Search Results for: early retirement

Do the rich have it better than us? According to Personal Capital, the leading digital wealth management firm, the answer may be a resounding yes. Here are some financial insights from wealthy families. The findings were taken from a survey of 1,001 parents in the U.S. with household investable assets of $500,000 or more and […]

So you want to buy a home, but you don’t have enough money to come up with a down payment. Good news. You can withdraw from your 401(k) or IRA to buy a home. You can take up to $10,000 out of your IRA penalty-free for a first-time home purchase. If you are married, your

The 401(k) has replaced the company pension as the primary way Americans save for retirement. Add on Social Security benefits and after-tax investments, the 401(k) is one leg of the three-legged retirement stool. But are you wondering whether you can have too much in your 401(k)? Let’s discuss! Given the importance of the 401(k), a

Saving for a house is one of the hardest financial goals you can have. Depending on where you live, you’ll have to come up with between $50,000 – $300,000 based on a 20% downpayment. This article will talk about the best ways to save for a house down payment. The reason why so many adult

As a personal finance blogger since 2009, let me share with you the best free online financial product to grow your wealth. I live in San Francisco, the epicenter for technological and financial innovation. After five years of research, I’ve narrowed down the best financial product to help you grow your wealth based on the following

In a trade war, everybody loses. Let’s look at trade war economics and how it affects investors. Think about what happens during the final minutes of a tense basketball game. The front row stands up because they are both nervous and excited. Because they block the view of the second row patrons, the second row

Are you wondering how much should I have in my 401k at age 40? Good for you to wonder because age 40 is a big financial milestone. By age 40, you should be in your prime earning years. You should also be seriously thinking about retirement planning. You may only want to work for 10-20

Wonder how much savings should I hav by age 35? Most financial advisors say you should have 2X your annual income saved up by age 35. In other words, if you make $75,000 a year at 35, you should have at least $150,000 in savings. I don’t disagree at all. In fact, I encourage an

Making $300,000 a year sounds like a lot of money. $300,000 is a top 10% income. But unfortunately, making $300,000 will provide you a very middle class lifestyle in a big expensive city, especially if you have children. To make $300,000 usually means having to live in a more expensive city. Making this level of