A couple earning $500,000 a year should feel rich, right? That’s top 2% territory in America—plenty of cash to save, invest, and splurge on the finer things in life. Or so you’d think. But when I dive into the financial lives of high-income households, the reality often doesn’t match the perception. Take, for example, this […]
From Struggling To Living Well On $500K A Year: Escaping the Rat Race Faster Read More »
This newsletter is proudly sponsored by Fundrise, my top choice for private real estate and private company investments. With over $3 billion in assets under management, Fundrise makes investing accessible to everyone, starting with just a $10 minimum. Personally, I’ve invested more than $300,000 with Fundrise to gain greater exposure to AI and high-quality residential
Newsletter For Dec 29, 2024: Grateful For The Year Read More »
“Flexing” is a slang term that means showing off or boasting about one’s accomplishments, possessions, or skills, often with the intention of impressing others. For example, someone might “flex” on social media by posting pictures of their new Porsche or sharing stories about their achievements. Personally, I’m not a fan of flexing—what’s the point? It
The Biggest Flex By Men Is Not What You Think Read More »
I recently had dinner with Steve Chen, founder of Boldin, in San Francisco, and I’m excited to deepen my partnership with his company. Since first writing about Boldin (formerly NewRetirement) in 2020, I’ve seen how much the platform has evolved and expanded its offerings. It is one of the most powerful financial planning tools today.
Boldin Financial Planner Review: Financial Freedom Made Easier Read More »
On Friday, after volunteering to help with setup and enjoying a Thanksgiving meal at my children’s school, I headed to the pickleball courts from 1:30 p.m. to 4 p.m. The courts were packed! In my group, two players were in their mid-20s, and one looked to be about 35. It’s clear that the downshift is underway, as
Newsletter For Nov 24, 2024: Downshifting Time Of Year Read More »
I had the pleasure of speaking with Bill Bengen, creator of the “4% Rule” for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about safe withdrawal rates. So, I figured it was time we had a chat to
The 4% Rule: Clearing Up Misconceptions With Its Creator Bill Bengen Read More »
After reviewing my analysis on a conversation I had with a financial professional in 2013, I decided to take another close look at my finances. To my surprise, I uncovered a huge gap between my perceived risk tolerance and the reality of my portfolio. Since leaving work in 2012, I’ve generally seen myself as a
Uncover Your True Investment Risk Profile: It’s Not What You Think Read More »
October 2024 marks one year since I purchased the most expensive house I could afford. Leading up to the purchase, I wrestled with uncertainty about whether buying such a home was the right move. For most, a home is the largest purchase they will ever make, bringing with it a mix of excitement and worry.
Reflecting On A Year After Purchasing A House I Didn’t Need Read More »
Dear Financial Samurai, This week’s newsletter focuses on protecting yourself and your family from harm. While researching for my post on government graft, I explored why the mayors of NYC and SF might not be tougher on crime. One possibility? Growing up in an environment where crime is commonplace might make it seem less urgent
Newsletter For October 13, 2024: Protect Yourself And Your Family Read More »
For over 10 years, my father has been my primary editor on Financial Samurai. When my father isn’t available, my wife steps in. This system has allowed me to maintain a consistent publishing schedule of three quality posts a week. Typically, I spend 1.5–3 hours writing a post. Then, my father spends 1–1.5 hours editing
Artificial Intelligence Put My Dad Out Of A Job And I’m Worried Read More »
