Carnival of Retirement – 14th Edition

By | April 9, 2012

Welcome to the 14th edition of the Carnival of Retirement. If you would like to submit for next week, you can use this submission form. Next week will be hosted by Investors WatchDog.

This week there were a lot of great articles that featured the benefits of a Roth IRA. In light of this fact, I’ve chosen to feature those great articles, while also including the many other great articles following those about Roth IRAs. For those who don’t have a Roth IRA, it really is a great way to save for your retirement. It shouldn’t be the only way you save money for retirement, but it is important to consider. My wife and I currently max out our Roth IRA’s each year.

Roth IRA

Eric J. Nisall @ DollarVersity writes Opt For A Roth IRA Now For Tax Savings Later – You may have heard, Roth IRAs are a great way to invest for the future. And if you haven’t heard of it before, do yourself a huge favor and look into it!

Khaleef Crumbley @ Fat Guy, Skinny Wallet writes Why A Roth IRA Is Better For Us Than A Traditional – A Roth IRA is a powerful tool for saving toward retirement Find out why we chose this option over a Traditional IRA, and see if this move is right for you!

Kay Lynn @ Bucksome Boomer writes To Roth or Not: An IRA Decision – One of my short term goals is to open an IRA account this year as another vehicle for retirement savings. One of the first decisions to be made is whether to open a Roth or traditional IRA account.

Khaleef Crumbley @ Faithful With A Few writes Roth Vs Traditional IRA: Which One Is Best For You? – Roth vs Traditional IRA is an important distinction By understanding the differences, you can increase your retirement nest egg by hundreds of thousands of dollars!

YFS @ Your Finances Simplified writes An in-depth view on Roth vs. Traditional IRA – Since the conception of the Individual Retirement Arrangement (IRA) in 1974 from the Employment Retirement Income Security Act (ERISA), it has helped thousands of individuals to save money for a comfortable retirement.

Lorillia @ Your Money Mentor writes How to Contribute to a ROTH IRA with your Tax Refund – Contributing to a ROTH IRA using your tax refund.

Other Great Articles

Dr. Dean @ The Millionaire Nurse Blog writes 24 Stupid Things People Do With Their Money! – Have you ever done anything stupid that cost you money? Check out my list of stupid things not to do and see how well you’re doing.

MMD @ MyMoneyDesign writes Which is Better – Term or Permanent Life Insurance? – Part 2 – Should you buy cheaper Term insurance that will expire or the more expensive Permanent insurance that is guaranteed for life? Let me share with you two real quotes I received, and we’ll crunch the numbers to figure out which one is the better alternative.

Ryan @ Early Retirement Investments writes Demand for Rental Property and Residential Contracting is Expanding – Lately, it seems like the demand for rental property and residential property are on the rise! Read how these areas are expanding

Jason @ Work Save Live writes 3 Words to Start the Week Off Right – ROCK CHALK JAYHAWK! I couldn’t resist the opportunity to throw out some love to the 2012 KU Basketball team! A season that started with minimal expectations has turned into something that ZERO Jayhawk fans could have fathomed. A lineup that consists of ZERO McDonald’s All-Americans.

101 Centavos @ 101 Centavos writes A Labor Shortage? Surely You Can’t be Serious… – China running short of people? But they’ve got a billion and a half people over there. Surely you can’t be serious… I am serious, and don’t call…

Daniel @ Sweating the Big Stuff writes Why I Already Won The Lottery – I did not win the lottery over the weekend, but, I feel pretty lucky anyway.

Evan @ My Journey to Millions writes If You Can’t Beat Them, Join Them – If you believe that the rich get richer, why not just invest in them instead of against them? …I am talking about investing with Billionaires! How? By following the Billionaire Index.

Sean @ free Snatcher writes 5 Tips to Help you Become Debt Free – Eliminating your debt is the first step to becoming Financially free. Here are 5 steps to painlessly become debt free. Thanks for your consideration.

Aloysa @ My Broken Coin writes Five Lessons on How To Survive in a Ghetto Apartment – From day one I slowly started to learn what was appropriate and what was not in my (hood). Over time I acquired a set of certain survival skills that came in handy for a single girl who found herself living alone in a ghetto apartment.

Peter @ Bible Money Matters writes Lending Club Returns Continue Upward Trajectory at 11.61% – My Lending Club account continues to show improvement month over month as my returns are now up to 11.61%. I’ve been extremely happy with my returns since starting with the site, and as my strategies evolve, my returns have continued increasing. I’d highly recommend adding Lending Club to any person’s diversified portfolio of investments.

