Let’s look at some investment strategies for retirement baed on modern portfolio theory. As a retiree, you are focused more on capital preservation since you can’t or don’t want to go back to work. After publishing my post, The Best Asset Allocation Of Stocks And Bonds By Age, I decided to do a comparison of what […]
Investment Strategies For Retirement Based On Modern Portfolio Theory Read More »
The median net worth for US families in 2018 plunged to just $77,300 from a high of $126,400 in 2007. This is according to the Federal Reserve’s Triennial Survey of Consumer Finance. $77,300 can’t even buy you two years of private college tuition! No wonder why so many people think the US is screwed. The
The Median Net Worth Plummets To Early 1990s Levels Read More »
In order to achieve financial freedom, you must build your financial nut as large as possible. Once you have a larger enough financial nut, it will be able to generate enough passive income to cover your living expenses. This is the true definition of financial independence. In some years, your financial nut will return an
Build Your Financial Nut: 401(k) Retirement Contributions Matter Less Over Time Read More »
Are you a morning person or an evening person? I’ve been a morning person since I had to get into the office at Goldman Sachs at 5:30 am in 1999. More than 24 years later, I’m still a morning person. One of the ways to make more money is to work while others are sleeping
Are You A Morning Person Or An Evening Person? Discovering The Early Risers Read More »
Would you give up all the pleasures in life to pay off your mortgage early? One man did, which is amazing. Before we get to his story, let me share my own mortgage pay off story. I bought my first property a week after turning 26. It was a two bedroom, two bathroom, 1,000 sqft
Imagine going to work and not having a work sponsored retirement plan like a 401k or IRA. Unimaginable right? Employers are already doing away with pensions and Social Security doesn’t pay much. To not have anything may jeopardize an employee’s financial future. It turns out about 50% of Americans work for small businesses, but only
ForUsAll: Solving Small Business Retirement Planning Read More »
Although Social Security is underfunded by ~22%, I believe Social Security will make us all millionaires in retirement. Let me explain, especially with the massive cost-of-living adjustment for 2022. When I was driving home from San Mateo one day I took a wrong turn and ended up at Hillsdale Mall. There I saw an amazing
Social Security Will Make Us All Millionaires In Retirement Read More »
In the spring of 2012, I hung up my sword after working in finance since 1999. But I’ve discovered it’s impossible to stay retired once you retire early. There was actually a hiccup the very last day of work, a Friday. When I was e-mailing some personal files from my work account to my personal account
It’s Impossible To Stay Retired Once You Retire Early Read More »
Who doesn’t like a pair of nice fitting jeans? Did you know that you can use the jeans strategy to save more for retirement and stay in better shape to boot? What the heck is the jeans strategy? Read on to learn how jeans can inspire you to save money and stay healthy. For the
Use The Jeans Strategy To Save More For Retirement And Stay In Better Shape Read More »
So you listened to the State Of The Union and heard President Obama muff the pronunciation of MyRA. Was that “My IRA?” Or was that “Myra,” like a woman’s name? I’m going with the latter. There’s an excellent 2,100 word piece entitled, “Will MyRA Solve The Retirement Crisis?” on Daily Capital you may want to check
MyRA Won’t Help The Retirement Savings Crisis Read More »
