retirement

Seed sprouting

If you feel like you have too much debt to ever save for retirement

Debt reduction and wealth building are part of the same process, so you are working toward your money goals even if you don’t think you are. I believe retirement is possible for us. But at the same time, I’m on … Read MoreRead More

Is retirement possible?

Retirement is a scary thing to think about. Many people think that they’ll never be able to retire, that they will be forced to work until they die. But it’s worth taking a look at what retirement is and whether … Read MoreRead More

Homemade Enigma machine

Financial cage match: ETFs versus mutual funds

I want everyone to be an investing expert. Thankfully, I also believe that simplicity in investing is best. Create a Roth IRA, put money into low-cost index funds, and repeat this every month. When I say “low-cost index funds”, I’m … Read MoreRead More

How to transfer an IRA to Vanguard

Many years ago, when I was first learning about investing, I decided to start my own IRA. At my coworker’s suggestion, I set up the account at Scottrade. Over the course of two years, I put a little bit of money … Read MoreRead More

Porto Alegre at night

It’s 4 AM: Do you know where your retirement accounts are?

I just remembered that I have a gift card with money on it that I haven’t yet spent. The gift card is for Williams-Sonoma, a nice place for sure, but looks like I’ll be able to afford only a pot … Read MoreRead More

Can you use your retirement account as your emergency fund?

  My high school algebra teacher always had some sagacious advice for our class. “Open the door before you walk through it.” That sort of thing. This always elicited a laugh from us, which I suppose was the point. Though … Read MoreRead More

Financial cage match: Paying off student loans versus investing for retirement

  Recently, I made the bold claim that those who have debt aren’t ready to start saving for retirement. I added some relaxing caveats, but I really wanted to put them in an order. Debt first, investing later. I don’t … Read MoreRead More

Do you even want to retire?

  I talked last time about the need for a plan for your time in retirement. Of course, for many of us, the idea of retirement seems a fantasy, and a cruel one at that. Who is going to have … Read MoreRead More

What will you do when you retire?

  When you have a full time “day job”, your weekdays are fairly busy. You can feel like you’re on an endless treadmill, constantly moving and going, where even your sleeping hours feel oddly regimented. But, if you’re like me … Read MoreRead More

The necessity of being a millionaire

  So I talked about how being a millionaire is both more achievable and less meaningful than ever before. In fact, I’ll go even further by saying that for many of us, it’s also effectively mandatory. Yes, I’m saying that … Read MoreRead More