The creator of the “4% rule” for safe retirement portfolio withdrawals doesn’t even believe in 4% anymore. That’s good news, as the actual safer percentage appears to be higher. So you’ve spent decades of your life building up a sizable … Read More … Read More
Decisions


Don’t stop, no matter how (painfully) long it takes
In light of the 2020 election, it’s worth remembering that some dreams take years to come true. Or even decades. History says, Don’t hopeOn this side of the grave,But then, once in a lifetimeThe longed-for tidal waveOf justice can rise … Read More … Read More

Why a new fee on mortgage refinancing shouldn’t affect you
Refinancing a mortgage is getting pricier due to the Adverse Market Refinance Fee, but refinancing doesn’t offer the benefits you think. There’s a new fee in town. The Federal Housing Finance Agency has instituted a 0.5% fee on refinancing of … Read More … Read More

How to pay off a $10,000 debt
Paying off debt requires drive, focus, patience, and accountability. In this post I show how you can pay off a large debt. In a recent YouTube video, I talked about a hypothetical $10,000 debt. Now, for many people, this sort … Read More … Read More

Should you let your partner handle your money for you?
When you share finances with a partner, you can outsource the budgeting to the one who is most interested, but there are good reasons not to. After doing this for many years, I’ve learned a surprising fact: not everyone is … Read More … Read More

How to take advantage of a student loan payment freeze
During the student loan payment and interest freeze, if you are able to make payments now, you’ll have a much greater impact on your loans. A lot of the benefits that were passed to ease the crisis for people dealing … Read More … Read More

Freed from the golden handcuffs: the surprising joy of being laid-off
Anyone can feel like they have golden handcuffs even if they don’t make a lot of money. But breaking free can give you surprising relief. There is a lot to be unhappy about right now. Rampant injustice, an economy that … Read More … Read More

Where you can find me on social media (and why)

If you’re thinking about taking an early withdrawal from your 401(k)
New legislation eliminates penalties for some early withdrawals from your 401(k). However, just because you can doesn’t mean you should. UPDATE: This legislation has expired as of the end of 2020. Penalties will apply again for early 401k withdrawals. These … Read More … Read More
