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 »
A self-directed IRA may be a good idea. Let me explain why, especially if you invest in growth stocks and have a proclivity to day trade. With a self-directed IRA, you can do much Picture the scenario: You’ve been a virtual slave to your office. (Hard to imagine, right?) There’s always some paper to be filed, some
A Self-Directed IRA For Your Retirement Planning Read More »
Every person has a different idea of the perfect retirement. Some are happy to live off the grid where nobody speaks another language other than English and the best restaurant in town is the greasy spoon. Others are happy to live in a one bedroom or even a trailer to make ends meet. Heck, some
What If You Don’t Want To Eat Dog Food And Live In The Middle Of Nowhere In Retirement? Read More »
Despite mentally writing off the value of my Social Security benefits, in the bottom drawer in the way back of my cob-webbed mind, I know it will be there to fund my early bird special seafood buffets when I’m retired. Sure, the eligibility age for withdrawal might rise from 62 to 67, but we’re all
You Can Count On Social Security Benefits In Retirement Read More »
After retirement, what do you think you’re going to do? The obvious answer is save the world of course! If you don’t plan on retiring to something, you may end up experiencing all the negativities of retirement you did not know existed. OK, you can’t really save the world, but you can certain do things
What To Do After Retirement? Save The World Of Course! Read More »
As students, it is trendy and idealistic to be Socialists. It’s just not cool to be a Capitalist while in school. We believe in our leaders and want to help as many people as possible through programs we don’t have to pay for. When we only pay a little or no taxes at all, of
Working Is To Capitalism As Retirement Is To Socialism Read More »
Author Romeo Clayton of How We Prevent Wealth is hosting a challenge for all of us to figure out how much do we exactly need for retirement. He calls it “The Wealth Number Challenge” where we input our current age, savings, rate of return, current tax rate, annual contribution, years during retirement and more to
What’s Your Retirement Wealth Number? Read More »
Australia is one of the richest countries in the world. In fact, the average inheritance in Australia is the highest in the world! How can this be when Australia doesn’t have many world-class companies you’ve heard of? Let’s explore Australia’s education, investment, tax, healthcare, and retirement system. Australia: One Of The Richest Countries In The
A Look Inside Australia’s Education, Investment, Tax, Healthcare & Retirement System Read More »
As I wrote in my review of “Your Money Ratios”, Charles’ book sings to me. Charles has the ability to simplify complicated financial topics for the average reader to understand. His book is seriously one of the best books I’ve read on personal finance in a long while. One of the keys to progress is
Charles Farrell of “Your Money Ratios” Speaks About Retirement And Investing, Read More »
Due to the U.S. and Israel’s bombing of Iran, oil prices temporarily shot up to $120 per barrel (WTI crude). If the Strait of Hormuz gets completely shut down, perhaps oil prices might go to $150+ a barrel. This would create a tremendous tax on consumers everywhere. With yet another increase in a core living expense,
How to Survive Higher Oil Prices After The Bombing Of Iran Read More »
