If you’re thinking about doing a few home improvements, you may want to consider what will give you the best return on your investment down the road.
According to the Remodeling 2013 Cost vs. Value Report (www.costvsvalue.com)*, you will recoup the most cost from a steel entry door replacement and a garage door replacement in the Indianapolis area. These two improvements may not be at the top of your list, but you’ll recover about 79.3% of the entry door cost and 68.7% of the garage door replacement cost. Entry door replacement even ranks as the number one project in the U.S. for a return on remodeling. Third runner up is a minor kitchen remodel. You’ll potentially earn around 66.1% of the amount you put into it (ex. paying around $18,433 with a resale value of $12,193).
It is known that physical activity can have positive, lasting effects on the body. But did you know that exercising a little bit of the equity in your home can also have beneficial, long-term results?
Your home may seem like a money hog: mortgage payments, utilities, and maintenance. But for those who have equity in their homes or the right property, your home may actually be able to save or even make you money.
If even the thought of investing is scary to you, it’s best to take small steps to begin with. Here are a few things to keep in mind before you start investing your money.
How many retirement accounts do you have? If you've changed jobs a few times over the years, you could have several accounts housed in different employers' plans.
Earning interest on your money is a great way to watch your savings grow! Have you ever wondered how long it would take for you to double your savings? The Rule of 72 says that to find the number of years required to double your money at a given interest rate, you divide the interest rate into 72.
Every now and then it is important to take some time to inventory your retirement planning. If you own a Traditional IRA, for instance, you probably know your contributions may be tax deductible. Did you know that if you withdraw from that Traditional IRA early you must pay a 10% penalty in addition to income tax?