Term life insurance is the cheapest, most appropriate, and best type of life insurance for the vast majority of Americans. Whole life insurance is the other type of life insurance with a cash component that can be used to build wealth in a tax-deferred manner. I’ve personally got a $1 million, 10-year term life insurance […]
Term Life Insurance: The Best Choice For Most People Read More »
It’s not easy refinancing a rental property mortgage nowadays. The lending market has tightened up with higher rates and fears of another recession. This article will discuss the documents needed to refinance a rental property mortgage. Rental property mortgages are always between 25 to 50 basis points higher than a primary home mortgage due to
Documents Needed To Refinance A Rental Property Mortgage Read More »
My grandfather used to own a small, 8-acre fruit and plant farm on the western side of Oahu. It was a magical place nestled next to the majestic Waianae mountain range. The farm was part of his retirement income strategy as he rented out a portion of the land to his neighbors who grew green
FarmTogether Review: A Sustainable Farmland Investment Manager Read More »
Whole life insurance is a type of life insurance designed for individuals who plan to have significant assets or have significant assets while also desiring to protect their family from an untimely death. Coverage does not expire as long as the policyholder’s account is active and in good standing. If you’re looking to buy whole
Whole Life Insurance: What It Is And How It Works Read More »
If you love your spouse, you’d make them financially independent. If you don’t truly love your spouse, then you’d make them depend on you for all their financial needs. Depending on someone for money is a terrible feeling. Imagine being a grown adult and returning home to live with your parents after four years of
If You Love Your Spouse, You’d Make Them Financially Independent Read More »
I’ve mentioned one of my regrets was having kids late. I was too focused on my career. Then I became too focused on achieving financial independence to make room for little ones. Ideally, I would have liked to have had my first kid at age 34 instead of at age 39. However, a conversation with
Dear Older Parents, Having Kids Late Might Be The Best Choice After All Read More »
If you’re thinking about retiring, it’s better to retire in a bear market than in a bull market. I’ve been “fake retired” since 2012 and I want to explain why this is so. I put fake retired in quotes because these posts don’t write themselves. My podcasts don’t record themselves either. I also did some
Why It’s Better To Retire In A Bear Market Than In A Bull Market Read More »
Quitting is considered a dirty word. I’ve always had the view you should never give up if you want to achieve your goals. Even if you break both legs, you better drag yourself through the mud and rain to reach glory on the other side! However, as I grow older, I’m slowly coming to accept
Maybe Quitting Is The Best Decision If You Can’t Give It Your 100% Best Read More »
Shoot to retire by a certain age, not by a certain financial figure. Time is finite. Money is not. You can always make more money, but you can never make more time. Live until 60 and then say good-bye. This has been my mindset ever since I moved to San Francisco in 2001. I know
Shoot To Retire By A Certain Age, Not By A Certain Financial Figure Read More »
The Health Savings Account, or HSA for short, is touted as one of the best ways to pay for medical expenses and save for retirement due to its tax benefits. You get triple tax benefits: 1) you contribute to your HSA with pre-tax dollars, 2) pay medical expenses with pre-tax dollars, and 3) get to
The Pros And Cons Of A Health Savings Account (HSA) Read More »
