Are you wondering how often should you rebalance your 401k? The quick answer is at least once a year and at most once a quarter. You want to stay on top of your 401k so its asset allocation doesn’t drift too far from your ideal asset allocation. At the same time, you don’t want to […]
How Often Should I Rebalance My 401k? Read More »
Do you have a complicated net worth like me? If so, it may be a good idea to look at a simple net worth. The more complicated your net worth, the more you need to stay on top of it with a free tool like Empower. A blogging buddy of mine named J from Budgets
Managing A Complicated Net Worth: How Messy Is Your Money? Read More »
One big goal on Financial Samurai is to highlight to readers what is financially possible. Once you know what is possible, you minimize your limiting beliefs and tend to strive much farther. You can actually save more than $100,000 in your pre-tax retirement accounts per year! Let me explain with some basics first. The 401k
How To Save More Than $100,000 A Year Pre-Tax: Open A SEP-IRA Or Solo 401k Read More »
Are you wondering: Should I borrow from my 401k? The short answer is no. Do not borrow from your 401k if you want to have a robust and healthy future. Your 401k is for your retirement. If you borrow from your 401k, you might not have the discipline to pay yourself back. Once you start
Should I Borrow From My 401k? Only If You Are A Petulant Fool Read More »
It’s a worthwhile goal to be great at something – top one percent great. Being a jack of all trades, master of none is an excuse many of us use because we aren’t willing to try harder. We know this, so we settle for good enough. Good enough is good enough if you’re content. But
Why Settle For A Good Retirement, When You Can Go For A Great One? Read More »
Senior workers outnumber teenage works for the first time ever. This is interesting because the pandemic has also created more job quits than any time in history. Bloomberg highlighted an interesting chart stating that for the first time ever, working seniors outnumber teens in the labor force. Currently 6.6 million people over the age of
Senior Workers Outnumber Teenage Workers For The First Time Read More »
In my 9th year of early retirement, I realized I made a serious mistake that cost me $500,000+. Let me tell you what happened so you don’t do the same. The biggest financial mistake early retirees make are often realized until way after the fact. Estimated Passive Income In Retirement When I left Corporate America
One Of The Biggest Financial Mistakes Early Retirees Make Read More »
Any rational person would agree that living on the West Coast is better than living on the East Coast. Anybody who tells you otherwise probably has never experienced West Coast living long enough to understand the difference. I’m rational. I’ve lived on both coasts for over 10 years each and I don’t believe there’s really much
East Coast Living – Is It Really That Bad? Read More »
The following is a terrific guest post from Spencer, a captain in the US Air Force, who gives a complete overview of the financial benefits of joining the military. There are many different paths you can take in life. Blue collar, white collar, no collar – the jobs you do often reflect your upbringing. If
When you find a great job that you love, it’s like winning the lottery. Working doesn’t feel like work when you’re doing something that’s fulfilling and in line with your interests. If you feel like debating, head over to “The Dark Side Of Early Retirement” and get your fix. I stand by my main thesis that
The List of Jobs I’d Do For Free Baby! Read More »
