I’ve heard it said that 30 is the new 20, implying that on the whole we are leading more youthful lives than those before us did. And 40 is the new 30. Is 50 the new 40? And from a retirement perspective…is 50 the new 65? Age 62 has historically been the average retirement age […]
A younger friend recently accepted a new and well-paying job (congrats again, D!). Upon my advice to pay yourself first, he challenged back with alternative ponderings such as “If I retire…” and “Realistically I think I’d do a semi-retirement.” These are valid and convenient perspectives shared by many. In his bestselling book Die Broke, Stephen […]
Lower Taxes With Your HSA
Want lower taxes? Contribute to your HSA. If you haven’t yet heard the hype about the very powerful savings tool which is the Health Savings Account (“HSA”), let me fill you in. What is an HSA? The HSA is a tax-advantaged savings account designed to provide TAX-FREE money to pay for qualified medical expenses. If […]
What’s your Buck Score?
What the buck is a Buck score? If you don’t know what a Buck score is, and therefore what yours is…start by taking our survey with the Buck Now! web app. At the end you’ll be provided with your Buck score: What is the Buck score? Your score is based on how well you are […]
How Long it Takes to Save for Retirement
Let’s discuss how long it takes to save for retirement. Or instead, how long to achieve financial independence since some don’t plan to ever retire. How long would you guess that this takes? With the average US retirement age of 67 years old…it would appear that 40+ years of working is required. And for the […]