Did you know that your great grandfather could’ve turned $3,000 into a $41 million family estate if he just stayed invested in either the Dow Jones Industrial Average or S&P 500 since 1920? I read a fascinating piece recently from Barron’s as part of their celebration of the publication turning 100 years old. They dug […]
IRA
Did you know that part of the recently passed The Coronavirus Aid, Relief, and Economic Security (CARES) Act lets you withdraw $100,000 from your retirement funds without incurring the 10% penalty normally applied for early withdrawal? For a typical family with two working adults, that’s up to $200,000 of funds the government is letting you […]
Make sure you take this into account when you do your retirement planning—or risk a true awakening when you can least afford it.
Retirement is one of the most important goals in anyone’s life. It’s the time when all your hard work has paid off and you can now relax and do everything you’ve ever wanted. Preparing for retirement can be difficult and sometimes stressful, but there are many different paths that all lead to the end goal […]
One of the ways that many people achieve financial freedom today is to start freelancing, as being self employed provides a degree of freedom while still allowing you to make money. However, when you transition to freelancing from working a “real” job, there are a few things you are likely to take for granted. Here […]
As you figure your taxes this year, you might be looking at the result and thinking that it would be nice if you could deduct just a little bit more from your income. Even though a tax deduction isn’t as valuable as a tax credit, it can still help you by lowering your tax liability and […]