retirement on my mind

Here are a couple of links worth reading:

• The first is a quick recap of the traditional IRA. This has come up with me recently because, due to two relocations in 2006 being imputed to me as income, I realized I was disqualified from making a Roth IRA contribution (which I already did). Hopefully, recharacterization would be too much of a hassle.

• The second is a write-up on life cycle funds. Many of my friends have been getting into this because they're really not the type to track their investments too closely. They want to save, but with the least amount of attention needed. Life cycle funds are a decent choice, but as you'll read, not for everyone.