Desire To Retire Logo  
rss icon
The Number One Gateway To Retirement Information
H.W. Lewis once said that ‘Those who are unwilling to invest in the future haven't earned one’
 
How do you define retirement? Is it a distant dream or have you started planning for retirement already?
 
Most financial experts suggest that the right time to start retirement planning is in your late 20’s allowing you to fully harness the power of compounding. Regardless of your age however, retirement planning is essential and can save you a lot of trouble later.    
 
So, if you didn’t start your retirement planning in your 20’s then DesireToRetire.com can to help you get started now.
 
 
question markIs Now the Time to Convert Your Traditional IRA to a Roth IRA? By Rob Jupille
With great adversity comes great opportunity. While nobody likes to see the account balances in their IRA drop 40% or more, the reduced value in your IRA may make it an opportune time to convert your Traditional IRA to a Roth IRA since it will cost you much less in taxes than it would have in any of the past 4 years.

Traditional IRA vs. Roth IRA Basics

A Traditional IRA allows you, with some limitations, to deduct your IRA contribution when you make it. Over time, your account grows tax-free until you start taking distributions. Once you begin to take distributions, the amount you take each year after age 59 ½ is taxed at your rate at your current income tax rate.

A Roth IRA on the other hand, does not provide you with an up-front tax deduction. Like the Traditional IRA, your account grows tax-free but, unlike a Traditional IRA, when you take distributions there is no tax liability.  Read more
 
Thinking Long-term in a Short-term World
the futureBy John Vespasian
Undoubtedly, we live in a short-term world. If you work for a company that is listed in the stock market, you will feel the pressure to reach monthly targets. Financial results have to be reported every quarter to shareholders and rightly so. There is no escape.

If you are a movie distributor, you watch the weekly box-office receipts like a hawk. You want to know which kind of movies are doing well these days. Historical romance? Vampire stories? Is there a trend that you can follow? When a film goes into theatrical release, the first weekend is decisive. There is no choice.

Are you opening a retail outlet? You need a powerful campaign in order to make sure that shoppers come to your store on day one. Cash-flow targets must be reached on a weekly basis. If results fall short of expectations, the location might be reconsidered. If the store does not become profitable quickly, it might be shut down. There is no option.  Read more
 
We have the internet's best retirement calculators!  Click here  to try them out.
AccountNow Prepaid Visa® CardThe new way of reducing your debts – Prepaid debit cards By Henry Martinez
Today, paying bills or purchasing some things even if you're in a place that is beyond the usual is very easy and fairly quick. This is the price of having the internet. The World Wide Web has helped us change the way we do things. One of the benefits of having the internet is to help us easily transfer knowledge and becoming more efficient in each passing day. Now, the information is easily known right in your fingertips. And all you have to do is click some keys as well as you can also get an access to almost everything you wanted to know.  Read more
 
Glossary of financial & retirement terms
 
Stop Foreclosure with a Loan Modification
loan modificationBy Jamie Hanson
Stop Foreclosure helps the borrowers who cannot make loan payments and hence helps them save their home from foreclosure. If any homeowner has a fear of loosing his/her home, he/she has a wide choice to help him save his home from foreclosure. Whatever may be the situation of the borrower the financial institutions offer great help to them and hence stops foreclosure on their home.  Read more
 
Retirement Considerations
 
Online Broker Comparison - Questions Every Investor Should Ask  By Jacob Wright
online brockersWhat kind of investor are you? Are you an active trader, a buy and hold investor, or do foreign markets interest you? Finding out what kind of investor you are is the first step in comparing discount brokers. Each online broker you work with will have a specialty they’ve built their business around. Some specialties include customer service, mutual fund management, low cost trading, real time tools, user friendly interface, or having a network of traders interact with each other. Which of these specialties is the best? The best broker is one that fits your needs.

The best broker comparisons highlight the differences and make suggestions based on what kind of investor will be using the service. Some comparisons are worthless because they are comparing apples and oranges and they fault the apple for not being an orange. Each company is different and they have grown in different ways. For the majority of investors most online brokers have all the services they could possibly ever need. With that in mind what are the main areas to compare.  Read more.
 
 
 
Simon VolicReal Estates: Finding Great Deal in Today's Real Estate Market  By Simon Volkov
'Real estates' is a common misspelling for 'real estate'. Regardless of how it's spelled, one thing is for certain – real estate is a hot topic of conversation. Recent newspaper headlines claim housing prices will continue to fall until the end of 2010. Homeowners can't decide if they should bail out now or try to weather the storm.

Real estates can refer to a wide range of properties including residential, commercial and raw land. Real estate can also encompass people or organizations that purchase properties for profit or non-profit purposes, such as Habitat for Humanity.
Read more

Are You Aware Of These Reasons To Rollover A 401k To An IRA?  By Gordon Hall

401kThere are several reasons to rollover a 401k to an IRA, but the most common one is a job change. Generally, 401Ks are not transferrable from one company to another. Different 401Ks may be available, but people often choose simply to switch to IRAs, particularly if they are interested in self-directing.

The disadvantages of changing from 401Ks to IRAs include: Lower allowable annual contributions No employer contributions Even small business, with only a few employees, have taken to offering 401Ks, as recent changes in the tax laws made managing the accounts a little easier. Some self-employed people have opened 401Ks, as well. Read more