5 money moves for retirement savers

From bond strategies to dividend plays, here are some key maneuvers you should consider making early this year.

 of 7
 of 7

VIDEO ON MSN MONEY

11Comments
Feb 6, 2014 1:52PM
avatar
Insert generic "BLAME EVERYTHING ON OBAMA REGARDLESS OF ARTICLE TOPIC" here! 
Feb 9, 2014 12:20PM
avatar
Hmmm...one important item missed as far as reviewing your retirement savings - no time like the present to kick contributions up a percentage point. It isn't often we hear people complaining that they saved too much. If you increase regularly, you may even realize the luxury of being able to choose an earlier retirement date. 
Feb 6, 2014 11:04AM
avatar
Another year and I should have permanent residency in Costa Rica. You can draw 13% on CDs for 9 mos. at some banks and the two national banks pay over10% a year. The national banks offer the security of the equivalent of FDIC in the States. This should be a smart money move, better than the U.S. Friends who have lived here for many years live off their savings accounts. Don't put all of your money in any one place.
Feb 8, 2014 9:58PM
avatar

If you have a manager make certain that he/she has a fiduciary obligation to you, otherwise you're just dealing with another broker who'll just rip you off selling the next greatest thing to come along and pays him a high commission.


Stash some cash, not a little but a serious enough amount that you can ride out a crisis of 2 months or more and not be broke.  I stashed enough for 6 months, some of it is in gold and silver coin.


Find an independent safe/security deposit company, avoid banks, that you can access 24/7.  Some banks will no longer allow you to store cash in safe deposit boxes.

Mar 5, 2014 12:51PM
avatar

Hey grumpy...

If the shoe fits.....

Feb 8, 2014 9:48PM
avatar
Whatever you choose, don't rely on the US government to take care of you during retirement.  In 10+ years they won't have the money - not even your SS that you have been paying into all these years.  Also, similarly, don't keep your investments in the form of Dollars, because they are tied to the US government to manipulate at will.
Feb 5, 2014 11:01PM
Feb 8, 2014 9:32PM
avatar

Smart money move...................... move to a free country!

Oh wait.  we were the last one.

Revolution, anyone?


(this comment posted to make 'gumby' happy)

Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

RECENT QUOTES

WATCHLIST

Symbol
Last
Change
Shares
Quotes delayed at least 15 min