retirement
-
How to Save $1,000,000 for Retirement
June 7, 2017
Categories: Personal Finance, Retirement, Savings
Retirement, 401(k), stocks and bonds, the subject matter of saving for the long term isn’t often as appealing as saving for the short term. Perhaps that’s why nearly three-quarters of Americans are underestimating how much they’ll need for retirement. The United States is on the brink, if not already in, a retirement crisis. However, at Bank of Louisiana we believe retirement saving can still be easily accomplished, there are just a few steps to get started: The first thing
">Read More -
Which Style of Retirement is for You?
March 15, 2017
Categories: Retirement
Retirement is an exciting time where you can do anything you want, so long as you’ve saved! Before you decided to retire, it is important to determine what you want your life to look like during the decades you enjoy after your career. Many retirees venture to warmer weather, commit to lifelong hobbies, reconnect with family, or find a way to make a difference for others. At Bank of Louisiana we want to help you steer yourself in the direction you choose. Find out which retirement path is
">Read More -
7 Financial Goals to Make 2017 a Success
January 11, 2017
Categories: Budgeting, Community Banking, General, Mortgage, Personal Finance, Savings, Taxes
Bank of Louisiana challenges you to make 2017 the year of financial prosperity. Complete with an emergency fund, sound credit, and a monthly budget, you can conquer any fiscal goal so long as you keep moving towards it. To optimize your money management potential, we recommend these seven goals: Check Your Credit Score. There are many websites available which allow you to view your current credit score across the three reporting bureaus. However, the only federally authorized FREE
">Read More -
Don’t Scare Away Your Savings
October 26, 2016
Categories: Personal Finance, Retirement, Savings
Every Halloween you hear concerned parents telling their children, “Don’t eat all that candy at once or you’ll give yourself a belly ache.” Just like candy, your personal finances can leave you feeling distressed if you’re spending more than you save. At Bank of Louisiana we want to help you achieve your next spooctacular savings goal! With a strategic savings plan you can accumulate the funds to purchase a car, home, or even a seasonal pumpkin patch! Here’s how: IRA
">Read More -
The Top 5 Ways to Maximize Your Savings
September 29, 2016
Categories: Personal Finance, Retirement, Savings
Saving is one of the fundamental pillars to proper money management. Saving can represent a vacation, a new home, or a long awaited retirement for two. Whatever you are saving for, there are some simple steps you can take to maximize each type of account you use to save: IRA or Roth IRA: An Individual Retirement Account, or IRA, allows individuals to contribute earnings either before or after tax. In each of these accounts you can accumulate funds that can then be further invested to help generate
">Read More