Tag: early retirement

How Compound Interest Will Make You Rich

How Compound Interest Will Make You Rich

If you’re young, you’ve got a secret weapon. A HUGE secret weapon. Think on the scale of the Kryptonite that’s designed to bring down Superman. We’re talking about compound interest, and yes, compound interest is that powerful. Even Albert Einstein said that  “Compound interest is the eighth wonder of the world.” And we all know … Continue reading How Compound Interest Will Make You Rich

The Basics of Investing For F.I.R.E (Financial Independence Retire Early)

The Basics of Investing For F.I.R.E (Financial Independence Retire Early)

Arguably, the two pillars of obtaining FIRE are knowing how to save and invest. When you’re just starting out, it can be a bit overwhelming. There are so many different types of investments to consider – Stock vs Bond, Roth vs Traditional IRA and 401k, just to name a couple. So many questions you may have – … Continue reading The Basics of Investing For F.I.R.E (Financial Independence Retire Early)

Roth 401(k) vs. Traditional 401(k) | Similarities, Differences, and Examples

Roth 401(k) vs. Traditional 401(k) | Similarities, Differences, and Examples

The 401(k) is a common financial tool for building up retirement savings. Not only does it offer tax advantages, but some employers match their employees’ contributions. If you’re starting a new job, opening and contributing to a 401(k) is almost always a good idea. But should you put your money into a traditional 401(k), as nearly … Continue reading Roth 401(k) vs. Traditional 401(k) | Similarities, Differences, and Examples

How To Retire In Less Than 10 Years

How To Retire In Less Than 10 Years

If you think building up enough cash reserves and income to retire within ten years is impossible, think again. The reality is, early retirement is absolutely possible. All you need is some education, some street smarts, and dedication to your goals to make it work. Don't believe me? If retiring early sounds unrealistic, consider a few … Continue reading How To Retire In Less Than 10 Years

Early Retirement Strategy – Retire Early With $40 a Day

Early Retirement Strategy – Retire Early With $40 a Day

Early retirement is no longer defined as the moment when you stop working forever, it's simply the moment when you no longer have to work for money. While you might be thinking, how can you retire at 50, 40, or even 30? Well, it’s important to first define what early retirement actually means to you. … Continue reading Early Retirement Strategy – Retire Early With $40 a Day