This post will discuss the latest Federal Poverty Levels (FPL) by household size. Although America is one of the richest countries in the world and making over ~$38,000 a year puts you in the top 1% of earnings globally, there is still poverty in America. It’s a shame really, given how rich our nation is. […]
Federal Poverty Levels (FPL) By Household Size 2021 Read More »
Are you wondering is three million dollars enough to retire comfortably? The quick answer is yes. With three million dollars, you should be able to retire comfortably if you retire in your 60s. Depending on your cost of living and number of dependents, you can retire with three million dollars at a younger age if
Is Three Million Dollars Enough To Retire Comfortably? Read More »
Are you wondering if you can retire comfortably on only one million dollars? One million dollars used to be a lot of money in the 1980s and earlier. However, today, $3 million is the new $1 million, largely due to inflation. Further, due to the global pandemic, interest rates have collapsed. The Federal Reserve has
Can You Retire Comfortably On Only One Million Dollars? Read More »
Are you close to age 50 and wondering how much should I have in my 401k at age 50? The 401k amount by age 50 depends on whether you are average or above average. The average 401k amount by age 50 is about $150,000. But for the above-average 50 year old, he or she should
How Much Should I Have In My 401k At Age 50? Read More »
The best time to retire may be under a Democratic President. Democratic Presidents tend to create larger social and financial safety nets paid for by higher taxes. For those who are close to retirement or constantly thinking about retirement, this post is dedicated to you. In general, I’ve tried not to rely on the government
The Best Time To Retire May Be Under A Democratic President Like Biden Read More »
Want to retire earlier? Don’t want to both retire early and live the dream life? Then learn how to convince your spouse or partner to work longer! This way, you can kick back and live the early retirement dream lifestyle! One can either work hard for their wealth, inherit their wealth, or marry into wealth.
How To Convince Your Spouse To Work Longer So You Can Retire Earlier Read More »
Are you wondering how much do bloggers make? With many more people working from home, the idea of making money blogging has exploded in popularity. The reality is, you can much a lot of money blogging. Blogging is the best business in the world. I truly believe this as someone who has run Financial Samurai,
How Much Do Bloggers Make? A Lot More Than You Think! Read More »
If you want to get ahead, have a productive morning. A productive morning will likely make you richer. Unfortunately, a productive morning might not always mak you happier. Let’s say the average person wakes up at 7 am and goes to bed at 11 pm. You decide to wake up at 5:30 am and work
A Productive Morning May Make You Richer, But Not Always Happier Read More »
Accurate passive income forecasting is important for tax minimization, better time utilization, stronger mental health, and increased overall happiness. Some passive income investments are harder to forecast than others. In 2020, I made a big mistake by inaccurately estimating my passive income. At the beginning of 2020, I estimated I would earn roughly $70,000 from
Accurate Passive Income Forecasting Is Vital For Long-Term Happiness Read More »
November 2020 was a solid month. After a disappointing October 2020, the S&P 500 and NASDAQ returned 10.8% and 11.8%, respectively. After November’s gains, the S&P 500 is up 12% for the year. Could you have guessed that after being up ~30% in 2019, we’d be up another 12% during the middle of a pandemic?
November 2020 Review: Everything Is A Teachable Moment Read More »
