Tag: retirement
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How can I save and invest more money?
Author James Clear in his monumental best selling book, and the one book I highly recommend everyone read at least twice has a lot to say about the 1% rule. The 1 Percent Rule states that over time the majority of the rewards in a given field will accumulate to the people, teams, and organizations…
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Why you will Never be able to Save yourself in to wealth.
One of the old adages I have heard a million times is this exact phrase. You can’t save yourself in to being wealthy. Translation: You can’t only save money and expect to accumulate wealth. It is impossible. The money you made yesterday is worth less than it is today. And it will be worth less…
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How much money do I need to retire?
Well as you can imagine, the amount of money necessary to retire can vary from person to person. It depends on the lifestyle you want or you have grown accustomed to. The general rule of thumb is the “4% rule,” which suggests that you should plan to withdraw 4% of your retirement savings in the…
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3 facts about retirement that should scare you!
I was curious to understand how much money the average American has saved for retirement. The information I learned scared the hell out of me and should scare the hell out of you. If you are long time reader of my work, then you know that there are a couple of things I wholeheartedly believe…