Tag: retirement

Budgeting Before You Retire And Planning For The Future

| August 26, 2021
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 […]

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7 Tools To Build Wealth After 50

| July 27, 2021
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 […]

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Living Off Assets

| July 22, 2021
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 […]

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To RETIRE Early, Change Your Expectations

| June 22, 2021
To RETIRE Early, Change Your Expectations

The Best Retirement Strategy for 50-year Olds If you still want to retire early and don’t have at least $1M in your retirement account by age 50, you have to change your thinking about what it means to retire while also taking a different path to retirement. What is the best way to retire early […]

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Thinking About Retiring? 6 Non-Financial Tips For A Happier Retirement Start

| June 3, 2021
Thinking About Retiring? 6 Non-Financial Tips For A Happier Retirement Start

If you’re considering calling it time to retire, then I have a few non-financial tips for a happier retirement start. A lot of my early retirement relied on winging it. I was aware of the non-financial aspects of retirement. But I primarily focused on all the money stuff. As far as non-financial aspects, things I […]

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10 Early Retirement Considerations

| May 18, 2021
10 Early Retirement Considerations

Before taking the plunge into retirement, early or traditional, you need to consider factors that will reflect the rest of your life. Handled correctly, early retirement can be a fulfilling blessing. Without proper planning you risk a return to employment you wanted to get away from. Retirement means different things to different people. Some want […]

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How I Knew I Had Enough To Retire Early

| February 25, 2021 | 0 Comments
How I Knew I Had Enough To Retire Early

Many people want to retire early to live a life free from the rat race. It takes having a certain mentality and the financial means to pull it off. Even with meeting those requirements on paper, it can be difficult to really know when we have enough to retire early and make it work over […]

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5 Steps To Build A Retirement Investment System

| November 19, 2020
5 Steps To Build A Retirement Investment System

Finance is a lot like fitness. No matter what you read, hear, or are pitched, there is no single solution, no silver bullet to getting in shape. Likewise, there’s no one solution for retirement investment. Rather, you need a system. With a system of exercise and diet, applied consistently over many years, you can attain your health […]

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Retirement For Beginners: The Roth IRA Explained

| July 16, 2020 | 0 Comments
Retirement For Beginners: The Roth IRA Explained

Roth IRAs offer tax-free growth on your retirement investments and significant tax benefits. If you are thinking about contributing to a Roth IRA, here is what you need to know. Before We Look at the Roth IRA, Understand a Traditional IRA. A Traditional IRA is a tax-deferred retirement savings account because any income tax or […]

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The 3 Best Vanguard ETFs For A Long-Term Retirement Portfolio

The 3 Best Vanguard ETFs For A Long-Term Retirement Portfolio

These funds give you appreciation and diversification for a low cost When building a retirement portfolio, the goal is to grow your assets for the long term. Since no one knows which asset classes will lead and which will lag, diversification is paramount. And Vanguard ETFs are an easy way to get some diversification. If […]

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