After rolling over my 401(k) into an IRA, I’d like to focus on potentially the single most beneficial reason why everyone should convert their 401(k) into an IRA after they leave their jobs: Rule 72(t). Rule 72(t) allows for penalty-free withdrawals of your IRA account before the age of 59.5 provided that the IRA holder take […]
Use Rule 72(t) To Withdraw Money Penalty Free From An IRA Read More »
To keep motivation up, remind yourself about the reasons for saving and investing so diligently. Once you have clear purposes for your money, saving aggressively becomes much easier. It’s too easy to eat one more cookie and find ourselves unrecognizable 10 years later. When we live in a free and abundant country, life can get
The Best Reasons For Saving And Investing So Diligently Read More »
Do you want to live a happier life? If so, you must learn how to forecast your misery. If you learn how to forecast your misery, you’ll be better prepared when that inevitable time period comes that tries to mess up your life. Whenever I meet a fresh college graduate at a random mixer, I’m
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Age discrimination in the workplace is all too common. This article discusses why we need to eradicate age discrimination, especially when there is a need to accumulate a larger net worth and work longer now that times are so uncertain. Every large corporation has some type of annual “Diversity Training” course where we learn not
Over The Hill At 40 – Age Discrimination In The Workplace Read More »
You can get rich by working hard and investing wisely for a long time. Or you can get rich by finding yourself a wealthy spouse. This post will share how to get a rich man to be your boyfriend or husband. Over the past 20 years, a number of my female friends have been able
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Have you ever wondered what happens if I don’t pay my taxes? This article will share with you all the possibilities of what might happen. If you are like me and millions of other screwed Americans, you owe taxes by April 15. I used to think that it was always better to owe taxes each
What Happens If I Don’t Pay My Taxes? Penalties And Solutions Read More »
This is the Financial Samurai 1Q2018 investment update and outlook. Hopefully everyone got some laughs this April Fool’s! It’s always good to poke fun at yourself once in a while to stay grounded. Yes, Twitter is indeed like high school where there are gang ups, non-stop gossiping, and outbursts of hormonal rage. One of the
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Let me introduce to you the next best frugal site: Frugal Wonderful! A buddy of mine who so happens to be a very successful frugal blogger gave me some incredible advice recently. He said, “Sam, you’re doing it all wrong focusing on the mass affluent / aspirational niche. Instead of writing about investing, entrepreneurship, and
Creating The Next Best Frugal Site: Introducing Frugal Wonderful Read More »
When it comes to growing your net worth, having extreme net worth targets by age, income, and work experience is a good idea. Even if you can’t reach the extreme net worth targets, you will likely have pushed you harder had you not had such aggressive goals. Most people don’t have any net worth targets
EXTREME Net Worth Targets By Age, Income And Work Experience Read More »
In my post discussing how managing your family’s money can be a full-time job, I reveal how I didn’t realize my wife’s SEP-IRA account was sitting on 25% cash for who knows how long. With so many accounts to manage, this mistake ended up costing us several thousand dollars in opportunity cost. As a result,
Your Investment Mistake May Actually Be An Investment Win Read More »
