A Reddit user made a mistake with his mortgage payments, and it is having serious long-term consequences. The poster, who had been hoping to move soon, has indicated that his credit score has been…
What would you do if you quit a job, retired early with enough money to live on, and loved your time off — but you got a great opportunity to go back to work…
There’s a reason Social Security recipients have gotten to enjoy larger cost-of-living adjustments (COLAs) in recent years. Inflation has been rampant since it started creeping upward in 2021. And while living costs aren’t rising…
Things have been looking down for most stocks and ETFs so far this year. With Donald Trump recently criticizing Federal Reserve chair Jerome Powell over a lack of interest rate cuts, going as far…
A Reddit user is newly retired at 52, and his wife can work anywhere. The couple is in a really good financial position, including owning a substantial amount of paid-off real estate. Now, however,…
One of the most important things anyone can do pre-retirement is to start thinking through what needs to happen every year to stop working and still be comfortable. While you might think any questions…
One of the things that happens to most people in the FIRE community (financial independence, early retirement) is that once they get a taste of the rare air they are in, they want more,…
The FIRE (Financial Independence Retire Early) ethos contains several principles, but is fairly agnostic as to the methods of achieving goals according to those principles. Whether an individual is anticipating a sizable pension, owns…
When deciding which type of credit card you should use today, there is a good chance you’ll hear a cash back card as everyone’s favorite choice. Travel card lovers are out there in force,…
There’s a reason so many people are worried about Social Security, and it’s that the program is on shaky financial ground. In the coming years, Social Security is expected to owe more in…
Because everyone’s finances are different, seeking advice from financial gurus who possess only the barest of information about your situation is going to miss a lot of the nuances of an individual’s situation. Yet…
A common debate in the finance world is whether a financial advisor is worth the investment or not. This debate came up again in the Fat FIRE Reddit community. A 44-year-old who has a…
There’s a reason some people choose to spend a lot of money on the cars they drive. Your vehicle is something you might use every day of the year, or at least most…
Nobody wants their child to become a spoiled, entitled “trust fund adult” with zero motivation to go to work or school. Undoubtedly, for many affluent parents who don’t set proper boundaries, their wealth can…
Unexpected healthcare costs could have the potential to erode just about any sound retirement nest egg. Undoubtedly, left unchecked and unmanaged, such unforeseen, expensive surprises could downgrade one’s retirement lifestyle by a notch or…
