Recommended Investing Reading

How to Invest Money for Retirement

Have you been wondering how to invest money for your retirement? Are you spending hours scouring the web trying to find free investing tips or investing money advice? Will a military retirement pension be enough to support you and your family? Well, look no further because the answers to these and other retirement investing questions are answered right here! The free retirement investing tips, investing articles, financial calculators, and links on this page will help you to increase you knowledge about investing for your future.

Retirement Investing Tip #1 - Start investing money early. Retirement investing is a personal finance topic that military professionals, as well as others, should take the time to understand. The single most important thing to know about long-term investing is START EARLY! Time is your best friend when it comes to investing money for retirement and the earlier you start investing the better. Why is time so important? It's because of a powerful concept called compound interest. Compound interest, like a good wine, gets better with age. The more time you give compound interest to work its magic on your retirement funds, the better your financial results will be. Find out more about compound interest here.

Retirement Investing Tip #2 - Use the internet to help find answers to your retirement investing questions. There are many choices and strategies when it comes to retirement investing. Questions that many people have include:

1. When should I start investing money for retirement?

2. How much should I invest every month or year?

3. Can you tell me how to invest money and what should I invest my money in?

4. Where can I get investment advice? Should I get investment advice?

5. Should I invest in the Thrift Savings Plan or my company's 401(k) plan?

6. Do I need an IRA in addition to my military retirement pension benefits?

7. How much money do I need to accumulate before I can retire safely?

8. Are there benefits to doing my retirement investing online?

There are many different answers to these questions and the articles, links, and financial calculators below can help you find the answer that is "right" for your particular situation.

Retirement Investing Tip #3 - There is no one single "right" investing strategy. You see, a retirement investing strategy that is "right" for one person may or may not be "right" for someone else. The decisions you make will likely be driven by your tolerance for risk, how much money you have available to invest, how long your time horizon is, and many other individual factors. The resources provided here can help you develop a retirement investing strategy that is right for you!

Retirement Investing Tip #4 - Learn the basics of investing money before you get professional help. You may want to consider getting help from a retirement investing professional or financial planner. But before you do, educate yourself and learn some of the basics--it will make your meeting with a financial planner much more productive and may even save you from being talked into something that "sounds too good to be true".

We encourage you to check out the investing articles, financial calculators, links, and free investing tips on this page and on the mutual funds page . We have done the research for you and provide links to some of the best personal finance articles, advice, and resources on the web! Take some time to educate yourself and find a winning investment strategy--it will pay off for you in the long run!

Most importantly, harness the power of compound interest, start a regular retirement investing plan, and begin your journey to financial freedom today!

(We also recommend saving a percentage of your monthly income in short-term accounts such as savings accounts and/or money market accounts. Please check out the saving page to get more information about the importance of short-term savings).

Free Investing Articles

The Power of Compound Interest: How to own Manhattan -by Jeffrey Strain - Inspiration is often found in the most unlikely places. I received my first lesson in the importance of compound interest and long term savings from a pair of training shoes I bought in high school. View full article...

Investing: The Art Of Making Your Money Work For You -by Margaret Marabella- You work hard for your money. Would you like to learn how to make your money work hard for you? The good news is that investing is a learnable skill... View full article...

Preparing to Invest: How to get started - by Tim Gorman - Investments can be a source of great potential earnings. The two most common reasons that a person does not invest are either they do not have the money or they do not know how to get started. These are some ways to prepare for investing and some things to consider before investing. View full article...

It’s Never too Early to Start Investing! - by Scott Pearson - It's never to early to start investing, but where should you begin? The Roth IRA is an ideal vehicle! A step-by-step guide for young investors to begin planning for a stable retirement... View full article...

Investor Guide to Financial Health - by Jonathan Citrin - Four fundamental steps towards financial health. View full article...

Compound Interest: A Powerful Concept That Can Make You Wealthy - by Sean Donohue - Compound interest is a powerful concept which can make you very wealthy if you use it to your advantage. So what is compound interest? When you have money in any interest bearing account...Read More...

Free Financial Calculators
(provided by Bankrate.com)

What will it take to reach your investment goal? This financial calculator lets you input amounts for your current savings, your investment goal, interest rate, and length of investment and then calculates how much additional you will have to invest to reach your goal.

Should you borrow from your 401(k) plan? This financial calculator allows you to weigh the advantages and disadvantages of borrowing money from your 401(k) plan. The calculator figures out how much compound interest you are missing out on by taking the loan.

How much will you need to retire? This financial calculator computes how much you need to have in retirement savings based on your desired level of income in retirement. The calculator takes into account investment rates of return and estimated inflation rates as well as how many years you will spend "in retirement".

How long until you become a millionaire? This financial calculator computes how long it will take you to amass a million dollars based upon your monthly investment amounts. You can also change the "final value" to figure out how long it will take you to reach your goal at your current savings rate.

Military Retirement Calculators (provided by the Department of Defense) Each retirement calculator estimates retired pay during retirement years. You can personalize the inputs to reflect your expectations about your retirement and economic conditions.

Investing Links

Investing Basics: This web page from Bonehead Finance is a great resource written in an easy-to-understand format. Topics discussed include types of investments, risk, and asset allocation. This page also includes some good links to other investment-related and mutual fund sites.

Retirement Planning: The sooner you start thinking about this subject, the better. Successful and early planning will possibly allow you the valuable option of retiring early. Check out this page from Bonehead Finance.

Yahoo! Finance - Retirement and Planning Center: Great site with financial calculators, and information on investing basics, IRA's, pensions, and social security. Also includes financial planning information on investing money for retirement and college and buying a home.

Making Salary Deferral Contributions - This article from Sharebuilder.com discusses the importance of regular contributions to a retirement investing account such as an employer sponsored 401(k) plan or IRA.

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How to Invest Money for Retirement

Free Investing Articles

Free Financial Calculators (provided by Bankrate.com)

Investing Links

Free Financial Calculators
(provided by Bankrate.com)