Medical costs in retirement are projected to be average of $200K. Are you prepared?
Medicare pays for many of the health care costs incurred by older Americans, but it doesn’t cover everything. This creates a financial-planning problem: How much should a person expect to pay in out-of-pocket health-related expenses during retirement? It’s a tough question because there are so many unknowable factors: What medical problems will you face? How […]
Starting Late – How To Still Retire A Millionaire At 50?
You’re 50 years old. Can you still retire a millionaire? Retiring a millionaire is really quite simple but it’s not easy.Otherwise, we’d see millions more people accomplishing this feat. Here is the basic math – to help you see daily, monthly and yearly what it will take to retire a millionaire. Or dream bigger and retire […]
7 self-made millionaires and the books that changed their finances
Millionaires come from all walks of life, but research shows they share some key habits that helped them climb (and stay) at the top of their financial games. Upping their financial IQs and reading are two big ones—so it’s no surprise many millionaires credit books with helping them shape their money mind-set. Want a few […]
This is the best way to save for retirement, spend less and lighten your tax load all in 1 fell swoop
Personal finance can be overwhelming. There are so many steps, dos and don’ts, and behaviors to adopt. Once in a while it would be nice to have a fail-safe, simple solution to follow to make sure you have enough for retirement. Maxing out your 401(k) is the single best way to save for retirement, lower […]