Evolving Personal Finance » Entries tagged with "house down payment"

Will You Ever Reduce Your Retirement Contribution Rate?

Will You Ever Reduce Your Retirement Contribution Rate?

When I think about the retirement savings trajectory of a typical American, I imagine that his rate of saving for retirement increases basically monotonically throughout his life.  In his 20s and 30s he doesn’t save anything; in his 40s he wises up and starts putting money away; in his 50s he panics and saves as much as he can given the lifestyle he’s become accustomed to; by the time he’s about to retire he’s putting … Read entire article »

Filed under: choices, retirement, savings

When to Start Saving for a Mid-Term Goal

When to Start Saving for a Mid-Term Goal

Mid-term goals – what the heck do we do with them?  Kyle and I currently have no mid-term goals, but I’ve put some thought into them this week because of some interactions I’ve had with friends and financial clients.  Some of our peers in NC are looking forward to buying homes!   Mid-term goals take a bit of different thinking than short-term and long-term goals.  For example, the long-term goal of retirement is something we expect to … Read entire article »

Filed under: goals