For almost a century, 65 has been seen as the age at which people retire in America. This is largely due to the original Social Security Act of 1935, which set the minimum age for full retirement benefits at 65, and since then, 65 has seemed like the magic number for retirement. Does that age […]
The post Is 65 Still a Good Retirement Age? appeared first on The Simple Dollar.
Using Wade Pfau’s data and “predictions” of the future, we’re creating an updated Trinity Study to use for our retirement planning.
Wise Bread Picks Financial independence can mean different things to everyone. A 2013 survey from Capital One 360 found that 44 percent of American adults feel that financial independence means not having any debt, 26 percent said it means having an emergency savings fund, and 10 percent link financial independence with being able to retire … [Read more…]
The only way to retire with financial security is by saving for retirement ASAP. Although setting aside retirement savings is a solid start in the right direction, making sure youâre saving enough toward your retirement goal is just as important. Once youâve decided how much you’ll contribute to your retirement fund, youâll be closer to […]
The post Am I On Track to Retire? appeared first on Good Financial Cents®.
The average American has only a little over $200,000 saved for retirement by age 65. It’s a small wonder that 50% of married couples and 70% of individuals receive 50% or more of their retirement income from Social Security. But that doesnât have to be you. In fact, you donât even need to wait until […]
The post Here’s Your Plan to Retire in Ten Years appeared first on Good Financial Cents®.
Although 2020 was an economic dumpster fire of epic proportions for many, the last few years were filled with plenty of prosperity and, of course, stock market growth. After all, the S&P 500 rose by 29% in 2019 and the unemployment rate was crazy-low, dropping to its lowest level (3.5%) since 1969. And the years […]
The post What Is Financial Independence And How Do I Achieve It? appeared first on Good Financial Cents®.
Lots to cover in this week’s highlights, including Mark Zuckerberg’s trip to the Hill, and what is actually going to result from it. Plus, how a 72-year-old FIRE icon is reaching Millennials and inspiring them towards financial independence and early retirement. Facebook Will Be Regulated ⦠But Likely Not by Congress [Kiplinger] Sum and Substance: Facebook […]
The post Facebook’s Trust Issue, and a FIRE Icon Inspires Millennials appeared first on Incomist.
Hello from Portugal!
Last Thursday, I returned to Europe for the fourth time in the past ten months. This time, I’m here for work. I’m speaking at yet-another chautauqua about financial independence and early retirement. As always, it’s fascinating — and the people attending the event are amazing.
For this trip, I decided to experiment with ultra-light packing. I am not a minimalist, but I like minimalist travel. I wanted to see if I could carry everything I needed for 20 days of travel in a single small backpack.
Jobs requiring a bachelorâs degree or higher level of education for entry are often more insulated from unemployment than others. During the COVID-19 pandemic, total unemployment for individuals 25 years and older spiked to 13.1% in April 2020. However, the … Continue reading →
The post Most In-Demand Jobs for Bachelorâs Degree Holders – 2021 Edition appeared first on SmartAsset Blog.