Ramit Sethi is probably my favorite personal finance guru to tune into. He doesn’t just know his stuff, but he’s also very personable, especially to many of the younger audiences out there (think Millennials,…
Inheriting $2 million is a blessing, but it can also leave you feeling very overwhelmed — especially if you are only 19-years-old when the money comes. This is the situation that a man named…
Retirement planning takes many years, and your goals will change as you get older. Younger investors typically focus on stocks, while older investors gravitate toward bonds and high-yield savings accounts. Risk tolerances, preferences, and…
There’s a reason a good number of baby boomers today are looking at a comfortable retirement. Back when they started their careers, it was common to stay with the same employer for decades. Doing…
When retirement planning becomes serious, you must consider where your investments will be held. Anyone who wants to retire at a young enough age to enjoy life has to start thinking about how to…
I’m a big fan of starting to save for retirement at a young age. So when I came across this Reddit post, it made me happy. Here, we have a 26-year-old making a modest…
Millions of seniors today would not be able to pay their bills without Social Security. And when it’s your turn to retire, you’ll probably rely on those payments to cover your expenses as well.…
Earning money can help cover living expenses, but investing it can give you a nest egg that lasts a lifetime. While the average net worth in America is a little over $1 million, the…
Of the various things I choose to spend money on, dining out is probably my biggest splurge. This doesn’t mean that I spend more on restaurants than, say, my mortgage. Rather, in the context…
If you have a chance to make a few million dollars by working a couple extra few years, should you take it? Does the answer change if you have $5 million already? This is…
For many people in the community, Reddit is the gift that keeps on giving. However, one Redditor got a lot more than what he bargained for. A 33-year-old male posted in the HENRYfinance subreddit. His…
When I see people talk about early retirement, I sometimes get a little worried for them. Stretching a nest egg — even a large one — gets more and more challenging when you leave…
Before retiring, it’s critical to make sure you have the funds you need to support you for the long haul– especially if you are only in your 40s when you call it quits. One…
Dave Ramsey has shared financial advice for decades, and one view he expressed in an older YouTube video continues to hold up well: 401(k) plans are better than pensions. He argues that 401(k)s have…
Life insurance policies offer financial insulation in case a spouse passes away. While whole life insurance offers better protection since it never expires, term life insurance is more affordable. However, a life insurance policy…
