“Portable,” as defined in Webster’s Encyclopedic Unabridged Dictionary, means “capable of being transported or conveyed.” A portable retirement account would allow you to move it from one employer to another without any discernible detriment to you. As a rule, employers in either the not-for-profit or the for-profit sector rarely permit employees to bring retirement plans from previous employers to their new positions. On occasion, Congress has debated enacting legislation that would allow for the creation of individual pension accounts that could be moved from one employer to another. (more…)

Investors everywhere are choosing to go with a physical gold IRA over traditional IRA’s that contains stocks, bonds, mutual funds or money market accounts. Putting physical gold into a retirement account has many advantages, but remember that no investment is guaranteed.

Typically, paper investments, like stocks and bonds, have been used for IRA’s. (more…)

Some people may say that they will never retire, and they say and mean it frankly. But as you know the truth is, most of us do. The heavier physical work or stress in the job, the work is getting harder as we are growing older. Still for some who know this still find that time creeps up on us, so far from us, we will start off the brake. If someone said that he will not retiring, he should make a point to still saving for his own good. A retirement son-to-be friend of mine once said to me: “We had great, great time, lots of money spent on the road during travel, but I can now barely afford to retire. ”

Most financial planning advice is aimed to people who are staring into rearview mirror. (more…)