Retirement

How Are You Planning for Retirement?

January 17, 2012

Good Morning DINKS.  We are all working towards our own personal financial goals and for some of us one of those personal goals may include saving for retirement.  But what does that really mean? For some people saving for retirement means saving what they can afford to save now and for some people saving for [...]

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Retirement Planning For Two

December 27, 2011

Good Morning DINKS.  We are almost at the end of the year and that means that we are all a year older and also a year closer to our retirement. Is retirement on your personal financial plan? What does Retirement mean for You? Retirement can mean a lot of things for different people.  For some [...]

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Are You Counting on Social Security?

October 4, 2011

Good Morning DINKS.  My 31st birthday is quickly approaching (October 9th) and that means that I am soon to be one year older, and soon to be one year closer to retirement.  If you have been working since you were 16 years old like I have been, then you have also been contributing into our [...]

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How to Diversify Your Retirement Portfolio

September 28, 2011

There is no better time than the present to review our Personal Retirement Portfolios.  The end of the third quarter is quickly approaching and we will soon be receiving our September 30th account statements in the mail. We have always said that Investing is a personal decision.  You don’t have to be a Personal Finance [...]

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A Day in the Life of a Retiree

August 8, 2011

Good Morning DINKS! It’s time for the next post in our A Day in the Life Series.  We have already experienced a Day in the Life of an Intern, a Job Seeker, and a Banker This is a Day in the Life of a Retiree Jason, our Retiree, retired one year ago in July 2010 [...]

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DINKS Friday Retirement Roundup

June 10, 2011

Happy Friday DINKS! Our retirement savings strategies are very important for our financial future.  We all work at our jobs, and save our money, in hopes of eventually retiring with enough money to live comfortably. We have rounded up the best retirement posts from around the web that discuss everything from setting realistic retirement goals [...]

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The 7 Aspects of Financial Planning

June 6, 2011

There are 7 aspects to a profitable financial life that require planning for our retirement. These 7 aspects can be summarized into Four Categories; Investment Planning, Tax Planning, Retirement Planning and Estate Planning. All of our investment decisions should either directly or indirectly involve one of the 7 aspects of financial planning.  Our retirement goals [...]

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401k Friday Roundup

March 11, 2011

Happy Friday DINKS.  It’s that time of the year again…time to file our taxes.  One savings strategy for both our taxes and our retirement is investing into our 401k, or our RRSP for our Canadian DINKS. There are several types of 401k plans available to investors.  The most common type of 401k is a company [...]

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Retiring With a Mortgage

December 14, 2010

As we grow older, so do our parents.  As we move out from our childhood homes our parents have become DINKS-Again.  It is becoming more and more common for our parents to retire and sell their home for various reasons. My father is currently thinking of downsizing. He says that it is because he is [...]

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The Differences Between a Traditional and Roth IRA

October 5, 2010

You may already know that IRA stands for Individual Retirement Arrangement (it was formerly called an Individual Retirement Account). It’s a special tax-advantaged investment vehicle that’s available to the vast majority of Americans. But do you know whether a traditional or a Roth IRA is best for you? I’ll explain the basic differences between the [...]

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