Tag: saving
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Hello world!
Welcome! This is my first post on my first blog. I will be sharing thoughts on two very different subjects: The Pursuit of Financial Independence, and Philosophy (atheism/faith). Financial Independence I’ve been striving for over a decade to build wealth starting from near zero. My wife and I have accrued significant savings in 401(k)s, IRAs,…
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Emergency Fund: 3 Reasons Why Everyone Should Have One – And A Simple Way To Start From Zero
The early years of my family were a constant struggle to make ends meet. It wasn’t long before we were in debt and stressed out. Whenever unexpected expenses came up, we used credit cards to get by, pushing us further into debt. An emergency fund could have helped. Here’s Why: Experts recommend having a minimum…
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If You’re 50+ And Short On Retirement Funds, You May Need to Do More Than Save and Invest. Here’s One Idea You May Not Have Considered.
A Late Start According to the 2022 Survey of Consumer Finances, the median retirement balance for people age 55-64 is a mere $185,000 (NerdWallet.com). I didn’t start saving for retirement until after a career change in my 40s. We’ve come a long way, but are still far short of where we want to be. Good,…