Shaun @ Smart Family Finance writes Should Families Buy a House or Rent an Apartment: Why Home Equity is Overrated – Every time you assume your home’s market value as the equity you command you are overestimating your net worth.

Crystal @ Budgeting in the Fun Stuff writes House Hunting on Pause – It was a short daydream, wasn’t it? Just last week I was talking about house hunting and now I am back to my original thought, no way.

krantcents @ KrantCents writes Why Did I Start My Business? – Why did I start my business? I wanted to know if my reasons matched theirs. I wanted to know if I was like Warren Buffett, Steve Jobs, or Bill Gates.

John @ Married (with Debt) writes Have Free Banking Accounts Gone the Way of the Dinosaur? – It’s over. The days of free checking have gone the way of the free “check under your hood and wash your windshield” at the service station.

Don @ MoneySmartGuides writes The End of Buy and Hold? – I received a free one year subscription to Money Magazine for buying something (I can’t for the life of me remember what it was). In any case, there is an article that interviews Andrew Lo from M.I.T.

Wayne @ Young Family Finance writes Purpose of Budgeting – Are you left wondering why you should budget? Find out the purpose of budgeting and whether it’s important for you.

Jen @ Master the Art of Saving writes 6 Free Financial Resources & Tools to Improve Your Finances – If you’re interested in monitoring or improving your finances, then you probably don’t want to be spending money to do it. That would just be silly and………

Amanda L Grossman @ Frugal Confessions writes The Groundhog Day Financial Lesson I am Doomed to Live Over and Over Again – Have you ever had a lesson in life appear over and over again, and you feel as though you are doomed to attempt to learn it for the rest of your foreseeable

Corey @ 20s Finances writes How to Save Money in Your 20s – Have you ever felt like it is hard to save money as a young adult? While I have already talked about why it is difficult for young adults to save money, it doesn’t mean it is impossible. If you are in college and wondering how to put money aside, saving money may not even be a question because of the massive amounts of college debt that you are facing.

Luke @ Learn Bonds writes Treasuries head south as US stocks end best Q1 in more than a decade – All you need to know about today’s bond market action with commentary on top moving stocks as well.

KT @ Personal Finance Journey writes 5 Ways to Save on Interest on Student Loans – The average college student graduates with $25,000 in student loan debt. Many more students have higher balances than this. If you are repaying your student loans, there are several strategies you can utilize to pay less in student loan interest. Consider the following: Automate your payments.

Eddie @ Finance Fox writes Getting Rich Is A Two Sided Equation – Budgets are not a drag, at least not to me, and it shouldn’t be to you either. A budget is like a wing-man to your money. When put together to work, they’re a great one-two punch.

Sicorra @ Tackling Our Debt writes Let’s Talk Money – The Series – With Karl – Karl at CultOfMoney was this week’s guest for the written interview series titled Let’s Talk Money. Karl shares his personal view points on saving money, spending money and building up a healthy retirement fund. Check out this post to see how he saves 40% of his after-tax income.

Corey @ Steadfast Finances writes Benefits of an Adjustable Rate Mortgage – Have you ever considered an adjustable rate mortgage? Find out the benefits and whether it is right for you.

SB @ Finance Product Reviews writes MB Trading Brokerage Platform Review – MB Trading the unsung hero of the brokerage world. 7 times best brokerage award winner. Read this review to learn more about it

SB @ One Cent at a Time writes What is Obama Care and How Does it Affect Us? – In-depth analysis of President Obama’s health care reform bill, fondly called Obamacare. Is it going to change the present health care chaos around us, or it’s blow to your freedom and liberty?

Jeremy Waller @ Personal Finance Whiz writes Do You Have What It Takes To Be Debt Free And Financially Successful? – No. You probably don’t. You see there’s a reason that the majority of people are in debt. There’s a reason why the average amount of credit card debt per household is $15,956. There’s a reason why the average American consumer has a total of 13 credit obligations on record at a credit bureau.

Jon the Saver @ Free Money Wisdom writes Six Questions About the Federal Income Tax – These are six questions you should ask yourself when it comes to the federal income tax. Make sure you’re not overpaying the government!

Jeffrey @ Money Spruce writes Money Rules Book Review: A Quick Guide to Finances – I recently checked out the new book Money Rules: The Simple Path to Lifelong Security by Jean Chatzky. It’s modeled much like Michael Pollan’s Food Rules with many one-page “rules” that give short but useful tidbits of information.

