Senior workers outnumber teenage works for the first time ever. This is interesting because the pandemic has also created more job quits than any time in history. Bloomberg highlighted an interesting chart stating that for the first time ever, working seniors outnumber teens in the labor force. Currently 6.6 million people over the age of […]
Senior Workers Outnumber Teenage Workers For The First Time Read More »
In my 9th year of early retirement, I realized I made a serious mistake that cost me $500,000+. Let me tell you what happened so you don’t do the same. The biggest financial mistake early retirees make are often realized until way after the fact. Estimated Passive Income In Retirement When I left Corporate America
One Of The Biggest Financial Mistakes Early Retirees Make Read More »
Any rational person would agree that living on the West Coast is better than living on the East Coast. Anybody who tells you otherwise probably has never experienced West Coast living long enough to understand the difference. I’m rational. I’ve lived on both coasts for over 10 years each and I don’t believe there’s really much
East Coast Living – Is It Really That Bad? Read More »
The following is a terrific guest post from Spencer, a captain in the US Air Force, who gives a complete overview of the financial benefits of joining the military. There are many different paths you can take in life. Blue collar, white collar, no collar – the jobs you do often reflect your upbringing. If
When you find a great job that you love, it’s like winning the lottery. Working doesn’t feel like work when you’re doing something that’s fulfilling and in line with your interests. If you feel like debating, head over to “The Dark Side Of Early Retirement” and get your fix. I stand by my main thesis that
The List of Jobs I’d Do For Free Baby! Read More »
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
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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 »
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 »
According to the Bureau of Labor Statistics, only about 55% of the American workforce has access to a 401(k) and only about 38% of the total workforce participate. Doing some low level math, that means roughly 31% of those who have access to a 401(k) are not participating. What are people doing with their money?
The 401(k) Participation Rate Is Shocking Read More »
Do you really know how much you need to retire? A lot of people like to throw out random numbers without really doing the math. One million dollars is a nice round number that often gets brought up for retirement. Unfortunately, $3 million is the new $1 million thanks to inflation in rent, property prices, tuition, automobiles,
Best Retirement Planning Calculator By Personal Capital Read More »
