How to Ensure a Successful Retirement

How to Ensure a Successful Retirement

Getting in the habit of saving and building wealth early in life can be difficult. Surprisingly, transitioning back to a spender in retirement can also be difficult. Even if you have done all the hard work, you must be mentally ready for retirement, not just...
The Mindset Required to Become a Millionaire

The Mindset Required to Become a Millionaire

There are specific actions that must be taken to become a millionaire; depending on your age and expected rate of return, you can determine the dollar amount you need to save each month to become a millionaire by a certain age. If you’re older or have a substantial...
How to Save Money on Taxes

How to Save Money on Taxes

Taxes are an unavoidable part of life, but there are ways to lower your tax burden. In 2020, there was a plethora of new legislation and law changes that could change your next tax bill. It’s important to know how those changes affect you and how to optimize your tax...
What Is the Safe Withdrawal Rate for FIRE?

What Is the Safe Withdrawal Rate for FIRE?

For retirees, the withdrawal rate is the amount of money taken out of their portfolio each year for living expenses. Withdrawals may be required, in the case of required minimum distributions (RMDs), or they may be dynamic (if the market is down, it may make sense to...
How to Buy a New (or Used) Car

How to Buy a New (or Used) Car

Cars are one of the few purchases you’ll make where there is normally an element of bargaining involved to get the best deal. Some car manufacturers, such as Tesla, have eliminated bargaining from the process almost entirely, but if you are buying a new (or used) car,...