(k)s. Yet many people fail to take advantage of these gifts from Congress. And many of the people who do avail themselves of IRAs and 401(k)s fail to utilize them as best they can. Knowledge is power. Knowing how to maximize the benefits of these saving graces can help make your retirement so much better.

For Want of a Nail (IRA Style)

According to Benjamin Franklin in Poor Richard’s Almanac, “For the want of a nail, the shoe was lost. For the want of a shoe, the horse was lost. For the want of a horse, the rider was lost. For the want of a rider, the battle ...

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