Carnival of Retirement # 28 – July 16th, 2012 Edition

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Welcome to the 28th Edition of the Carnival of Retirement. If you want to submit a post for next week’s edition, please use the submission form. Next week’s edition will be hosted by Jen at Master the Art of Saving.
Retirement is a long-term game. There are so many things you need to do to prepare for retirement, and it’s not just saving and investing. Of course, having a great retirement portfolio is best, but to get there, we need to live within our means and build wealth along the way. This edition includes many retirement articles along with posts that will help us get there.  Enjoy these great posts from around the Internet!

Top 4 Editor’s Picks

1. Miss T. @ Prairie Eco Thrifter writes Go Slowly Toward Financial Security – Slow and steady wins the race, the old proverb goes. This is also a great strategy when working towards your financial security and a comfortable retirement. Patience and consistency are the secrets to going slowly towards financial security.

2. L Bee @ L Bee and the Money Tree writes How I cut my spending 38 Percent by simply by writing it down. – You may have heard me gushing on my blog/twitter about this FREE debt worksheet I’ve been working off starting last month. A fellow pf blogger, John at Married with Debt is kind enough to send over the excel spreadsheet he and his wife use to track their finances FOR FREE to anyone who wants it.

3. Kevin @ Thousandaire writes Your Investments Are in Big Trouble – If the government bubble bursts your money is in big trouble if you aren’t prepared.

4. BARBARA FRIEDBERG @ Barbara Friedberg Personal Finance writes RETIRE ABROAD WITHOUT PAYING A FORTUNE – With the baby boomers approaching retirement in record numbers, fears about high costs and inadequate savings prompt exploration of creative retirement options.

Listed below are the rest of this week’s posts! 

Joel @ Retiremoose Blog writes Who is really an unbiased financial advisor? – Sources of retirement advice

Jessica @ Budget for Health writes Budget Review: April-June 2012 – Check out our budget review to see how we did over the past 3 months. We had a few surprises come up (getting a new car starter and battery) but managed to finish our 911 fund and invest in two Roth IRAs!

Ted Jenkin @ Your Smart Money Moves writes Why Is Gen XY Worth Less Than Their Parents? – Common sense says it’s no surprise that older Americans are wealthier than young Americans.

Maria @ The Money Principle writes Investing as science, an art form and a game – Investing is challenging, not because of the amount of knowledge we need but because we need different kinds of knowledge.

krantcents @ KrantCents writes The 3 W’s of Success – The 3 W’s of Success is the twenty-third in a series of articles to help you reach your goal.

Suba @ Broke Professionals writes My Financial Bucket List – I’m trying to get the highest return on investment… the investment of life. Here are the top five financial goals on my bucket list. What are yours?

MMD @ My Money Design writes How Much Money Would I Make If I Rented Out A House? – What kind of rate of return would I make if I bought a house and rented it out for rental income? This example will walk through buying a house in my neighborhood and then crunching the numbers to see how much I could make in a year.

Passive Income Earner @ The Passive Income Earner writes Easy Investing With Computershare – Are you familiar with Computershare? I learned about the marvels of Computershare in my mid-thirties and I must admit that I wish I had learned about it in my early twenties.

Evan @ My Journey to Millions writes Building a Retiree’s Income Stream at a Younger Age – In my very limited experience successful Retirees often have multiple streams of income regardless of whether they were intentionally created. These streams of income include:

PPlan @ Provident Plan writes Will There Always Be Poor People? – The issue of poverty is a complicated social issue. Jesus is often quoted as saying You will always have the poor with you. Find out what he really meant.

Teacher Man @ My University Money writes Dollar Cost Averaging Strategy – There is this cool thing that happens when you ignore all the stock picking stuff that people talk about, stop paying attention to the “experts” on TV and simply invest your money in a dispassionate and consistent manner. The aforementioned “cool thing” is that you end up with a lot more money.

Tyler @ Poor Student writes June Dividends – It is that time of the month. That came out wrong perhaps. I mean that I have now collected all my dividends for the month of June. And it was my best month yet.

Tushar @ Start Investing Money writes Are Your Parents Jeopardizing Your Savings Plans? – Are Your Parents Jeopardizing Your Savings Plans without even knowing it? After all, we are a product of our childhood and the way that we were raised…

Robert @ The College Investor writes Cash Cow Stocks: Great for Long-Term Investing – A cash cow is generally defined as a company that turns 5-10% of its sales into cash. Good businesses that can turn sales into true free cash flow usually have a competitive advantage that strengthens their future, which makes them a great investment for long-term investing. 

