Financial news headlines gain off your fear and should be read with healthy skepticism.
Here's my spin on a few today 👇
News Headline: Stocks on Track for Worst Year Since 2008
How to read: Millenial investors buy at a discount all year long and should hope this continues.
Is $3 million in savings enough for an early retirement?
In this weeks video I walk through a real life financial plan of a couple set to retire early with $3M in savings.
https://t.co/39Tk77ILl7
Is $3 million in savings enough for an early retirement?
In this weeks video I walk through a real life financial plan of a couple set to retire early with $3M in savings.
https://t.co/39Tk77ILl7
Don't let RSUs or a future bonus handcuff you to a job you hate
Vesting is designed that way to keep you on the wheel
Know when its time to call it and move on
5 pillars (as explained by my wife):
1. You’re losing money if you don’t purchase something when it’s on sale.
2. Using cash = free
3. You’re making money whenever you skip your daily coffee run.
4. Anything in your Venmo wallet that isn’t immediately spent is free money.
Can you retire early at age 45 with $2 million?
Is that enough?
In this video I break down a couples financial plan to show you how a few small (but important) tweaks can make early retirement successful.
https://t.co/36Lv04r89C
My grandpa turns 92 today
So I asked him:
“After 92 years on this earth what is the key to a long and meaningful life?”
His answer:
“My wife”
Valuable lesson here.
At the beginning of the year many asked the question:
"Why stay invested in equities when I can lock in a 5% yield?"
And those 5% yields looked pretty darn good
But we stayed the course
Staying the course means thinking and acting for the long term even when it doesn’t feel right in the short-term.
"Maxing" your 401(k) means putting $22,500 in your account in 2023 (if under 50 years old)
But "maxing your match" is different
If your job matches 50% on the first 6% and you make $100k
Contribute $6k (6%) in order to "max your match"
You receive a free $3k
100% ROI