So for most developed countries if you look at their budgets they spend the majority of their budget money on old people’s healthcare, pensions and
Category: Retirement
Are you Ready to Retire to Guatemala or Honduras?
A lot of people like to fantasize about retirement in sunny place where the waves lap and you watch sunsets. What if you don’t have
F.I.R.E. up those savings update
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
DON’T BE a money fool
The average consumer is a financial fool. Why would you say something like that? Because it’s true….financially. BTW Mr. T’s classic 1980s quote is “I
Fight Age Discrimination with Frugal F.I.R.E. Savings
Remember the old Steven King movie Children of the Corn? The one where they got rid of the adults and people that were too old?
FIRE up those savings
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
Help! I Have No Company Retirement Plan!
Are you screwed if you don’t have an employee sponsored retirement plan? Of course not! However you are going to have to work a bit
Traditional IRAs
Traditional IRAs are also good also but somewhat limited in nature Contributions are made on a pre-tax basis like 401Ks One pays the taxes upon
Debt in retirement is a big no no
Never take debt into retirement or accumulate debt in retirement. You may have to go back to work full time! Not cool and they may
Retirement Totals Needed to be Comfy
How much money will I need to retire? A lot most likely. It all depends on when you plan to retire, how long you plan
Pension Problems, They May Not Be Guaranteed
Pensions are great…. for the lucky few that have them If you are going to get a pension that is great but increasingly rare. Consider
Rocking Roths
Roth IRAs are a supplements to 401Ks A Roth IRA is a retirement account that is funded with post tax dollars instead of pre-tax dollars.
Ramen Retirement 401K & IRAs
Ramen noodles for life! Doesn’t that sound great? All the flavors in the world! Chicken, Beef, Shrimp, Jalapeno and Spicy Chicken. While these may be
Mr. Cash Hoarder 