A Blinkin @ Funancials writes I Was Housed By A Homeless Guy – Sounds ironic, doesn’t it? How could “he who don’t own home” be capable of housing “he who own home?” Confucius can’t even provide understanding on this matter so I suppose I’ll have to explain further.

JP @ My Family Finances writes How Does the Average Family Budget Compare to Yours? – We are obsessed with being more than average. So, if you want to avoid the average family budget, it helps to know what it is.

PITR @ Passive Income To Retire writes Passive Income with a Bed and Breakfast? – It was just last week that I was at a friend’s wedding. It was a great time to celebrate with them, and as it turns out, it was my first time at a bed and breakfast. For the first time, I got a close-up view of what it takes to run a bed and breakfast.

harry campbell @ Your Personal Finance Pro writes Keep Your CD’s Liquid and Still Earn a High Rate of Return – Most investors probably don’t have too many high yielding ‘safe’ investments lying around from the high interest rate days. The 5% CD’s that we all took for granted in 2007-2008 are a thing of the past and I know most people wish they would have locked in a couple more 5 year CD’s at these rates. So in today’s market, what are the best options for investors looking to earn a high return and minimize risk?

Amanda L Grossman @ Frugal Confessions writes Alleviating Financial Stress for the Sake of Your Health – Stress can do horrible things to your body. While everyone’s body reacts to it differently, some of the common ways stress manifests itself is through headaches, migraines, stomachaches, sleep deprivation, ulcers, and panic attacks. Learn how I manage such issues.

Jeff Rose @ Good Financial Cents writes Your Family Vacation vs. Your Retirement, Who Wins? – Families spends countless hours trying to plan the ultimate “Griswold family vacation”. And our family is no different this year. But here’s my question: How much time do you spend planning your vacation vs. planning your retirement?

Daniel @ Sweating the Big Stuff writes Do You Pay Student Loans Bills With a Credit Card? – I love using my credit card for gas (3 percent cash back) when I can, but there are certain situations where you simply can’t use a credit card to pay your bills. I would love to get 1 percent cash back on my rent…

Sicorra @ Tackling Our Debt writes Make More Money, Get Out of Debt, and Live Your Life – Work on following these simple steps so that you can still enjoy life, while you work towards becoming debt free.

Hank @ Money Q&A writes What Is A Cafeteria Plan For Health Insurance? – What is a cafeteria plan for health insurance? It is a type of employee health insurance plan that allows employees to choose from different types of health benefits

Paul Vachon @ The Frugal Toad writes Manage Personal Cash Flow as if You are a Business – Cash Management is vital to the success of a business because it allows the business to pay it’s bills while using cash efficiently to fund day to day operations. Consumers can benefit from managing their own cash in much the same ways a business does.

Investor Junkie @ Investor Junkie writes How Can I Increase Income Safely in Retirement? – Many retirees are asking how they can make more money now that long term CDs with attractive rates are maturing. There are many alternative investments that generate income. In no particular order, here is what I recommend:

Invest It Wisely @ Invest It Wisely writes Zen Personal Finance: My Philosophy, and What It Means to Invest It Wisely – What is zen personal finance? Is it a new-age thing? Is it a type of meditation? Is it a new way of looking at our finances? Read more to learn what it really is!

SB @ One Cent at a Time writes How can you benefit from 401k fee disclosure rule – Starting this month, 401(k) providers must clearly disclose the fees they charge to employers for the retirement savings plans, The fees include investment management, record keeping, administration and other services. How it can benefit you.

Corey @ 20s Finances writes Does the Cash Method Really Work? – One of the many ways that people try to curb their spending habits is to go to an all-cash budget. The reason for making the adjustment is that it helps you weigh the actual cost of each expense because it is actual bills leaving your pocket. It’s not a method that my wife and I use, but it has been helpful for some of our closest friends. Find out why it could help you.

***Photo courtesy of


  1. Thanks for hosting and including my posts!
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  2. Thanks for sharing! I've read a few of these and look forward to reading the rest!

  3. Thanks for the inclusion and hosting, I really appreciate it.
    My recent post It Pays to be Skinny

  4. Thanks for hosting and including us!

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