Retirement

3 Must-Have Assets When Retirement Planning

3 Must-Have Assets When Retirement Planning (Most People Only Have One In Their Plan)

Retirement /

Planning for retirement is about more than just building up a financial nest egg. It’s about creating a sustainable and fulfilling life beyond your working years. While financial assets are critical, intellectual and human assets also play vital roles. The most effective retirement plans recognize the importance of all three. Let’s explore why these three […]

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Seven 401k Mistakes- 401k Investing for Beginners

Seven 401k Mistakes (401k Investing for Beginners)

Retirement /

Embarking on your retirement planning journey can feel daunting, especially when navigating complex investment account like 401k plans. It’s a crucial tool for building a large nest egg, but it’s not without its potential pitfalls. Novice investors often make easily avoidable errors, from missing out on employer matches to making rash decisions when changing jobs.

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6 Big Purchases Retirees (Almost) Always Regret

6 Big Purchases Retirees (Almost) Always Regret

Retirement /

Entering retirement signals a momentous shift in one’s life. Freed from the constraints of a 9-to-5 work schedule, many dream of spending their hard-earned savings on grand adventures, luxury goods, or ambitious investments. However, some of these seemingly attractive expenses can quickly turn into financial burdens, leading to regret and stress in a period that

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Retirement Truths

4 Uncomfortable Retirement Truths You Need To Hear

Retirement /

Retirement is a significant milestone that most people look forward to, but it’s also a time that requires careful planning and consideration. Many individuals harbor misconceptions about their golden years or maybe avoid uncomfortable truths that could significantly impact their retirement plans. This article will shed light on four uncomfortable retirement truths everyone needs to

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pina colada

The Truth About FIRE: Is Early Retirement Actually Possible?

Financial Freedom, Financial Independence, Retirement /

The Financial Independence, Retire Early (FIRE) movement has gained popularity in recent years as a way for individuals to achieve financial independence and retire at a relatively young age. The idea behind FIRE is to save and invest a high percentage of one’s income to achieve financial independence and retire early. This is typically achieved

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Becoming a Millionaire: Roth IRA vs 401K (What makes the most profit)

Becoming a Millionaire: Roth IRA vs 401K (What makes the most profit)

Investing, Retirement /

Roth IRAs and traditional 401K accounts are designed to enable people to save money in investment accounts by offering tax advantages. These retirement accounts were meant to replace the defined employer pension plans of the past. With a pension plan an employee received a defined payment every month from their employer based on years of

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10 Levels of Financial Independence And Early Retirement

10 Levels of Financial Independence And Early Retirement (How to Retire Early)

Financial Freedom, Financial Independence, Retirement /

In the FIRE movement (Financial Independence, Retire Early) there are 10 levels generally considered the journey from financial dependence to financial abundance. It can help psychologically to look at achieving financial independence as steps to new levels, one at a time. It is easier to focus on the next level than to see how far

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All the financial advice you’ll ever need fits on a single index card

All the Financial Advice You’ll Ever Need Fits on a Single Index Card

net worth, Personal Finance, Retirement, Wealth /

When University of Chicago professor Harold Pollack was interviewing Helaine Olen he said that “The financial advice most people actually need is common sense and simple enough that it would fit onto a 4-by-6 index card.” “I started getting emails saying, ‘Where’s the index card?’” Pollack explains. So even though it had more of a 

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