The bottom line is that $750,000 can last more than twice as long if you live in a low-cost state in the South rather than higher-cost locations on the coasts or in Hawaii. However,you’ll have to balance the cost of living with the type of retirement you’d enjoy. Here’s the ...
We have about $750,000 in savings and investments. I took my Social Security on my own work record this month. With the assistance of plans created viaNewRetirementandSchwab, we will spend to our guesstimated earthly ends. This is also calledDie With Zero(the title of a very interesting ...
So long as an applicant meets the MAS-mandated minimum requirements, then banks have the discretion to approve them for any sort of credit card, be it an entry-level plastic card with no annual fee, or a top-of-the-line invite-only metal card. In practice, however, banks use income re...
A 401(k) is part of your newthree-legged retirement stool. The other two legs include your after-tax investment accounts and your side hustles. In other words, it's up to all of us to take care of our own retirement needs and not depend on anything else. Although the 401(k) pales...
So much can happen in five years that it's impossible to know the future. You might not even want to buy a house five years later. Therefore, you should invest your House Fund as you would your retirement accountsbased on your age or work experience. ...
Over a long multi-decade period like the gigantic retirement you and I will be enjoying, enormous things have happened in the past. The Great Depression. The World Wars, Vietnam, and the Cold War. The abandonment of the gold standard for US currency and years of 10%+ inflation and 20%...
What return does the portfolio deliver in the long term, and In what order (or sequence) – i.e. if it alternates 15% and -5% every year, you do much better if you begin with a +15 and not a -5. I’m using the Flexible Retirement Planner to see how confident I can be that ...
By tracking your net worth on a regular basis, you can see your financial progress over time. Incomeis a key factor in financial success as long asspendingis controlled. If it is not, income becomes pointless. That’s my initial primer on net worth. Anyone have anything to add?
SF Bay Area Real Estate In 2021 I'm always going to look for real estate bargains in San Francisco. The city is just too dynamic with so many high paying jobs it's hard to bet against the SF Bay Area real estate market over the long term. ...