Hindsight is 20/20, and as much as I like to share “wins” on this site, it is also my responsibility to share “losses” as well. I took out a HELOC (home equity line of credit) 5 years ago to buy rental real estate, and have used the HELOC on my …
If you haven’t saved much for retirement and are past 40, you aren’t alone. The median balance of 401K savings for people 35 to 44 is right around $24,000. It is best to start a nest egg earlier, however we have no control over what has already happened and there …
We need to change the way we launch our kids into the world. The costs that are most associated with young people are the primary costs that have outpaced inflation and wages over the last 40 years and skyrocketed in the last 5 years. We can not do what we …
When it comes to retirement planning, the main litmus test that has been used since the late 1990s is called the 4% rule. This rule was based on a study done by 3 economists who looked at historic 30 year retirement periods, running from 1925 to 1975 (later updated to …