For roughly the first 45 years after President Franklin D. Roosevelt embarked on the Social Security program during the Great Depression, its trust fund was intact, well supplied, and never a concern of anyone…
The Big Short was a hit 2015 movie featuring Christian Bale as Michael Burry, the hedge fund manager who essentially created the credit default swap market for subprime mortgages. Burry based his assertion on…
If you’re going to save for retirement, you might as well enjoy a host of tax benefits along the way. That’s why savers are often encouraged to choose IRAs or 401(k) plans to…
Anytime you receive a windfall of money, whether through a lottery win, inheritance, job bonus, or an equity sale, the big question is what to do with the money. In the FIRE (financial independence,…
Given the rising costs of living, many Americans think it takes a few million to retire well. But with $1.3 million banked, it is still possible to pursue a leaner form of FIRE (Financial…
Early retirement really does sound like a dream that many of us wish we could achieve. But leaving the workforce some number of years or decades earlier isn’t for everyone, especially those who like…
Getting out of paying taxes is an extremely difficult thing to do. Sure, there are legal loopholes people can use to lower their tax bills. But at the end of the day, the…
Sometimes it’s just not worth hanging onto those pesky liabilities that could cost us a great deal more over the long haul. Indeed, it’s costly to buy a new used vehicle upfront, but it…
A Reddit user isn’t very happy about his Social Security benefit amount. He did the math on what he paid in and feels like he should be getting a much larger retirement check than…
A Reddit user and his wife are both retiring soon. They are 62 and 56, have no debt or kids at home, and have a $4 million net worth plus a paid-off house. They…
There’s a reason so many people have struggled to buy a home in recent years. U.S. home values have soared in the past half-decade. But the combination of elevated home values and mortgage…
It’s a dream to be able to live solely off the dividends from one’s portfolio, as one leaves the invested principal untouched so that it can keep growing over time. Of course, withdrawing 4%…
Home ownership has long been seen as a practical way of building wealth in the United States. Rather than cutting a check to a landlord every month, paying down a mortgage builds equity and…
A Reddit user is considering refinancing their car loan. Many people refinance to save money, but this poster would end up paying more if they took out the new loan to pay off the old…
When you think about Social Security and what it means to 70 million plus Americans, there is no question of its importance and meaning. Designed to help provide as much as 40% of your…
