Look, I totally get how the dream of retiring in your 40s is basically the financial equivalent of your band playing an arenas. Everyone wants it. Most people talk about it. But, very few actually pull it off, and even fewer do it without some surprises waiting on the other side. But here’s the thing, … Read more
When planning for retirement, there are so many different savings and investment vehicles available, and one of the lesser-known options is the IRA CD. But before we dive into what an IRA CD is, it’s important to understand the basics of a Certificate of Deposit (CD). What is a Certificate of Deposit (CD)? Let’s start … Read more
Hello! We are going to attempt to have fun and talk about something that typically that fun to talk about. I’m talking about the “D” word! Yeah, not that “D” word! I’m talking about Divorce. Some of these topics may get heavy. We’ll do our best to talk about divorce, and the journey I took … Read more
I’ve encountered many individuals, myself included, who sometimes feel guilty or have been shamed for choosing to pay for professional retirement asset management instead of managing their investments themselves. This sentiment often stems from a community that champions DIY investing and the belief that managing one’s own finances is the only “right” way. Read this … Read more
When it comes to retirement planning, choosing the right type of account can be super important. Among the many options available, Roth IRAs and Roth 401(k)s stand out for their unique benefits and tax advantages. I was recently having this discussion with my 22-year-old about the differences of traditional accounts and Roth accounts. This made … Read more
There has been an incredible rise in 401(k) balances. Yes, you heard that right – despite what some naysayers might claim, 401(k) accounts continue to prove to be a powerful tool for building wealth and securing a comfortable retirement. Buckle up, because we’re diving into why this investment vehicle is worth your attention. The Numbers … Read more
Retiring with a million dollars might seem like a crazy distant dream, but it’s more achievable than many might think. A growing number of young Americans are setting ambitious retirement goals and feeling confident about reaching them. Recent surveys and data suggest that achieving millionaire status by retirement is becoming increasingly common, especially with diligent … Read more
Retirement – a time many of us envision as a carefree existence, filled with leisurely pursuits and newfound freedoms. Having the time to do whatever we want, whenever we want. But is retirement truly the video-game playing, guitar-playing, metal festival infused utopia we thought it would be? Recent findings suggest otherwise. In a revealing survey … Read more
I was having a discussion with a friend about the cost of living in retirement. I’ll have a future post breaking down some lower cost of living areas in the United States. However we got on the topic of other areas in the world, and how it is possible to retire in countries overseas on … Read more