Investing for Retirement

Retirement may be a long way off for you – or it might be right around the corner. No matter how near or far it is, you’ve absolutely got to start saving for it now. However, saving for retirement isn’t what it used to be with the increase in cost of living and the instability of social security. You have to invest for your retirement, as opposed to saving for it!

Let’s start by taking a look at the retirement plan offered by your company. Once upon a time, these plans were quite sound. However, after the Enron upset and all that followed, people aren’t as secure in their company retirement plans anymore. If you choose not to invest in your company’s retirement plan, you do have other options.

First, you can invest in stocks, bonds, mutual funds, certificates of deposit, and money market accounts. You do not have to state to anybody that the returns on these investments are to be used for retirement. Just simply let your money grow overtime, and when certain investments reach their maturity, reinvest them and continue to let your money grow.

You can also open an Individual Retirement Account (IRA). IRA’s are quite popular because the money is not taxed until you withdraw the funds. You may also be able to deduct your IRA contributions from the taxes that you owe. An IRA can be opened at most banks. A ROTH IRA is a newer type of retirement account. With a Roth, you pay taxes on the money that you are investing in your account, but when you cash out, no federal taxes are owed. Roth IRA’s can also be opened at a financial institution.

Another popular type of retirement account is the 401(k). 401(k’s) are typically offered through employers, but you may be able to open a 401(k) on your own. You should speak with a financial planner or accountant to help you with this. The Keogh plan is another type of IRA that is suitable for self employed people. Self-employed small business owners may also be interested in Simplified Employee Pension Plans (SEP). This is another type of Keogh plan that people typically find easier to administer than a regular Keogh plan.

Whichever retirement investment you choose, just make sure you choose one! Again, do not depend on social security, company retirement plans, or even an inheritance that may or may not come through! Take care of your financial future by investing in it today.

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Retirement: Health for your Aging Cat

Age is just a number, right? A Human who is 60 years old may act like a young adult, while another human the same age may at like he or she is on a deathbed. Cats are the same way! Your pet may act like a kitten for many years or may be gray and achy quite young. Specific breed, environment, and genetics play a role, but in general, a well-cared for house cat usually lives to be at least 15 years old. Some cats live to be well over 30.

There are things you can do, however, to provide your cat with the chance for the longest life possible. For example, have your cat spayed or neutered. Statistics show that fixed cats live longer, because this causes the cat to stay closer to home and be exposed to few dangerous situations and disease. Good nutrition is also important. Make sure that you are buying cat food that is appropriate for your cat’s age.

As you cat ages, certain medical conditions may cause you to make special considerations for your cat. Examples include reduced tolerance to extreme temperatures, decreased sensory perception, susceptibility to infection, arthritis and joint stiffness, digestion problems, liver and kidney problems, weaker bones, cancer, muscle weakness, slow reaction, memory loss, high blood pressure, and irritability. As you can see, aging cats have many of the same problems as aging humans!

Along with a good diet, promote healthy amounts to exercise in your cat. You can do this by allowing your cat to go outside and by playing with your cat every day. Toys and environmental pieces, like scratching posts, are great for encouraging your cat to exercise. Remember, cats may spend a lot of the day sleeping, which is fine. If you are overly concerned, talk to your vet about your cat’s sleeping habits.

Preventative health care is, of course, important. Make sure that your cat has regular checkups with the vet to make sure everything is in check. You should also brush your cat’s teeth daily and have your cat groomed regularly to prevent skin diseases. As cats age, most grow to love grooming. Monitor your cat for diet chances, changing sleep habits, and unsafe water consumption. The key to graceful aging in a cat is and owner who is well involved in his or her life. Make sure that you provide advanced care for your cat as he or she grows, and your pet should be a part of your life for a very long time.