Mrs. C. and I reached Lean Financial Independence in mid 2020 at ages 34 and 38. Over the last 3 years we have increased our financial position substantially and are at full financial independence. I still work my primary contracting job, which is roughly 18 weeks per year on average. …
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 …