Don’t Let Inflation Ruin Your Investments [Here’s How]

The inflation we’re facing nowadays is a scary thing. Not only is it something we haven’t dealt with as Americans since several decades ago, but we’re kind of in a rock and a hard place with the choices the Fed can implement to deal with it. However, there are things we can learn and do … Read more

What is a Roth Contributory IRA? [Should You Start One?]

Most people have heard of a Roth IRA. However, there is a variation on it that goes by the name Roth Contributory IRA and isn’t as well known. Can it help you? Should you care about it? In this post, we’ll be taking a look at what exactly a Roth Contributory IRA is and whether … Read more

Retiring at 55 [What You Need to Know]

Retiring early: it’s a lot more common than you might think. Even those who love their careers and what they do often dream of calling it quits to pursue other goals and interests earlier than the usual retirement age. The desire to travel and see the world is a frequently touted reason. Unfortunately, the economy … Read more

Meet Beagle [Find Lost Money – An Honest Review]

The average person changes jobs every 4 years. If you’ve had multiple jobs throughout your life, there’s a good chance you’ve had multiple opportunities to open a 401(k) account with each of the companies you’ve worked with. Clearly, this isn’t the most efficient way of doing things, but employers don’t really care about that. It’s … Read more

Fat, Lean, Coast, & Barista FIRE [Early Retirement is for Everyone]

Retirement is like a never-ending vacation. You can’t wait to get there, and you’re perhaps thinking you no longer want to wait until you’re 65 to retire. However, you don’t know how to retire earlier. So, what’s the secret to early retirement? Financial Independence, Early Retirement (FIRE). The concept of FIRE was inspired by Vicki … Read more

Are 401(k) Plans Worth It? [Not Always]

It’s a great question. I’ve always had a traditional 401(k) plan and lately, I’ve been wondering why it’s considered such a staple in retirement planning. Take a look at these two rules governing traditional 401(k)s: You have to wait until 59 and a half years of age to start withdrawing. After the age of 72, … Read more

Acorns vs. Stash [An In-Depth Comparison]

When it comes to investing, utilizing the best apps makes it easier and far more manageable. The issue some newbie investors face is not knowing how to determine which app works best for them. In this post, we’re going to compare Acorns vs. Stash to see what’s best for your needs. Acorns and Stash are … Read more

SEP IRA vs. SIMPLE IRA [How To Choose What Works For YOU]

You’ve likely heard of the traditional and Roth IRA – most people are aware of the two retirement options that either tax your money during retirement or now. But did you know there are a couple of other great options? Sole proprietors and self-employed business owners have two additional retirement options: the SEP IRA and … Read more

The Ultimate Guide To Index Funds [All You Need To Get Started]

We’ve heard of the saying “Don’t put all your eggs in one basket.” What does that mean for index funds? Should we be investing in multiple? If so, how many? An index fund is supposedly a diversified investment. When you buy an index fund, you aren’t buying into a single company, but rather a large … Read more

Profit-Sharing 401K [What Is It And The Pros And Cons]

The world of retirement planning is complex. Hundreds of plans are available on the market, ready to be offered to employees. One of these types of plans is a profit-sharing 401k, and it can be an excellent one.   Whether you’re an employer looking for a plan or an employee being offered one, understanding profit-sharing 401k … Read more