Search Results for: early retirement

Important Details Investors Should Know About The Coronavirus

57 Comments / Retirement / By

Thank goodness the stock market, real estate market, and economy bounced back since the worst of the coronavirus hit in early 2020. That said, here are important details investors should know about the coronavirus. The coronavirus is likely here to stay even though we have multiple vaccines. Coronaviruses are actually a group of viruses that cause diseases in […]

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How Long Will The Average Person Take To Earn $1 Million Around The World?

64 Comments / Career & Employment, Investments / By

The Economist put out an interesting chart highlighting how long it takes the median household income to earn one million dollars before tax. Have a look. Given the median US household income was roughly $68,000 in 2021, it will take roughly 14.7 years for the typical household to earn $1 million gross. For 2026, the

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Three Things I Learned From My Estate Planning Lawyer Everyone Should Do

95 Comments / Family Finances, Retirement / By

My estate planning lawyer said something interesting before I decided to hire her. “People who aren’t rich might need estate planning more than rich people because they might not be able to afford to pay probate fees in the case of an untimely death.“ Leave it to the US court system to make the distribution

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How Much You Need To Retire And Never Have To Worry Again

48 Comments / Budgeting & Savings, Retirement / By

“How much do I need to retire?” is a question that comes up over and over again. So once and for all, let me suggest a simple, very logical and conservative method. I hope you can utilize my method to estimate how much you need to retire. Having specific retirement goals is a key to achieving success and

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Refinance Your Mortgage Now As The Yield Curve Inverts

66 Comments / Mortgages, Real Estate / By

This post was written in January 2020, when the yield curve was inverting. That was the time to refinance your mortgage and I encouraged the entire Financial Samurai community to do so. We did, and are sitting pretty with low mortgage rates and higher property prices. Whenever the yield curve inverts, refinance your mortgage. Let

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Most People Make A Lot More Money Than You Think

100 Comments / Career & Employment, Motivation / By

Most people make a lot more money than you think. This truth is why there’s no need to worry about the people’s finances. When you see headlines from the media about people making poor financial decisions, this is just media schadenfreude.  The reality is, people not only make more money than you think, people are

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