Retirement

FIRE is a popular topic. But what about the dark side of FIRE? This post shares some poignant FIRE confessionals to help keep things real. I published this post during the global pandemic, and I’m revisiting it more than five years later. When I started writing about achieving financial independence in 2009, there wasn’t a […]

Americans are facing a difficult dilemma during the pandemic. We have to decide between the economy or maybe your life or my life. How long are we willing to purposefully shut down our economy to combat the coronavirus and risk losing even more people due to a great depression? I don’t know the answer, which

The 401(k) maximum contribution limit for 2025 is $23,500. This is up from $23,000 in 2024 and $22,500 in 2023. For participants ages 50-59 and 64 or older, the additional “catch-up” contribution limit is $7,500. Starting in 2025, if you’re between ages 60 and 63, you can contribute up to $11,250 as a catch-up contribution,

Being frugal is a good habit to adopt if you want to build more wealth. However, it is very hard to frugal your way to early retirement. Instead, it’s much better to try and earn more income since the upside is limitless. You can only save so much! Living A Frugal Retirement Lifestyle Surprisingly, I

Did you know that having limiting beliefs about wealth and retirement could be crushing your future? It’s time to break out of a negative mindset. To build wealth, you must adopt a positive money mindset. Despite highlighting four examples of people who are able to retire by 40, and providing very clear graphs that are

Instead of embracing the FIRE movement for those seeking financial independence, it may be better to embrace the DIRE movement after such a massive bull run since 2009. For the millions of unemployed Americans thanks to the pandemic and now AI destroying millions of jobs, the DIRE movement is real. When I first started writing