The 4% withdrawal rule for retirement savings has become familiar among younger people thanks to the popularization of the FIRE (Financial Independence, Retire Early) ethos. The FIRE strategy emphasizes aggressive savings, investment and earnings…
A Reddit poster has around $18K left on his student loans, which have an interest rate of just over 4%. The student loans are federal student loans with a minimum payment of $140 per…
One of the most essential things anyone thinking about retirement can do is check their Social Security records and ensure they are accurate. This is one of those crucial steps that should be happening…
Short and sweet. That’s how I’d describe this next letter from the Reddit mailbag. In 53 words, four of which are conjunctions, our caller today (let’s call him “Al”) polls the Reddit-verse advice on…
When we think about Social Security, we tend to imagine retirees as the ones collecting those benefits. But Social Security doesn’t just send benefits to seniors. Social Security also pays benefits to people…
One of the most difficult parts of being famous is not having privacy. Some people can’t leave their houses without being followed, photographed, or harassed. Public figures in corporations can sometimes fall victim…
Working with a financial advisor wasn’t always on my radar. At the time that I met mine, I was in my 30s saving a decent chunk of money from my salary and overseeing…
Most private sector employees these days do not have access to a pension. Rather, they have to take savings matters into their own hands by contributing to a 401(k) or a similar plan…
Not everybody is eligible for Social Security. To be able to collect benefits in retirement, you must work and pay taxes on your earnings to the point where you accumulate 40 work credits in…
It’s easy to save money on every purchase with a cashback credit card. Some cards make it super easy, giving you unlimited 2% cashback on every purchase. Other credit cards offer elevated rewards for…
There are plenty of good reasons to love Roth IRAs for retirement savings. First, these accounts allow you to grow your money completely tax-free. This means that if you invest $100,000, and over…
It’s tax day. Many people will get refunds when they file their taxes, but not everyone. If you have to pay the IRS money, you must submit your payment by April 15th to avoid…
If you are someone who watches the credit card industry up close or even from a distance, you know that the debate over the best credit cards is almost endless. It’s an unfortunate truth…
A Reddit poster has not yet turned 20 and already has $3,000 saved. The Redditor wants to know what to do with the money in order to make the most of it, and other…
One of the more prolific and polarizing personalities in the financial world today, Grant Cardone has earned a reputation for being a great salesman. While it’s hard to lump Cardone into the same investment…
