A Reddit user is facing a difficult situation. The poster is earning $700,000 at his tech job, but he expects to lose that position soon because his company is going through multiple rounds of…
One of the best aspects of entering a retirement mindset and future is that it allows you to reset your life. This could include everything from introducing yourself to new hobbies, finding a new…
One of the big decisions anyone in the FIRE world will have to make before officially quitting is where to live. There is no question that for millions of retirees, early retirement or otherwise,…
There’s no way to sugarcoat that millions of Americans carry heavy debt. Whether it’s credit card debt, school loans, or personal loans, debt is a very real thing that can be detrimental to our…
According to several economists, the Social Security trust fund is on track to become insolvent by 2035, unless there are some drastic changes made. To replenish the fund, Social Security needs to either augment…
There are a lot of great things about being a self-made millionaire at 31. However, one Reddit user has found that there are also some challenges as well. Specifically, the poster has found himself…
The FIRE (Financial Independence, Retire Early) movement is achievable for many young people who prioritize saving and investing early on in their careers. In this piece, we’ll explore the case of a very young…
Running out of money in the middle of a retirement is a top fear for many retirees, even those who have a comfortable nest egg that’s above and beyond what one would need for…
When you start to get to a point where you think about retirement, it’s only right that you do a deep dive into your current financial portfolio. It’s best to do this while you…
Capital gains taxes can be a huge obstacle for retirees. In a recent Reddit post, I read about a 55-year-old preparing for retirement in the next five years. However, he was facing a problem…
When it comes to knowing the right time to call it quits in the FIRE (financial independence, retire early) world, it’s not easy. As everyone has different goals and ideas about retirement, it’s okay…
If you have reached a point where you can retire sometime before your 50s, you should feel great about hitting such a major milestone. This is exactly what those in the FIRE world aim…
With a massive $4 million sum saved up in retirement accounts and a paid-off $2 million home, it seems like this well-off Reddit user with a net worth just north of $6 million has…
A Reddit user posted recently because he was concerned when his portfolio balance fell from $3 million to $2.7 million during a market downturn. He is hoping for early retirement, and since he’s planning…
In 1982, Kirk O’Donnell, an aide to Speaker of the House Tip O’Neill, coined an apt metaphor that will long outlive the memory of his name in history. He referred to Social Security as…
