Are you wondering how good is the average 401k match? This article will go through what many companies are helping contribute to their employee’s retirement benefits. In summary, the average 401K percentage match is around 5% of salary up to $3,000. In other words, if you make $60,000 a year, you will get a 401k […]
How Good Is The Average 401k Match? Read More »
On Wednesday, April 26, 2017, Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn announced President Trump’s latest tax plan that proposes to cut corporate taxes and lower personal tax rates. For anybody who has ever made money, you know that paying tax on your income is one of your largest ongoing lifetime expenses. A progressive tax system
The Best Thing About Trump’s Tax Plan: Earning Business Income! Read More »
A fantastic topic came up over dinner one day regarding how to increase job security in today’s highly volatile economy. The usual tips came up, such as: be invaluable, develop strong internal relationships, and never call in sick on a Friday (slacker). All tips were logical, but the more we drank, the more out of
How To Dramatically Increase Your Job Security For Life! Read More »
In 2023, the average tax refund was $3,167, or almost 3% less than the prior year, according to IRS statistics. By comparison, the typical refund check jumped 15.5% to almost $3,300 in 2022, when taxpayers received generous tax credits like the expanded Child Tax Credit. The average tax refund in 2025 will likely be even higher. With the
The Average Tax Refund And How To Spend It To Maximize Profits Read More »
On March 8, 2017 I celebrated five years away from Corporate America. I also finally collected 100% of my remaining severance package on March 31. To celebrate, I’d like to share some insights into what I’ve learned since leaving the rat race. I’ll then share some more insights since 2017 as well. Initially, if anybody asked, I
Early Retirement Five Years Later: Reflections On Life After Work Read More »
One of the best ways to eradicate financial distortion is by meticulously tracking all investments. I’m pretty sure none of us will remember the exact details of what we bought, when we bought, and how much we bought years from now. This may lead to a significant miscalculation in cashflow during retirement. As a result, I’ve
Financial Samurai 1Q2017 Investment Recap Read More »
One of the most disappointing things about the government is their institution of the marriage penalty tax. The government is smart to laud the act of marriage in order to collect more taxes. When you’re in love, what’s an extra $1,000 or $10,000 a year in taxes you’ve got to pay? Love is blind and
At What Income Level Does The Marriage Penalty Tax Kick In? Read More »
Everyone deserves a nice car. If you’ve been saving and diligently for years, then a nice car you should get! After analyzing the safest cars on the road and researching the best mid-life crisis cars to buy, I’ve finally come to a decision on what to get next. For almost three years, I’ve been driving a
You’re Worth It! Everyone Deserves A Nice Car Read More »
My tenants don’t know this but I enjoy coming over to hang. I’m cooped up in my house working from 6am – 10am every morning, so it’s a pleasure when real human beings reach out to see if I can take a look at a problem. While I’m there, I enjoy asking to see how they’re
Net Worth Optimization Exercise: Don’t Neglect Valuable Assets Read More »
In 2019 the labor market was extremely tight. I considered going back to work before the next downturn. I’ve been out of the workforce since 2012 living the FIRE lifestyle. One of the reasons why I left corporate America was because there was a disconnect between pay and performance. It didn’t matter how well you
Should I Go Back To Work Now That The Good Times Are Back? Read More »
