Category: Retire
Update: MyRA plans have been shut down, with deposits no longer being accepted after December 4, 2017. The U.S. government’s IRA plan, myRA (short for “My Retirement Account”), is …
Imagine awakening to find yourself in the middle of the forest. It’s just you, the trees, and oddly – a backpack full of $100 bills. You get up, throw …
Most celebrity finance stories are super depressing and usually include the following phrases in the headline, “Files for Bankruptcy”, “Lost Millions”, or “Spent Entire Fortune on”. When I find …
Someone recently posed an interesting brain teaser to me, “Would you rather win the lottery or have the perfect job?” Details were lacking, and it got me thinking (which …
All good things come with limitations. And never is that more true than with retirement accounts. For those lucky enough to have an employer-sponsored 401K (it is rarer that …
In the wake of my wife getting a better job, I thought it would be wise to read through all of her new employer’s benefit plan details. Standard fare, …
It wasn’t long ago that I blasted the traditional 10% savings plan advice given by financial gurus that recommends you work until traditional retirement age (65+), save 10% along …
