The Difference Between a Roth IRA and an IRA

  The Roth IRA and an IRA both offer different tax advantaged ways to save for retirement. If you are serious about your retirement plan take these 5 Easy Steps to Retirement. Roth IRA   In 2019, investors are allowed to fund a Roth IRA up to $6,000 per year. Additionally investors age 50 and … Read more

True Confessions

 

Hand on Book

Sorry for the dramatic headline.  Most of you that know me are aware that I’m pretty conservative and not one for grandstanding.  Don’t worry—I’m definitely not qualified to write for the National Enquirer, and no, I won’t be discussing the Kardashians.

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7 Habits of Highly Effective People That Want to Retire

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA

age-old wooden trunk with treasures

1) Start Early

 

Do you want to increase your chances of retiring at a reasonable age? Start early. As The Rolling Stones said, “Time Is On My Side.” Well said.  Don’t kick yourself for not starting earlier. You can’t turn the clock back. Just begin where you are now.

 

2) Live Beneath Your Means

 

This goes without saying. Which is why it needs to be said. To get to your retirement, you’re going to need to have some assets and income.  Don’t fall into the trap of trying to keep up with the Joneses. Live beneath your means and get to the retirement finish line long before the Joneses.

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