Retire as a Millionaire from the Military
Career

Can You Retire from the U.S. Military as a Millionaire?

Retiring as a millionaire is probably the last thing you’d think about when joining the military. To serve the country is on top of the list. Besides, any financial gain you get from the government wouldn’t offset the sacrifices you have to endure: Rigorous training (10-13 week boot camps in …

Benefits of Tax-Advantaged Savings
Retirement
2

Tax-Advantaged Savings and Recommended Strategies

Now that the Nasdaq is down 25%, S&P 500 and Dow sustain double-digit losses YTD; nobody seems excited about investing, let alone tax-advantaged savings accounts. Robinhood trading activity slows down as gamified noob investors suddenly become terrified and head to the exits. And if fortunate enough to have huge gains, …

Four percent rule
Retirement
2

The 4% Rule is Not for Everyone, Use this Calculator Instead

The first time I heard about “safe withdrawal,” I thought it was a family planning method. I was like, “I’m an expert!” Well, it turns out it’s for a different kind of planning— your retirement. Specifically, it answers the question, “How much can I safely withdraw from my retirement accounts?” …

What turning 50 means to your finances
Retirement

What Turning 50 Means to Your Finances

If you’re wondering why you haven’t seen a new post in weeks, it’s because I was extremely busy. For starters, I’ve built a mini-basketball court in my backyard, moving 20 tons of gravel using a wheelbarrow in the process. My employer also demanded that we start working in the office, …

Anatomy of an American Paycheck
Income
2

The Anatomy of an American Paycheck

If only more people paid attention to their paychecks than credit limits, we would have less poverty, homelessness, divorce, and more happy millionaires who don’t stress about money.

Life without retirement savings sucks
Retirement

Life Without Retirement Savings Sucks (and what you can do about it)

Living longer is certainly a blessing. But being a 90-year-old with no money is not a particularly good problem to have. Your quality of life diminishes, and you become a huge burden to your kids, who already have responsibilities of their own.

Our house
Retirement
2

Why I’m Paying Off My Mortgage Early, Maybe You Should Too

Paying down your mortgage when you have an ultra-low interest rate is unpopular among many investing geniuses because the stock market has historically returned around 12%. The typical advice goes like this: “Your 3% mortgage is cheap money. Put your money on investments that will make you more money!” In …

Traditional 401K vs ROTH 401K
Retirement

Traditional vs Roth 401K: Understanding How They are Different

One thing that can significantly affect your long-term and retirement savings is the type of employer-sponsored retirement plan you choose. While traditional 401(k) plans and Roth 401(k) sound similar, there are some major differences between the two accounts.

Suze Orman could be right
Financial Planning

Suze Orman Could be Right, This Calculator Can Tell You Why

If you’ve been following my posts, you probably know by now that this is not a FIRE (Financially Independent, Retire Early) blog. For one thing, I’m already in my forties when I wrote my first post.  There’s no way I could retire in my 30’s without sneaking into my sister’s time …

Jaw dropping retirement facts
Retirement
1

12 Jaw-Dropping Stats About Retirement

Below is a guest post from Archana Singh, a finance blogger from the Mystic Land of India. Archana works for one of the leading insurance and web aggregator in the country. Even if you don’t live there, you’ll quickly learn that retirement challenges are fundamentally the same; circumstances could devour …