If you want to build above-average wealth, you need to be dynamic in thought and in action. The world is ever-changing, which is why you should stay flexible. This is why having a dynamic safe withdrawal rate in retirement will help you build more wealth and increase your survivability. Those who remain rigid will suffer
Your Dynamic Safe Withdrawal Rate In Retirement Can Now Increase Read More »
April is autism acceptance month and I’m grateful to share a personal and eye-opening guest post written by Sydney. She found out she is on the spectrum in her 40s, which came as a surprise to us both. It has been an enlightening discovery that has explained and taught us so much about how to
I Found Out I’m Autistic As An Adult And I’m Glad Read More »
It’s been a year since I last published about farmland investing. Therefore, I thought it would be good to revisit how farmland investing has done during the heart of the pandemic and new opportunities ahead. I’m a fan of owning various types of real assets to build and preserve wealth. With stubbornly high food prices,
Farmland Investing: A Year In Review And New Opportunities Ahead Read More »
Let’s take a look at the latest mortgages by interest rate. By understanding the composition of mortgages, we’re better able to understand how a rise in interest rates will affect the housing market and the consumer. Since November 2018, the vast majority of homeowners with a mortgage have refinanced and taken advantage of lower rates.
Mortgages By Interest Rate: Homeowner Tenure To Increase Read More »
For the longest time, I’ve been a proponent of paying federal income taxes. Federal income taxes among all other taxes collected are used to pay for Social Security (~23% of budget), defense and security (~16% of budget), major health programs such as Medicaid and Medicare (~25% of budget), and other social safety nets. Somebody has
How To Feel Less Guilty About Paying No Federal Income Taxes Read More »
One of the worries about entering the decumulation phase is that you might start spoiling your adult children. If you end up giving your adult children so much money, you might just take away their motivation to work! Being able to earn your own money and provide for your family creates one of the most
The Fear Of Spoiling Adult Children By Giving Them Money Is Overblown Read More »
If you’re a homeowner looking to live for free, buying Treasury bonds today likely will. After an aggressive hike in the Fed Funds rate since the beginning of 2022, three-month treasury bills are yielding over 3.3% and one-year treasury bills are yielding over 4%. Once you’ve got your housing expenses under control, life becomes much
Time For Homeowners To Buy Treasury Bonds To Live For Free Read More »
Decumulation is the process of spending down your net worth so you don’t die with too much money. If you die with lots of money left over, you’ve essentially wasted all the time and energy it took for you to accumulate that money. At the same time, nobody wants to run out of money before
The Best Decumulation Age To Start Spending Down Your Fortune Read More »
This post will show you how to reduce mortgage fees and get the best rate possible. I have been refinancing and taking out new mortgages since 2003. As a result, I’ve become an expert at squeezing as much value as possible out of every mortgage. Mortgage fees are an inevitability. How do you expect anybody
How To Reduce Mortgage Fees And Get The Best Rate Possible Read More »
It’s safe to assume the vast majority of you reading Financial Samurai want to be rich. I trust those of you who’ve been reading this site between 2009 and 2012, when I was writing heavily about investment strategies, have indeed become much richer. The compounding forces since then have been enormous. We are probably one
The Two Levels Of Rich: One Of Which Doesn’t Rely On Index Funds Read More »
