Personal Finance
4 Retirement Financial “Whats” To Answer Before And During Retirement
Now 12 years into my early retirement, I continually learn more about successfully funding and living my desired retirement lifestyle. One of the lessons learned is answering a few retirement financial “whats” questions. There’s a lot of both having trust in established processes and winging it when it comes to retiring. Getting most of it […]
3 Smart Ways To Boost Your Retirement Savings
Although 77% of Americans have retirement plans in place, most don’t have enough savings to actually live comfortably during this stage in life. In fact, for Americans between 55-64, the median retirement savings totals around $107,000, which equates to as little as $310 each month. Fortunately, however, it’s not too late to boost your retirement savings without having to […]
The 5 Step Plan For Investment Success
So here you are, on the precipice of greatness, and you have no idea how to be great. Makes that precipice look awfully daunting, doesn’t it? Don’t look down, only look ahead. If you have followed basic personal finance advice so far, you are probably out of debt (other than your mortgage) and you have […]
Where To Retire Now…
Is $1 Million Enough for Retirement in America? The average American needs their retirement savings to last them 14 to 17 years. With this in mind, is $1 million in savings enough for the average retiree? Ultimately, it depends on where you live, since the average cost of living varies across the country. This graphic, using data […]
11 Financial Tips For Parents To Share With Their Kids (Part 2)
As parents, we want the best for our kids. Most schools do not do a good job of teaching personal finance. That leaves it to us, as parents, to educate them. Helping our kids become more financially savvy can help us have a lasting impact on their lives. It can also allow them to live […]
11 Financial Tips For Parents To Share With Their Kids (Part 1)
As parents, we want the best for our kids. Most schools do not do a good job of teaching personal finance. Helping our kids become more financially savvy can help us have a lasting impact on their lives. It can also allow them to live the lifestyle they desire. It starts with teaching them to […]
How To Get Out Of Debt Fast: 10+ Tips You Need To Know Now
There are many reasons why people get into debt. Many don’t know how to get out of it, but this article will show you what you need to do to get that weight off your shoulders! This post will give you some practical suggestions on how to save money and pay down debts. It is possible for […]
Budgeting Before You Retire And Planning For The Future
Trying to estimate what your expenses will be during retirement can be challenging. It’s difficult to plan for inflation and to predict the costs of essential expenses in the next 10, 15, 20 years, or more. However, trying to come up with a spending plan for your retirement is crucial, as the earlier you start […]
7 Tools To Build Wealth After 50
There is an old joke in my office that goes like this: Everybody can retire in 15 years starting with nothing. I can prove it. Most people overspend until their birthday has a 5 in front of it. Then they panic. OMG! I have only 15 years until retirement! And then they get serious and […]
Living Off Assets
Last year, I had an interesting thing happen to me. For the first time in my life, my investments earned more than I did. I had a great year at work, where I earned six-figures, plus a nice bonus. But, it was no match for my investments, which earned almost $200,000. That wasn’t a typical […]
