Creating a financial plan isn’t a one-time task—it’s a lifelong journey. It’s not just about setting goals and walking away. Instead, it’s about adapting your plan to your evolving life, goals, income, and priorities. Many people think of financial planning as a rigid, set-in-stone blueprint. But real financial security comes from a flexible plan that […]
Why A Static Financial Plan Won’t Work – What To Do Instead Read More »
The IRS has announced new income limits for its seven tax brackets for 2025, with income thresholds increased by about 2.7% to adjust for inflation. This follows a 5.4% increase in 2024 and a historically large 7% bump in 2023. Reaching a top one percent income is becoming more challenging given the threshold keeps increasing
2025 Tax Brackets: New Ideal Incomes For Workers And Retirees Read More »
Out of all the things you could donate your hard-earned money to, giving to your child’s school might not be at the top of your list. If your children attend a private grade school with sky-high tuition, donating to the school might feel even more unnecessary. With so much poverty, homelessness, broken homes, and people
The Surprising Benefits Of Donating To Your Kid’s School Read More »
As an investor, it’s essential to understand that risk assets come with no guaranteed returns. Setting and following a stop loss can help protect your capital from significant losses, especially if you’re an active investor who picks individual stocks. Yet, I’ve come to realize that stop losses aren’t only useful for active investors—they can be
Apply Stop Losses To Protect Your Wealth And Quality Of Life Read More »
If you haven’t spoken to a financial professional in over a year, I suggest you speak to one. You will likely get great insights into how you can better invest your hard-earned money. Further, the financial professional might uncover some financial blindspots you had no idea you had. Empower is actually offering free financial professional
How Speaking To A Financial Professional Saved Me From Myself Read More »
Since the bottom of the global financial crisis in July 2009, the S&P 500 has generally experienced a bull market. While there were challenging periods in 2018, 1Q 2020, 2022, and April 2025, stock market investors have largely been well rewarded. However, Goldman Sachs and Vanguard warns that the good times might be coming to
Finishing Rich Despite A Low-Return Stock Market Environment Read More »
Dear Financial Samurai, With the S&P 500 hitting yet another record high, it feels like we can do no wrong. The economy remains strong, with September retail sales up 0.4% from August, while expectations point to further rate cuts—potentially 25 basis points at every meeting through next July. The Fed aims to be restrictive, but
Newsletter For October 21, 2024: Starting To Reach Read More »
One of the worst experiences for a homeowner is filing a home insurance claim only to be told it’s not covered. After years of paying premiums, the insurance company doesn’t deliver when it’s needed most. What a disappointment. This disconnect happens because we rarely take the time to review our home insurance policies each year.
A Home Insurance Policy Review To Understand What’s Covered Read More »
This is the October 6, 2024 free Financial Samurai newsletter. To join 60,000+ others looking to achieve financial freedom sooner, subscribe here. Financial Samurai was founded in 2009 and is the leading personal finance site today. Everything is written based off firsthand experience and knowledge because money is too important to be left up to
Newsletter For October 6, 2024: AI Funding And Retiring Rich Read More »
One of the most significant developments to come out of the pandemic, if not the greatest, was the shift to remote work for millions of employees. Beginning in March 2020, businesses quickly adapted out of necessity, keeping their operations afloat with employees working in pajamas from their living rooms. However, this golden era of remote
Settling The Work From Home Debate Once And For All Read More »
