There’s no one-size-fits-all best age to get life insurance. However, I believe the best age to get life insurance is around age 30. And the best life insurance term to get at around age 30 is a 30-year term life insurance policy. If you get life insurance at 30, you will likely get the best
The Best Age To Get Life Insurance Based On Logic And Reasoning Read More »
Wealthfront has been very quite since 2019. You don’t hear them in the news or anything. It’s kind of strange to be frank. Now I’m wondering is Wealthfront running out of money. Wealthfront, one of the largest independent digital wealth management firms, closed a $75 million round of funding in 1Q2018 to help develop new
Is Wealthfront Running Out Of Money? Company Has Been Very Quiet Read More »
Multifamily property is a defensive countercyclical investment and I’ll share with you why in this detailed post. As an investor in multifamily properties for a decade, I’ve seen this type of investment significantly outperform during economic downturns. Defensive investments are those that can potentially mitigate the effects of broader market swings. They are typically thought
Why Multifamily Property Is A Defensive Countercyclical Investment Read More »
We are a jobless family in San Francisco. Both my wife and I don’t have jobs. We haven’t had jobs since 2012 for me and 2015 for her. Yet, somehow we’ve managed to do fine while raising a family in expensive San Francisco. Here’s our story. If the amount of money you’re saving each month
How One Jobless Family Of Three Thrives In Expensive San Francisco Read More »
Are you wondering how much you should have saved by 55? By 55, you should have saved at least 12X your annual expenses or income. Your ultimate goal is to save more than 25X your annual income before you retire. Saving 12X your annual income is much harder, but for those of you who like
How Much Should I Have Saved By 55? Read More »
Although being a millionaire sounds nice, it’s not that impressive anymore thanks to inflation. In order to be a real millionaire, you will need to have a net worth of at least $3 million, not $1 million. A $1 million net worth provided a great lifestyle before 1990. Not so much today. If you retired
Are You A Real Millionaire? $3 Million Is The New $1 Million Read More »
The latest average 401(k) and IRA contribution is $7,000 and $4,500 for 2020. The data comes from Fidelity, one of the largest administers of 401(k) and IRA plans in the country with roughly 30 million retirement accounts. The average 401(k) contribution of $7,000 is pretty low given the maximum one could have contributed was $19,500.
The Average 401(k) And IRA Contribution: Not High Enough Read More »
If you want to be rich, happy, and free, you must cultivate your X-Factor. Your X-Factor can be building something on the side that makes money beyond your day job. Your X-Factor can also be developing a top 1% talent in a sport, music, or art that provides you a tremendous amount of joy. Some
Your X-Factor Is Key To Being Rich, Happy, And Free Read More »
Age 30 is one of the most crucial ages in your life. You will have either made it or know you are on the path to making it by 30, or you will be somewhat lost for whatever reason. This post will address your question: How much savings should I have by age 30. If
How Much Savings Should I Have By 30? Read More »
Are you wonder how much savings should I have by age 60? You’ve come to the right place as someone who has been writing about retirement strategies and money since 2009. Age 60 is an important milestone when most Americans start thinking about retirement or retiring. Once you hit age 62, you are eligible to
How Much Savings Should I Have By Age 60? Read More »