Suba @ Broke Professionals writes Perfectionism On The Job: What It’s Costing You – I was a perfectionist – until the world’s worst day at work made me realize what I once considered my greatest strength on the job was actually my biggest weakness.

A Blinkin @ Funancials writes I Don’t Want To Be Debt Free – Did you do a double-take when you read this title? Considering a lot of my readers are personal finance bloggers, I’m guessing yes; especially since the majority of personal finance bloggers see debt as an unnecessary evil.

MR @ Money Reasons writes Benefits of Blogger Carnivals – This article is all about the benefits of blog carnivals. I list the reasons why you should host and submit your articles to blog carnivals.

Pat Huddleston @ Investor’s Watchblog writes Academic Study Confirms IW Observations – Scary information from an academic study possibly about your financial adviser

SFB @ Simple Finance Blog writes Size Doesn’t Matter: Why Bigger Isn’t Always Better – American culture seems to suggest that bigger is better – but I’ve found three cases where size doesn’t matter when it comes to your family’s finances

Daisy @ Add Vodka writes Taking Care of Clothes – I somehow doubt it’s a secret that I have a large wardrobe. I love clothes, and they really are to blame for my spending problems in the first place. A world without fashion would be a world without fun.

PITR @ Passive Income To Retire writes Real Estate Investing Is Back On the Table – Find out what makes real estate so attractive to investors and why there will always be a demand for rental properties.

Kyle @ The Penny Hoarder writes Enter to Win our April iPad Mania Giveaway! – WELCOME TO THE APRIL iPAD MANIA GIVEAWAY!!! The Penny Hoarder has teamed up with Bay Area Mommy a number of other bloggers to bring you this amazing chance to win the two hottest tablets in the market today! Grand Prize: The New iPad (or $550 cash) Second Prize: Kindle Fire (or $200 cash)!

Tushar @ Start Investing Money writes Filing for Bankruptcy – How Retirement Accounts Are Affected – This Post was Originally published at Filing for Bankruptcy – How Retirement Accounts Are Affected on Start Investing MoneyBankruptcy is a horrible thing to endure, but in these uncertain economic times, it is becoming an all too common occurrence.

Steve @ Money Infant writes Living Like a King in Bangkok – I thought that before I give you some insight into my own Bangkok budget I would put to rest the rumors of living like a king on $5000 a month in Bangkok.

Hank @ Money Q&A writes My Favorite Financial Tools That I Use – From time to time, I’m asked about which financial products I personally use and which I would recommend to others. I have finally listed many of the financial resources, firms, services, and products that I personally use and recommend.

Busy Exec @ The “Busy Executive” Money Blog writes Why Retirement Worth is more important than Net Worth – Your net worth is more of a calculation of wealth if you were to die and all of your assets were liquidated to pay off all of your debts. Since most of us want to be around and actually enjoy our retirement years, we need to focus on our “Retirement Worth”.

Boomer @ Boomer & Echo writes Personal Money Management – Personal money management is a skill that can be learned, developed with practice and enjoyed like other skills.

Kevin @ Thousandaire writes The First Step to $1 Million of Net Worth – A 20 year old reader sent me an email asking me how to approach his finances. Get rid of debt and start a Roth IRA are the two first steps.

Ashley @ Money Talks Coaching writes Skipping the Mortgage Payment to Pay the Car Loan? – I read this article the other day about the order in which people pay their bills, or rather, the order in which they do not pay their bills.

Roger @ The Amateur Financier writes Should You Worry About Leaving Your Children an Inheritance? – A discussion of the concept of inheritance, wondering whether it is even a good idea to consider inheritances as you plan for your own retirement and financial future.

Matt @ Living in Financial Excellence writes It’s Never Too Late to Change Your Financial Future – You can change; the decision is up to you. Of course it would have been better if you would have started to contribute to your 401(K) twenty years ago. It would have been better if you had cleaned up your student loan mess before you got married. What happened in the past happened in the past, but you can decide to change your future today!

Kari @ Small Budget Big Dreams writes Dear HR, Where’s my 403(b)? – If HR has ever messed up your retirement contributions, you’ve likely already learned the investment lessons I just learned.

Kraig @ Young, Cheap Living writes How To Get Started with – This article outlines the overall concept of and the basics of how to use it. It looks at how it displays and calculates your net worth when you connect it to all of your financial accounts. This post also describes Mint’s budget functionality and how to create and manage a budget using it.

Jefferson @ See Debt Run writes 401k Loans : The Good, The Bad, and the Ugly – Many years ago, I switched jobs before finishing payments on a 401k loan. This example shows the good, bad, and ugly about 401k loans.