Due to the nature of the Social Security program there is an impending bottleneck coming up where the trust fund that has been built up will be depleted and incoming payroll taxes will not be enough to cover full promised benefits. It looks like 2034 is the magic year in …
There is an amazing volume of information written about saving for retirement. Retirement is by far the largest expense that we save for, but the vast majority of information is centered around saving and investing, with little emphasize on withdrawing on the back end. Here is a collection of strategies …
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 …
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 …