With stock market’s recent troubles (although it is on the way to recovery now), and with so many people concerned about their retirement portfolios, it can be tempting to give in to panic. However, it is important to remember that investing is still one of the best ways to grow a retirement portfolio. The markets will eventually recover (and eventually cycle down again), and chances are that you will be okay — if you have been following a plan with a well-balanced portfolio.
Just remember that the lottery is not a retirement plan. No matter the cynical observations about the stock …read more

One of the things that has become rather apparent as we’ve muddled through this recession, caused by a financial crisis, is that the system is designed to protect big financial institutions, and does very little to protect ordinary consumers who are often caught in the crossfire — even if they are doing what they’ve been told is the “right” thing to do. Retirement expert Jane White offers a historical view of the financial situation, as well as insight into what you can do to shore up your own retirement, in her forthcoming book, America, Welcome to the Poorhouse: What YOU …read more

Not too long ago, I was introduced to Lending Club. I find it an intriguing way to invest, and have enjoyed buying a few notes. While P2P lending isn’t for everyone, I think that there are benefits to the process for those who are interested in helping others while making a return — as long as they can stomach the risk that comes with such an investment.
Funding an IRA through Lending Club
I was interested, therefore, to learn that Lending Club now offers an IRA option. You can fund a retirement account through Lending Club. Here is something from an email …read more