Depending on where you work, you may be able to save for retirement in a 457 plan or a 401(k). While any employer can offer a 401(k), a 457 plan is commonly associated with […]

  Congratulations! You’ve made the most critical step in the entire process – searching out how to become financially independent. In my book, I explain how I made several money mistakes over and over before […]

  Planning to retire at 62 is worth considering, but whether it’s a realistic goal depends on how much you’ve saved, your anticipated living expenses, and an educated estimate of your likely longevity.   If […]

  Deciding when to apply for Social Security can be a complicated math problem, one that has a different answer for each person depending on their circumstances. The earlier you file, the lower your benefit […]

  It’s a question that everybody who isn’t a multi-millionaire finds themselves asking. How much money do I need to have saved to retire comfortably?   In fact, we get emails like this fairly often: […]

The average net worth of Americans is $748,800, according to the Federal Reserve’s most recent Survey of Consumer Finances released in September 2020. Meanwhile the median net worth of American households is $121,700, according to […]

  Retirement should be for pursuing all those lifelong dreams you never had time for when you were working. A round-the-world cruise, driving across America in an RV, and spending time with grandkids are all […]