I was reviewing some financial calculators I was going to implement into the website and decided to do a little experiment. I went through 5 different scenarios of saving for retirement. I did this for ages 20, 25, 30, 35 and 40. Each person was to get the same returns on their investment, have the same inflation rate, have the same retirement age and live for the same amount of time after they...

After maximizing your tax advantaged retirement accounts, you should use other investments to grow your nest egg. There are numerous ways to additionally invest your money: stocks, bonds, mutual funds, creating your own business, other securities and real estate. As with your entire retirement investments you should focus on diversifying your portfolio to reduce the risk of having all your...

There are many ways to invest for retirement. One effective and smart way is to use tax advantaged retirement accounts. The main purpose of these accounts is to help your money grow faster through reinvesting the monetary gains without being taxed until you withdraw from your account. Depending on the type of account there are also immediate tax benefits. This increases the effects of compounding...