For the third post in the “What If” series (here are the first and second posts), I’m asking about becoming a centenarian. Do you know what a centenarian is? Don’t worry. I didn’t know exactly what the word meant until […]
Just Because You Can Afford Something Doesn’t Mean You Should – Part 1
When I started “Rat Race Off Ramp”, I highlighted a few ways to think about money, saving, and spending. Two of my early posts were “Money and Your Life” and “Spending with a Different Mindset.” In another post, “Are you […]
Roth IRA – The Most Powerful Retirement Account
Traditional IRA, Roth IRA, Thrift Savings Plan (TSP), Roth TSP, 401(k), Roth 401(k), 403(b), and Roth 403(b) accounts are the main types of retirement accounts for those that are not self-employed. The different options can at times be confusing and […]
Should Centenarians Influence Your Retirement Planning?
Even though life expectancy in the United States has been pretty consistent over the last few years, centenarians are the fastest growing age group in the United States. What’s a centenarian? A centenarian is a person who is over 100 […]
The Two Sides of Investing Fees
For everyone that owns mutual funds or exchange traded funds (ETFs), there are costs associated with owning them, and they are not equal. Even if people are aware of the fees they are paying, they are likely unaware of the […]
How Much Do You Really Need to Retire?
Guess what? There is no magic ‘one size fits all’ number or thumbrule for everyone to retire. You can find tons of articles (here, here, here, and here) that tell you how much you need to retire. They will say […]
How Should You Save For Retirement?
In the last post, I covered how fees can eat into your returns, especially over the long-term. Today, I’ll cover contributions to retirement accounts. With retirement savings, we have to dig a little deeper because of the different options […]
One Easy Way To Give Yourself THOUSANDS More In Retirement
How much are you paying in fees on your investments? “Well, I don’t know.” This is probably the answer most of you would give if I asked you the question above. If you do nothing else with your investments and […]
What is the ‘Rat Race Off Ramp’? And what are ‘F.I.’ and ‘F.I.R.E’?
Wake up, go to work, come home, go to sleep, repeat. Work, get paid, spend, repeat. These are the cycles millions of people go through constantly all over the country. And sadly, millions of these people will go through this […]
Not the Beginning I Pictured
To say we are in different times now than when I started thinking about launching a personal finance blog would be an enormous understatement. By now, you are acutely aware of the COVID-19 pandemic spreading across the globe. My family […]