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

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

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)

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

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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