I frequently share my story on general personal finance platforms as an example of what is possible. My wife and I achieved financial independence (defined as having accumulated greater than 25 times our annual spending in invested assets) decades earlier than most people. We accomplished this primarily by saving roughly half of our household income …
Is saving half your income hard? Saving 10% is even worse Read More »
My husband and I are both retired. My husband is collecting Social Security at 64 years of age, while I’m waiting to collect mine at 70 years (which will be in another four years). We are fortunate to have owned a house since 1999 in one of the hottest markets in the San Francisco Bay Area. It would …
Dear Quentin, My dad died last year. My sister has power of attorney, and is now the executor of my father’s estate. My sister’s husband has taken on the role of managing my parents’ estate, which is worth $9 million. Last year, the estate made about $300,000, which is very low. My sister and brother-in-law …
My father married a wonderful lady about three years ago; both were widowed and in their 70s and 80s. The woman was well off — not rich, but having several rental properties, investments and cash on hand. My father was comfortable and had no financial concerns, and was able to afford vacations and other things …
In recent months, the gap between what Americans could earn from switching jobs widened as labor shortages persisted. Source link
What’s Ahead for Well-Being In the latest issue, The Future of Everything explores what’s ahead for well-being, from the next ‘it’ diet to the inventions in the works to improve old age. Jan. 8, 2022 at 10:46 a.m. ET by WSJ Staff Source link
I’m a single 26-year-old who’s been renting in downtown Atlanta for almost 5 years and want to buy my first home. My lease only allows me to enter the market once a year. If I find a deal, should I break my lease, or wait and see what’s available? What should I be focusing on to determine what …
What were the most significant developments in the world of retirement in 2021? What laws affected, for the better, those saving for or living in retirement? What products and investments now have the possibility of lessening the retirement crisis? Here’s what experts had to say. Income has always been the focus of defined-benefit plans and …
I have $540,000 saved, and my wife has $250,000 in retirement funds. We also have $60,000 in the bank. We decided to retire early (I’m 58, and she is 57). The only debt we have is my truck, which is $450 a month, and insurance, which is $1,300 a month. Our budget so far has …
We are in our late 50s and have retired with less than $1 million: ‘Did I jump the gun?’ Read More »
Capitol Hill negotiations on a massive social safety net bill moved in fits and starts during 2021, and there’s no resolution in sight as the year concludes. The on-again, off-again political wrangling in Washington, D.C. is one reason many taxpayers may want to move briskly with their income tax returns in 2022. For starters, a …
5 ways to get a bigger — and quicker — tax refund Read More »
