Search Results for: early retirement

According to the St. Louis Federal Reserve, the real median household income in America is roughly $61,372 at the end of 2018. In other words, real median household income hasn’t gone anywhere in roughly 20 years. The data is not out yet for 2020, but you can bet after tens of millions have lost their […]

We’ve learned in a previous article that the financial situation in America is dire. With the median retirement savings of only $5,000, many Americans will be working for longer or living a more spartan retirement life. Now what’s the personal finance readers racial makeup? Let’s look at the Urban Institute’s calculation for average family liquid

Good investing is all about being properly diversified based on your risk tolerance. Let me share the three fund portfolio asset allocation strategy for better investing. “Don’t put all of your eggs in one basket.” Not just lore, there is modern investing research to support this age old maxim. In investment terms, diversification, based on

Savings is the key to financial freedom. From savings, comes investing. And from investing, comes asset growth that will set you up for a comfortable retirement. If the amount of money you’re saving each month doesn’t hurt, you’re NOT saving enough! How much should you have saved at every age? Let’s take a look. Expense

Are you wonder, what your savings at 65 should be to live a good retirement ? The answer depends on your lifestyle, life expectancy, and what you want to do after 65. At the very least, at age 65, you should be retired from work you don’t love to do. Sure, you can still work

When the markets are on fire, it’s easy to forget about things like saving and retirement planning. All you want to do is celebrate and splurge! But great wealth comes from financial responsibility during both good times and bad. And believe it or not, there are some top financial moves to make when the economy

The best robo-advisor for your money in the new decade is Personal Capital. The decision is based on hundreds of hours of analysis. Personal Capital has been around since 2011 and the company is run by Silicon Valley tech and security veterans. I’ve used their free financial tools since 2012 and have seen my net

The best online brokerages for investing your money are rated based on the following criteria: Platform Technology Ease Of Use Cost (should be free in 2020+) Accessibility Picking stocks is tough long-term because most people are not professional investors and most professional investors underperform the S&P 500 index. Therefore, it’s best for individual investors to

It’s an age-old debate when it comes to personal finance: Invest in a 401(k) for retirement or invest in real estate? Which one wins? It’s nearly impossible to answer that question for everyone. We’re all different, and it would be irresponsible to suggest a one-size-fits-all solution without knowing YOUR personal finance situation. That said, they