If you want to retire early, you must maximize the value of your after-tax investments (taxable investment portfolio and real estate portfolio). It is your taxable portfolio and investments that will generate the passive income necessary to retire early. It is also the taxable portfolio that will enable you to feel secure during times of […]
After-Tax Investment Amounts By Age To Comfortably Retire Early Read More »
When Supreme Court Justice Ruth Bader Ginsburg died on September 18, 2020, at 87 years old, the first person I thought about was my 9-month-old daughter. I thought about how RBG fought her entire career for women’s rights so that daughters, mothers, and sisters everywhere could lead better lives. Thank you RBG! I’m not sure
Ruth Bader Ginsburg And The Importance Of A Strategic Retirement Read More »
生き甲斐, pronounced ikigai, is a Japanese concept that means “reason for being.” In other words, what makes you get up in the morning without an alarm clock because you’re so damn excited?! Ikigai is at the heart of Financial Samurai, this personal finance site I created in 2009 to hep people achieve financial freedom sooner
Ikigai Is Why You Shouldn’t Be Afraid Of Retirement Read More »
There is a downside of retiring early that many people don’t discuss. Instead, folks just focus on the positives of retiring early. Not having to work a miserable job is a dream for most people. For 13 years, I toiled away in the stressful world of investment banking that gave me constant back pain. My
The Downside Of Retiring Early: Beware Of Absolute Freedom! Read More »
Are you looking to learn how to better manage your 401(k) for retirement success? You’re in the right place. At 34, I managed to grow my 401(k) to over $500,000 during my relatively short 13-year career working in finance. Today, my 401(k) is now worth over $1,200,000, which is now a rolled over IRA after
How To Better Manage Your 401(k) For Retirement Success Read More »
If you don’t want to work all your life you need retirement savings. If you want to retire before the traditional age of 65, then you need a ton of after-tax retirement savings to generate enough passive income. Let’s take a look at the average retirement savings for Americans. Unfortunately, the average American retirement savings
The Average American Retirement Savings Is Too Low Read More »
There are plenty of retirement calculators out there, but which one is the best retirement calculator? I’ve tested out over 20 retirement calculators since 2012 and all aren’t very good because none of them use your actual income and expenses. Most people just guesstimate how much they’ve been spending on average over the past year or
Best Retirement Calculator: Empower Personal Capital’s Retirement Planner Read More »
The Empower (Personal Capital) Retirement Planner is an excellent tool for analyzing how much retirement cash flow you will have compared to your retirement expenses. When it comes to planning for retirement, you cannot be too careful because there is no rewind button in life. Do you really know how much you need to retire?
Empower (Personal Capital) Retirement Planner Review Read More »
Congratulations for thinking about retirement! The key to retirement is saving more money. Too many people wake up old one day and realize, “Oh crap! Where did all my money go?!” As a result, they end up having to work long after they want to retire. Is there any wonder why there are so many
How To Save More For Retirement Without Really Trying Read More »
If you don’t have an endless amount of money, deciding whether to invest for retirement or pay down mortgage debt is a common dilemma. Paying off your debt means reduced stress, lower risk exposure, and a greater ability to withstand personal emergencies. But if you don’t pay off your mortgage debt in full, your mortgage
Invest For Retirement Or Pay Down Mortgage Debt? Read More »
