Retirement Planning Is A Life Long Endeavor}

Retirement Planning is a Life-long Endeavor


Michael S. McGee

The important thing is to be focused on your objective while you keep moving in the right direction.

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Slow and Steady

Start with a small savings account; deposit the minimum amount that the bank will allow without charging fees. Some banks don’t have a minimum as long as you have a checking account too. Check around. Small deposits are better than none at all. If you think you are unable to save money because your bills exceed you income, think again. What if you just deposit $1.00 to your savings account this week? Maybe you will have a good week and be able to deposit $5.00 next week. Every little bit helps. If this is all you can do right now, your goal is simply to have more in your savings account than you had before.

Do not be discouraged if you are not able to save a lot when you are young. The important thing is to be disciplined enough to save whatever you can. If your bills exceed your income, you won’t be able to pay them all anyway! You might as well hold back a little for yourself. Of course things cannot go on this way forever. You will need to look for ways to cut back on expenses while also searching for better employment.

Picking up the Pace

As you get into a good habit of saving money and things improve; you get a raise or complete your education to become qualified for a higher paying job, you will find that you are able to increase your deposits to your savings account. This should be a priority over a more expensive apartment, new car or the big screen TV. Savings and lifestyle are both important; your savings should increase as the quality of your lifestyle improves.

The next step is to see what the minimum deposit is for a CD which gets a little more interest than a savings account. Usually, the interest is better if you open a longer term CD, but be careful. If the rate isn’t too much better, you will be further ahead with a short term CD, just in case the rates increase. You don’t want your money to be tied up in a 5-year CD at today’s rates if they should increase significantly in the next couple years.

Once you have enough money in the bank to sustain you for 3 6 months should something unfortunate happen, like injury or job loss, then you can think about other investments, like stocks or mutual funds. Remember to keep some money handy for a rainy day, but on the other hand, think of the long-term and invest wisely.

Michael McGee provides financial planning, retirement planning and financial advice to people of all ages and income levels, including young families, business owners, entrepreneurs and more. Michael can help you with everything from college planning to retirement planning, establishing a 529 college savings plan, traditional IRA, Roth IRA, SEP IRA, 401-K, family savings and more. Learn more at

Michael S. McGee provides financial planning, retirement planning and financial advice

everyone, including average people who work hourly rate jobs, small business owners, self-employed entrepreneurs, affluent individuals, corporations, associations and foundations. Michael works with young families to establish college plans for their children and savings and retirement plans for their own futures.

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Building A New Home | Good Reasons To Upgrade The Insulation

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By Preston Guyton

Good Reasons to Upgrade Insulation

Making your home more energy efficient can have a huge impact on your monthly energy bills as well as the environmental footprint created by your family. One of the best ways to make your home green and save on your utilities each month is to increase your homes insulation. Let’s take a look at the reasons to upgrade insulation in your home.

What Are the Best Insulation Upgrades?

Before we start on why good insulation is important you need to know the best ways to upgrade insulation in your home. First and foremost you need to reduce any drafts or air leaks in the home. A properly sealed home will retain the heating or air conditioning much longer, which means your heat and air units will run less often. Next you should consider upgrading to energy-efficient windows if your home is older. Single pane windows are one of the biggest sources of heat loss in an older home. Now that you’re home is airtight and has energy-efficient windows increasing the R-value of the insulation in the walls and ceiling will have a dramatic effect on your homes ability to stay warm in the winter and cold in the summer.

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Energy Bill Savings

There is no question that heating and cooling bills are going up across the country. By making the insulation upgrades mentioned above you will save yourself money each month because far less energy will be required to heat or cool your home. With the current tax credits on energy-efficient upgrades and the low costs of improving your insulation, your home improvements will quickly pay for themselves.

Reduced Environmental Impact

The carbon emissions released from the burning of fossil fuels and the creation of electricity are incredibly detrimental to our environment. Any steps that you and your family can take to reduce your energy usage will make your carbon footprint much smaller. It will also help to limit the number of new power plants that need to be built to compensate for growing populations and their increased energy needs. Slowing or reducing our level of energy usage is one of the best things that can be done to ensure our environment stays healthy.

Increase Your Resale Value

When you go to sell your home the insulation upgrades that you have added can benefit your final sales price. The fact that you can prove that the monthly energy bills during the winter and summer are half the cost of the other homes in your neighborhood will make buyers want to consider your home more strongly. It is a great sales point that will make your home stand out when compared to the rest of the market, and will justify a higher sales price because buyers will be saving money each month due to lower utility bill costs.

Improving your homes insulation is a great way to save on your monthly bills, while reducing the environmental impact, and improving your home’s resale value. Whether it is new construction or an older home, there are many ways to make your home more energy efficient. When the upgrades are matched with tax credits, the improvements become very affordable and quickly begin to pay you back for your investment.

About the Author: Preston Guyton is a Realtor and Custom Home Builder serving the

Surfside Beach real estate

market. For more information on

Surfside Beach homes for sale

, contact Preston today and visit



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