Reaching financial independence is the holy grail of personal finance. But what does financial independence really mean? In this post I’d like to determine the three levels of financial independence. That’s right. Even in financial independence there is no one size fits all since everybody has a different desired standard of living. Some people are […]

Ever wonder: What does early retirement feel like? I retired early in 2012 at age 34 and want to share you all the ups and downs of not working a traditional day job any more. What’s interesting is that my feelings towards early retirement are very different from the initial couple of years. As the

There are three primary types of retirement plans in the U.S. today: Traditional IRAs, 401(k)s, and Roth IRAs. This article will focus on whether doing a backdoor Roth IRA is a good move for higher income earners. It is often debated which of the two IRA options is better: the Traditional IRA that is tax

A stock market correction is an inevitability. In recent history, we saw two 10% corrections in 2018, a 13% correction in 2016, a 12.4% correction in 2015, a 20% correction in 2011, a 16% correction in 2010, and a -57% correction in 2009. Then of course, we saw the fastest correction in history, a 32%