Carnival of Retirement – 7th Edition

Welcome to the 7th Edition of the Carnival of Retirement. See the Full Edition at My Personal Finance Journey.

Here are the editor’s picks for this week:

1. Kacie from Sense to Save published How much should you save with each paycheck to reach retirement goals?, saying, ‘Will saving 10-15% for retirement be enough for you? Or, say you’re maxing out retirement accounts, but got a later start. Will that be enough? Calculate how much you’ll need to save with each paycheck to hit your nest egg target.’

2. MMD from MyMoneyDesign published Which is Better – Points or No Points on Your Mortgage?, saying, ‘Will buying points when you get a mortgage or refinance save you a lot of money, or should you pass on them? I’ll show you how to calculate the difference and share my Excel worksheet to help you decide for yourself!’ 

3. A Blinkin from Funancials published Loyalty is for Losers, saying, ‘Remember years ago, when you could walk into a bank or a bar and they would greet you by name? If you visited an establishment enough, you would be known as a regular. This is not a desired outcome and here is why.’