HapiMoney

Tax Time – Quarterly vs Annual Payments

Image by herzogbr via Flickr Now that tax season is fully upon us (you’ve got about another 8 days if you haven’t already filed), there are always some latent questions. One of the more confusing questions for some people (especially if you are self employed or have significant personal investments) is why you might need [...]

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What’s the difference between a 401k and a Roth IRA

Image by urban_data via Flickr The only difference between these two retirement vehicles is when you get taxed. A 401k allows you to contribute money pre-tax to an account (say when you are 30 years old), and the only time you get taxed is when you retire (say at 62 years old). All capital gains [...]

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How much do you need to retire

Image via Wikipedia There are a lot of different ways to do this, and a variety of different results will come because of it. Personally, I choose to stick to more conservative methodologies, but you can be as aggressive as you like. Here’s how I calculate the amount you need to retire: 1. Figure out [...]

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