pension spiking

Pension Spiking, A Brilliant Strategy?

I’m working in New Jersey right now, just a bit down the road from Philadelphia, and in my google news browser the article “Rampant overtime spikes city employees pensions in Philadelphia” popped up and spiked my interest. What is Pension Spiking? For certain municipalities, increasing overtime greatly increases pensions. In …

Can I borrow 20 Trillion?

If The Federal Government Were a Household

If The Federal Government were a household, its balance sheet would look something like this: Income $55,400 Expenses: $69,000 Deficit $13,600 Debt $341,400 Of course the Federal Government is not a household. They have unique characteristics that the average household doesn’t have.  They have the ability to increase income through …

Million Dollar Club

Joining the Million Dollar Club

My wife and I are at the beginning stages of building investment wealth. We will reach financial independence before hitting the $1 million in net worth milestone, but hitting the big round number is an obtainable goal that we want to shoot for.  With this post I am joining the …

Paying the house off early

Why I’m Paying the House off Early

There is a ton of ink written on this subject.  Paying the house off early is one of the more divisive topics in financial planning.  Before I go into why I am choosing to pay off my house early, I will explain the argument for taking out a 30 year …