According to recent articles like this one and this one, $3 million is the number people feel they need to have for retirement. More than 7 in 10 investors stated they would need between $3 million and $5 million to retire. This is while the median retirement savings is $55,000 …
Big news from the Feds: A Maximum of $35,000 in a 529 plan can now be converted to Roth IRAs by the account beneficiary as long as the account has existed for at least 15 years. I will say the 15 years portion seems arbitrary as hell, as does the …
Recently I’ve done a deep dive into the details of the Michigan Pension Plus 2 retirement plan for school employees in the state of Michigan. My oldest son recently needed to make a decision regarding this pension plan, so I’ve been learning the nuts and bolts with him. For the …
Last year I predicted Tom Brady would continue playing in the NFL…and he retired a week later. I was surprised to hear it of course, but much less surprised when Tom Brady announced he was ending his retirement to play in the 2022 season. Although Brady announced his second retirement …