Putting Money in a Roth IRA Even Though I Have Debt

In the past few years, I've worked hard to contribute the maximum amount allowed to my Roth IRA. I have done this in spite of the fact that I have debt to pay off. Am I making the right decision? It feels like it's the right choice for me. What Is a Roth IRA? In case you're not familiar with it, the Roth IRA is a retirement plan. I am self-employed. Therefore, I don't have a 401(k) through my work. As a result, I need to take responsibility for my own retirement planning. The Roth IRA is the Read more [...]

How to Check if You Can Afford to Retire

You want to retire. After working for all of your adult life, you're ready to move on to something else. But can you afford to retire? There are so many different things to factor in. How can you know if it's really the right financial move to make? Ways to Check if You Can Afford to Retire There are so many different ways to plan for retirement. In fact, with all of the information available to consider, it's tough to know which is the right approach. However, there are a few simple, key ways Read more [...]