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My Life after reaching Financial Independence and Retiring Early
made it this far if it was not for the blood, sweat and effort of everyone that came before me. Because of that, I want to do something special, something unexpected...
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The Black Middle-class and Retiring in a Crisis
The Neighborhood Finance Guy writes about financial literacy topics: Financial Planning, Budgeting, Boomers to Millennial Money Management, Investment Strategies, Retirement tips, and more. The goal is to help you make effective decisions and set S.M.A.R.T goals with your money. The information is free but the struggle is not sold separately. And if you are into this sort of thing; the blog is PLUTUS nominated, I studied Accounting with a Specialization in Taxation, served in the US Marine Corps, and now work as an Auditor. Summary: When White America catches the Flu, Black America catches COVID Research finds that the economic inequality and racial wealth gap continue to grow. Black and…
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You Really Shouldn’t Save For Your Kid’s College
The best way to save for your kid's future is by investing in yourself. A broke parent in retirement is a bigger liability to your family
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How to Set Up a Great Financial Plan for Your Parents’ Retirement Overseas
Retirement is a daunting task but it doesn’t have to be. “If you aim for nothing, you will hit it everytime” – Zip Ziglar. Random quote because it sounds cool. To begin with, there isn’t a right or wrong way to plan for your parents’ retirement; I am merely sharing my approach since I’m super nerdy and like to look at the stats and odds. Since this is Part 2, I suggest that you read Part 1: the Background and hit it with a like since I think it’s an awesome read that breaks out the positives and negatives of retiring in Haiti. Additionally, I also drafted an aux reference guide (checklist) for millennials who…
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How to Double Your Mom’s Retirement Income
Oooh Stats Based on the Bureau of Labor Statistics, as of 2018, the average American household (those north of 65 years old) pulled in $48,000 of retirement income and expensed $46,000. All things considered, that’s not half bad if you are average, you are likely breaking even. The average retirement savings portfolio holds $100,000 (rounded up from $95,000). Under further scrutiny (nerdy words), those households owe at least $66,000 in debt. The majority of that debt falls under their primary mortgage with $9,000 on revolving credit card debt. The Dilemma: 4% Rule for Withdrawing in Retirement Per Investopedia, the 4% rule is a rule of thumb used to determine how much a retiree should withdraw from a…
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Your Parents Want to Retire in The Caribbean, Is The Beach Villa Retirement Dream Attainable?
There are hundreds of wonderful places to retire on a budget, but some are much easier to move to and settle in than others. Before jumping in.
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Setting Up The Ultimate Retirement Hack to Living for FREE
More People Should Build Wealth. It's Easier than You Think. Most Millennials Can and Should Consider Becoming Millionaires.
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How My 401k Contributions Grew to over $150,000 and What You Should Do
Over 6 years, my total wealth output grew by $120,500 that's beyond my direct contributions of $98,133.
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How Others Get to Retire Rich. You’ll Need $1.7 Million by the way.
So just Retire Rich? That sounds easy enough. Still not rich yet? Well, Summer is in full swing and you are just about to travel. Tuesday is indeed the cheapest day to fly. Or you are catching up on Stranger Things 3. Too late, this article just popped up on your notifications and you dodged it. You grab a Starbucks and mistakenly logged back into Facebook; it’s too late again. You read the headline. You’re welcome. Sorry to burst your Instagram travel life bubble, but this is the reality. Stop being aimlessly busy flexing. The more you spend now, the more you will regret it in the future. It’s true that you don’t want…
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When You are Your Parents’ Retirement Plan
With an aging population and a generation of young adults struggling with finances, the responsibilities of middle-aged Americans are increasing. Adulting is set to be even harder.
