The best time to retire may be under a Democratic President. Democratic Presidents tend to create larger social and financial safety nets paid for by higher taxes. For those who are close to retirement or constantly thinking about retirement, this post is dedicated to you. In general, I’ve tried not to rely on the government […]
The Best Time To Retire May Be Under A Democratic President Like Biden Read More »
Want to retire earlier? Don’t want to both retire early and live the dream life? Then learn how to convince your spouse or partner to work longer! This way, you can kick back and live the early retirement dream lifestyle! One can either work hard for their wealth, inherit their wealth, or marry into wealth.
How To Convince Your Spouse To Work Longer So You Can Retire Earlier Read More »
Your net worth can be calculated in many different ways. Let’s explore how your net worth is calculated according to wealth managers and socialists. After all, with Joe Biden as President, there’s more hyperbole talk about socialism coming back to America. One of the common beliefs I’d like to overturn is the idea that one shouldn’t count their primary residence as
Calculating Your Net Worth According To Wealth Managers And Socialists Read More »
Is earning $1 million a year, at least a top 1% income, enough to retire early? Most would say yes. However, some people who earn $1 million a year having a hard time letting that money go. After all, all you’ve got to do is work one more year and you will make another $1
When Earning $1 Million A Year Isn’t Enough To Retire Early Read More »
Knowing the historical 401k contribution limits is important for understanding how much you can really save in your 401k each year. When most of us think about how much we can contribute to our 401(k), we only think about how much we can contribute as an employee. Instead, think also about how much an employer
Historical 401(k) Contribution Limits: Employer Profit Sharing Is Significant Read More »
Learn how to build passive income for financial independence and your happiness will increase. I have been creating passive income since 1999, when I realized I didn’t want to work in investing banking forever. Getting in at 5:30 a.m. and leaving after 7 p.m. every evening was too brutal! Creating genuine passive income is the
How To Build Passive Income For Financial Independence Read More »
Hedge funds get a bad wrap. due to relative underperformance, high fees, and huge paydays for hedge fund managers. However, investing in a hedge fund helped save my retirement portfolio during the 2000 dotcom collapse. One of the benefits of working at an investment bank is gaining access to a variety of investment opportunities that retail
How Investing In A Hedge Fund Saved My Retirement Portfolio Read More »
Your net worth composition will likely change the wealthier you get. The wealthier you get, the generally more conservative your net worth allocation. However, wealthier people also have more of their net worth in business equity as you’ll see below. For example, my net worth composition in my 40s looks nothing like it did when
Net Worth Composition By Levels Of Wealth: Build A Business Already Read More »
Are you wondering which states are best for retirement? As a retiree since 2012 let me share the best states for retirement based on taxes, weather, and lifestyle. My method for calculating the best states for retirement are objective and logical. In retirement, you want to live in a place that has reasonable taxes. Every
Which States Are Best For Retirement? Read More »
Social Security is America’s national pension system. The income limit for maximum social security tax goes up every year. This is because Social Security is underfunded by roughly 25% as of 2022. The 2023 income limit for maximum Social Security tax rose 9% to $160,200. For those of you who believe the government is efficient
Income Limit For Maximum Social Security Tax 2023 Read More »
