403b While working at Cedars-Sinai Medical Center, I learned how to invest in the 403b to maximize my portfolio. We went through various financial companies throughout the years and currently have Voya Financial managing the retirement account. I invested aggressively and retired early. I wrote this blog to share with my colleagues how I did […]
How I Invested in My 403b Read More »
On March 23, 20020, the DJIA plummeted to 18,591 from 29,232. As of December 8th, the DJIA has hit a record level of 30,218. If you had sold all your stocks on March 24, you are probably crying by now. Furthermore, there is continued speculation of another impending stock market crash. Protect your retirement fund
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I covered how much you need to retire in my last post so the next step is figuring out how to generate the retirement income you need. First Step: Make a Plan Only 48% Americans have a plan on how they’ll retire. According to the Employee Benefit Research Institute, those who made a plan have more
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The financial advisors say you need 80% of your pre-retirement income, $1 million or 12 times your pre-retirement income. How much do you really need to retire comfortably? Conventional Wisdom 80% of Your Pre-Retirement Income The rationale behind this is that after you retire, you will not need to contribute to your retirement account, pay
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Nurses spent a lot of time, money, and energy studying and getting their degrees so they can find a good job. I did the same thing. After spending so many years preparing for my career, I realized one day that I should spend some time learning how to manage the money I make. I opened
6 Best Finance Books Read More »