Everywhere I go, I hear the benefits of the Health Savings Account, or HSA for short. People say an HSA is one of the best ways to save for retirement. It obviously is a great way to pay for inevitable medical expenses given the tax benefits. But is it worth having a high deductible plan […]
Mass affluent is sometimes used interchangeably to describe the middle class. However, that’s not quite right because being mass affluent is wealthier than the middle class. Mass affluent edges closer to describing the upper middle class, those with above-average incomes and above-average net worths. That said, the middle class is the best social class in
What Is Considered Mass Affluent Based Off Income, Net Worth, And Investable Assets Read More »
Healthcare affordability continues to be a concern for millions of Americans. When the Affordable Care Act (Obamacare) was enacted in 2010 I was happy. A universal healthcare system would insure the ~47 million Americans who were previously not insured. After all, disease doesn’t discriminate between rich and poor. Also, being rejected for healthcare coverage due
How Much Should I Pay For Healthcare? Introducing The Health Affordability Ratio Read More »
In early 2005, at the age of 28, I took out a $1,220,000 mortgage to buy a $1,523,000 house in San Francisco. After having bought a modest condo a couple of years earlier, I wanted to go all-in. In retrospect, this was a crazy amount of debt to take on at that age. When the
No Mortgage More Courage: Pay Off All Debt Before Retiring Read More »
If you want to get rich, you might as well learn from the rich. Here are lessons from the rich who took advantage of free government money. In 2020, there was over $3 trillion in government stimulus money. In 2021, there was at least another $1.9 trillion in stimulus “rescue money.” Thanks to the additional
Lessons From The Rich Who Took Advantage Of Free Government Money Read More »
This post will discuss what type of investment property to buy in order to maximize investment returns. Buying rental properties today is one of my favorite investments. The ability to benefit from rising rents and property prices is a powerful wealth creator. For years, I regretted buying a single family home in San Francisco instead
What Type Of Investment Property To Buy? Single Family Home, Condo, or Multi-Unit Read More »
Here’s a look at the sates with the highest and lowest unemployment benefits. Unemployments vary more than you think by state. Therefore, some unemployed people are faring better than others. During the pandemic, the federal government significantly boosted unemployment benefits. The CARES Act provided an additional $600/week through the week of July 31, 2020. And
States With The Highest And Lowest Unemployment Benefits Read More »
The coronavirus pandemic really got me thinking about all of our children’s’ futures. The world was suboptimal for two years. But what will their world be like in this already brutally competitive place full of constant rejection? Let me share a guaranteed way to prevent unemployment: career insurance. In big cities, expect to spend up
Career Insurance: The Guaranteed Way To Prevent Unemployment Read More »
If you don’t have your health, no amount of money is worth it. As someone who has been writing about early retirement and the FIRE movement since 2009, let me emphasize the health benefits of early retirement in this post. There are many benefits of early retirement. Full control of your time is often the
The Health Benefits Of Early Retirement Are Priceless Read More »
If you want to raise better adjusted kids, you probably want to practice some level of stealth wealth. Stealth wealth helps so that they don’t grow up spoiled and unable to recognize prosperity. This article provides a stealth wealth solution for real estate investors with kids. A couple readers have pointed out that I was
A Stealth Wealth Solution For Real Estate Investors With Kids Read More »
