Average retirement savings for U.S. households was $255,000 in 2019. This guideline provided by Fidelity include the savings you have in your retirement account such as 401k/403b, Roth IRA and your company matches or defined contributions. These savings milestones by age will help you stay on track for retirement. Milestones This guideline is based saving …
I bought a second home. When I bought the house, I planned to use it part time and rent it out on Airbnb when not in use. I wanted to benefit from a tax write off from running the business. Ultimately, I wanted to use it as my retirement home when it was time. I …
If you ask someone what rich means, they’ll say, “To be a millionaire.” Anyone can become a millionaire. Invest $1000 per month for 25 years. Get 10% return and you’ll have $1.2 million. You’re a millionaire. Invest $1000 Per Month I know a lot of you are saying this is too much and you can’t …
“You don’t operate on yourself or cut your own hair, do you?” retorts a financial advisor. Then he adds, “You should hire a financial advisor to manage your money for you for the same reason.” Is this True? Do you really need a financial advisor to manage your money? I don’t believe so. The reasons …
Over 50% of Americans make New Year’s resolutions, but only 8% keep them for more than a few months. It’s the beginning of a new decade and as 2020 ends as the suckiest year, it’s more paramount to secure a fabulous year by setting goals. The ultimate guide to achieving goals is to first setting …