Eight years ago my life looked a lot different than it does today. I was living in Bloomington, Indiana, working as an accountant in the finance department for an engine manufacturing company. While I liked my job, what I really relished was one major bonus it offered - the opportunity to travel the world.
Q: I bought a rental property that has increased in value considerably. The cash is great, but I'm wondering if I should sell high and invest in a different asset. - Russell in Portland, Ore. A: "This is a situation where there really is no one-size-fits-all answer," says David Walters, a certified public accountant and certified financial planner with Palisades Hudson Financial Group.
If you want to have a comfortable retirement, it is very important to begin saving early. It's a point that can't be reiterated enough. Here is another example why. Consider two hypothetical savers - Emily and Dave. Emily puts $200 per month into a retirement account with an estimated 6% rate of return starting at 25.
