Category: Retirement

Who Wants To Be A Millionaire? »

By Dy Phan on Jun 18, 2007 in Investing, Retirement, Financial Planning | 2 Comments

If you save and invest money every month, you will become a millionaire at some point. As Einstein put it, compound interest is the “eighth wonder of the world.” It all depends on how much money you currently have, how much interest that money will earn (the tricky part), and how much you can save […]

What Should I Do with My Roth? »

By Dy Phan on May 18, 2007 in Investing, Retirement | 0 Comments

A friend of mine who’s 24 years old, recently asked me for advice on what kind of investments he should pick for his Roth IRA, especially since he doesn’t want to spend time reading and researching.
First of all I think my friend mentions a very important aspect of an IRA. A Roth IRA (or a […]

10 Reasons People Retire Poor »

By Dy Phan on May 18, 2007 in Investing, Retirement | 3 Comments

Personal Finance Advice posted a lot of things that you could do to negatively affect your retirement and most of them have to do with not beginning early enough or putting money towards other things besides retirement. Here’s my take on them

Setting money aside for college ahead of retirement Although every parent wants […]