“Preparation for old age should begin not later than one’s teens. A life which is empty of purpose until 65 will not suddenly become filled on retirement.”
 
Dwight L. Moody (1837-1899)
Founder of the Northfield Schools, Moody Church, and Moody Bible Institute
 
 
Your thoughts on this subject?  Your comments appreciated!
 
 

Start a Retirement Fund Now!
 
 
Start a retirement fund.  If you work for a corporation that has one, use the 401(k) plan.  If employed by a firm with no pension plan, open an Individual Retirement Account.  As a rule, both the contributions to these plans and the earnings are untaxed until you withdraw the […]

Living Far Below
 
 
The only way for you to provide for your later years is to live below your means.  If you want to have any hope of achieving financial independence you must live far, far below your means.  This is not a difficult concept to understand.  Although it is very simple, few people […]

Build a Huge Nest Egg
 
 
You can build a huge nest egg for your later years simply by living below your means.  Does it mean driving a car that should be abandoned in a junkyard?  Not really.  Does it mean eating oatmeal seven days a week and drinking only water?  Not really, but perhaps […]

Retirement Income
 
 
 
Most people will have to replace 70-90% of their current income at retirement age.  Many will want to replace 100% of their pre-retirement income.  Because we are living longer and healthier lives, we can expect to live 20 plus years after retirement and to be more active at an older age than […]