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Can I borrow 20 Trillion?

Why Roth Conversions Are A Must For Retirement Planning While You Still Can

August 5, 2023 | Filed under: Retirement

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 …

the government pays me

Why 529 Plans Just Became The Ultimate Child’s Roth IRA

July 24, 2023 | Filed under: Education, Retirement

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 …

My Oldest Son Bought A House At 20 Years Old, Here’s How

July 14, 2023 | Filed under: Home Ownership

First time home ownership is perhaps the largest financial struggle for most young people.  It takes a lot of effort to save up for a down payment, maintain a decent credit rating, and find an affordable home.  Just in the last 5 years of investing in rental property I have …

Analyzing A Deal: The 5 Unit I Missed Out On

July 7, 2023 | Filed under: Rental Properties

Last month Mrs. C. and I went to look at a 5 unit building. This property had sat on the market for a month and recently had a price reduction.  We decided to look at it, although at the moment we have ZERO life energy to give to a new …

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Hi, I'm John C.
In 2013 I decided to change my life and pursue Financial Independence. I created this blog to help others do the same.

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