Currently browsing category

Saving

It all adds up

The Top 5 Reasons You Can’t Save Money

Saving money can be really difficult.  That’s why a full 2/3 of US households can’t cover a $1,000 emergency.  I’ve read hundreds of articles (and written a few) that talk about saving money by switching out your light bulbs, switching phone carriers, and of course skipping that morning latte at …

double-your-money-rule-of-72

Double Your Money…Again and Again.

There’s a famous Will Rogers quote that the easiest way to double your money is to fold it over and put it back in your pocket, which for the most part is true.  When people advocate doubling your money, generally speaking there is a scam afoot and you will end …

withdrawal-rates-2

Is a 4% Withdrawal Rate Too Conservative?

I don’t believe that one size fits all when it comes to retirement planning.  The standard rule of thumb that is generally accepted across the personal finance community and standard advice from traditional media is that in order to retire, you can assume a 4% safe withdrawal rate. This is …