Did you know the average net worth for people living in the U.S. is $692,100? If you’re thinking that sounds high, then you’re right. I mean, I don’t know very many people with a $700K net worth. The average net worth is misleading because the numbers are skewed by the ultra-wealthy. A better statistic to […]
Monthly Archives: January 2019
Earn More Money, Get Out of Debt, Increase Your Savings, Investing, Medical & Rx, Student Loans
Early Retirement: Understanding Your Current Financial Position
15
Jan
Jan
In my last post, I gave you the tools to determine how much money you really need to retire early. Knowing the amount of money we need for financial freedom gives us an ultimate financial goal to work towards. It tells us where we want to go. But, we also need to understand where we’re […]
Earn More Money, Get Out of Debt, Increase Your Savings, Investing, Medical & Rx, Student Loans
Early Retirement: How Much Money Do You Really Need?
07
Jan
Jan
Every time I read an article stating we need $5 million, or even $3 million, to be able to retire, I immediately call “BS”. Why? Because retirement means different things to different people and is based on individual situations. For example, your idea of retiring early may be to continue working, but not for someone […]