Taxes

Phil's podcast has now launched. Check out the most recent episodes below in the audio player or visit the podcast website for the full library, subscribe links & detailed show notes of each episode!

Click here to visit the podcast website.

Listen below to check out the most recent episodes.

The other day while I was driving, I thought about a recent report I read concerning Americans and their IRAs. According to the TIAA-CREF annual survey on individual retirement accounts and Americans’ savings habits, only 8 percent responded that making contributions to their IRA is a priority with their retirement savings. This is probably because the #1 motivation for saving money relates to short-term expenses—like housing, appliances or a car—rather than saving for retirement.