Tag: traditional IRAs

Do NOT Make This Disastrous Beginner Mistake With Your Retirement Funds

Lauren Torres ("Kitty") 28 Comments

It has come to my attention that there may be a particularly disastrous beginner retirement funds mistake we’ve failed to warn our readers against. As they say in the extremely dramatic anime I’m currently watching: moushiwake arimasen!

Worse, it’s exactly the kind of mistake we proudly specialize in addressing: a mistake that makes you feel so freaking inept and self-conscious that you act like it didn’t happen, never speak of it again, and quietly add to the self-critical monologue that plays inside your head on nights when you cannot sleep.

No? Just us? Humph! Very well.

This mistake has to do with your retirement funds. I can’t sugar-coat this one: it’s a horrible mistake to make because there isn’t really a way to fix it. It’s like burning your popcorn: what’s done is done, there’s no way to un-burn it. But the faster you yank that stanky shit out of your microwave, the sooner you can chuck it and move on with with your life. And a fresh batch of popcorn. Make it kettle corn. Invite me!

For those of you who don’t have retirement funds yet, read on anyway. Trust me! This is something you’ll want to keep in the back of your mind for whenever you finally do.

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Investing Deathmatch: Traditional IRA vs. Roth IRA

Investing Deathmatch: Traditional IRA vs. Roth IRA

Lauren Torres ("Kitty") 12 Comments

Two methods of investing in the stock market enter the ring.

Only one will leave victorious.

Welcome back to another installment of… INVESTING DEATHMATCH!!!!!!!!!

If you’re one of our Patreon supporters, there are four things I know for sure about you. One: you’re beautiful on the inside and out. Two: you’re powerful, also on the inside and out (like, you are spiritually intimidating and also extremely muscular). Three: You have excellent taste in blogs run by women who are emotionally in their mid-seventies but physically in their early thirties.

The fourth and most important thing I know about our Patreon supporters: Once a month, they get to choose a topic for an upcoming blog post. And this month they selected a battle royale between traditional IRAs and Roth IRAs.

So if you enjoy this week’s post, you have our gorgeous, strong, good-taste-having, democratically empowered Patreon supporters to thank for it. Please consider becoming one, or continue to aspire to grow up to be one.

So real.

Now let’s get down to the EXTREMELY ANALYTICAL CARNAGE.

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Dafuq Is a Retirement Plan and Why Do You Need One?

Piggy 1 Comment

For young’uns like us, old age and retirement couldn’t seem farther away. And yet the thing about retirement is it goes way smoother if you prep for it in advance. Which is why all of us—yes, even you fresh-faced recent graduates—need a retirement plan.

The term “retirement plan” itself is a bit misleading. It suggests there’s a singular, one-size-fits-all tool for preparing to live out your sunset years in the lap of luxury. In reality, not only is there no one single retirement savings tool that works for everyone. But most people use multiple “retirement plans.”

Join me, dear readers, as I guide you through an entirely-too-detailed tour of the most common forms of retirement plans. Keep your hands and arms inside the vehicle at all times and please don’t feed the wildlife.

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