I came across an article last night that gave me a lot of thought, entitled $150,000 Income, $150 Income Tax. The author of the article and his wife both earn roughly $75,000 a year. They both max their 401K saving contributions to $17,500 a year. They max an HSA to …
Up until the last few months, virtually every conversation I have had regarding investing has resulted in pessimism, the general attitude it seems that most people have to stock market investing is based on the 2007 – 2011 Bear Market. I heard too many people argue that it doesn’t make …
While I follow the Dave Ramsey “baby step” plan to get towards financial freedom, Dave consistently quotes 12% as an expected long term rate of return for stock mutual funds. While I agree that an investing strategy focusing on stock mutual funds over the long term is the way to …
http://consumerist.com/2013/10/24/americans-racking-up-debt-faster-than-we-save-for-retirement/ This article re-enforces the importance of our behaviors. Small, incremental changes, when consistently applied over time, make substantial results. Saving 10% instead of 5% , or saving to pay with cash instead of going into debt, choices such as these will determine whether you are able to retire …