The decision to contribute to a 401k or invest in an after-tax brokerage account is a dilemma that will be solved in this post. As someone who has built up millions in both accounts, there are some key considerations you need to make. Benefits Of Contributing to A 401k The great thing about a 401k […]
Contribute To My 401k Or Invest In An After-Tax Brokerage Account? Read More »
Let’s talk about the biggest downside to daycare and preschool. The downside has become extremely apparent post pandemic. When it comes to analyzing the downside for daycare and preschool, most parents think about cost as the biggest downside. Then there is the societal pressures that come with sending your kids to daycare (not so much
The Biggest Downside To Daycare And Preschool Is Not The Cost Read More »
In 2019, Personal Capital, launched a new high-yield savings account with aggregated FDIC insurance that covers balances up to $2 million. They called this Personal Capital Cash. Empower Retirement then acquired Personal Capital in 2020. Now in 2023, Personal Capital Cash is renamed Empower Personal Cash with all the same great features. The Empower Personal
Your money strength is key towards building great wealth. The stronger your money strength, the greater your chance of becoming a millionaire. For years I worked hard for my money. I’d get into work before the sun came up and leave work after the sun set every day. The pressure to generate revenue was immense
Your Money Strength: How Hard Is Your Money Working For You? Read More »
Real estate is my favorite way to build wealth over time. Not only can you live in your house for free, you can actually make money over time due to principal appreciation. I hate to say it, but renting is throwing money away. After 10, 15, 30 years of renting, you are left with zero
Two Ways To Live In Your House For Free: Cash Flow And Appreciation Read More »
If you’re wondering, “Should I refinance now?” The answer was YES in 2021. But not so much in 2022 after a ~2.75% rise in mortgage rates. Below are some thoughts from 2020 – 2021. (Jump to 2025 and there are more real estate buying opportunities) With so much pent-up savings and demand, surely prices are
Should I Refinance Now? Does A Bear Poop In The Woods? Read More »
The following is a guest post on money thoughts from David, a Financial Samurai reader and ex-government bond strategist in his 60s. David shares his money thoughts from a boomer retiree’s perspective with cancer. We had a fantastic exchange over e-mail and I invited David to share his wisdom about money. After all, the best
Life Goes By Quick: Money Thoughts From A Boomer Retiree With Cancer Read More »
As one of the pioneers of the FIRE movement in 2009, unfortunately, $5 million is barely enough to retire early with a family in a large city. It might sound ridiculous to you. But I assure you that thanks to inflation, retiring early is now tougher than ever before. Not only do you need to
Why $5 Million Is Barely Enough To Retire Early With A Family Read More »
One of the biggest peculiarities for hard working folks who want to achieve financial freedom is that we often don’t know when to stop grinding. In other words, when is it OK to forsake Stealth Wealth and start spending more on a better life? After all, you don’t want to die with too much money. Even
When Is It OK To Forsake Stealth Wealth And Spend Up? Read More »
Achieving financial freedom is the ultimate goal in personal finance land. Once you achieve financial freedom you can do anything you want, whenever you want. You can also say anything you want without fear of getting fired. In 2009, when I launched Financial Samurai, I helped kickstart the modern-day FIRE movement of retiring early and
Achieving Financial Freedom One Income Slice At A Time Read More »
