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You’re Probably Using the 4% Rule All Wrong

January 29, 2023 by Brett Tams

The 4% rule is the most popular shorthand in retirement planning. And you’re probably using it wrong.

Posted in: Financial Planning, Money Basics, Retirement Tagged: 2, 2021, 2022, 30-year, 4%, 4% rule, All, Amount Of Money, ARM, basics, Benefits, big, Blog, bond, bonds, brokerage, Built, Capital Gains, capital gains tax, Choices, consumption, cost, Cost of Living, Crisis, data, Dave Ramsey, Debt, experts, Finance, Financial Planning, Financial Wize, FinancialWize, fire, fund, gas, good, graph, great, groceries, growth, Halloween, historical, Income, income tax, Inflation, interest, Investing & Retirement, investment, investment portfolio, kitces, Learn, Life, Make, market, markets, Mistakes, money, More, Morningstar, most popular, Moving, multiply, net worth, new, Other, pension, percent, Personal, personal finance, photos, plan, planner, Planning, podcast, poor, Popular, portfolio, probability, rate, Rates, Rent, retirees, retirement, retirement accounts, Retirement Planning, retirement savings, returns, right, running, safe, save, Saving, savings, security, simple, single, smart, Social Media, social security, social security benefits, Spending, stock, stocks, story, tax, taxes, The Wall Street Journal, time, traditional, Treasury, trinity, trinity study, update, Valuations, wall, wealth, will, withdrawal, wood, work, wrong

Your FI Number – 3 Easy Steps to Calculate Your Retirement Money Needs – The Best Interest

January 12, 2023 by Brett Tams

Your FI number—or financial independence number—details how much money you need to successfully retire. Or under the right circumstances, how much money you need to retire early.
Posted in: Money Basics Tagged: 2, 2021, 30-year, 4%, All, ask, assets, big, blue, Budget, cost, Cost of Living, couple, COVID-19, death, Early retirement, Economics, estate, expenses, expensive, Finance, financial independence, Financial Wize, FinancialWize, General, goal, gold, good, Grow, growth, historical, household, Income, index, index fund, Inflation, interest, investment, investment performance, investments, Lifestyle, Live, Make, market, markets, MarketWatch, math, money, More, more money, needs, new, News, Original, Other, Personal, personal finance, plan, Planning, points, Popular, portfolio, present, projects, questions, rate, Rates, Real Estate, Relaxation, retire early, retirees, retirement, Retirement Income, retirement plan, Retirement Planning, retirement plans, returns, risk, running, safety, save, security, Sell, shares, social security, Spending, stimulus, stocks, traditional, trinity, under, Vs., will, withdrawal, working

How Long Will $400k Last in Retirement?

January 10, 2023 by Brett Tams

Data from the Federal Reserve shows that the average savings in the United States at retirement age is just $255,200. So if you find yourself with $400,000 in assets at retirement age, congratulations! You’re doing much better than average. But how … Continue reading →

The post How Long Will $400k Last in Retirement? appeared first on SmartAsset Blog.

Posted in: Retirement, Starting A Family Tagged: 2, 4%, advisor, All, ask, assets, author, average savings, Benefits, Blog, boats, bucket list, business, cabin, calculator, College, Community College, cost, Credit, decades, discover, equity, estate, evergreen_simplefeed_delay, expenses, experience, Federal Reserve, Financial Advisor, Financial Goals, Financial Plan, Financial Planning, Financial Wize, FinancialWize, goals, Grow, habits, health, Health care, home, homes, household, how long will 400k last in retirement, How To, impact, Income, Inflation, interview, investment, investments, Life, Lifestyle, list, Live, Main, Make, money, More, Mortgage, needs, new, Other, planner, Planning, portfolio, priorities, Purchase, rate, ready, Real Estate, rental, retirement, retirement accounts, Retirement Planning, rewards, rich, Saving, savings, second, security, Sell, selling, single, social security, social security benefits, Spending, states, stock, Style, title, tools, Travel, trinity, united, vacation, vacation homes, Venice, will, winter, withdrawal, work, working

Do You Qualify for Any of April’s Class-Action Settlements?

March 29, 2022 by Brett Tams

Several class action settlements give consumers the opportunity to claim compensation this month. The settlements involve brands such as Apple, McCormick, Nissan and more. Check out the list below to find out if you qualify The April deadlines for filing claims in these settlements are fast approaching, so read on to find out if you […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Posted in: Find An Apartment Tagged: 2, 2016, 2021, Alabama, All, AllY, Ally Financial, apple, Apps, Benefits, blue, builders, business, california, Consumers, contractors, Convenience, data, Emergency, Fees, Financial Wize, FinancialWize, Freebies, freelancers, Georgia, health, Health Insurance, healthcare, house, Insurance, job, Law, Lawsuits, list, low, Make, Make Money, mobile, money, More, Mortgage, mortgage payment, mortgage payments, Mortgages, natural, natural products, needs, new, new york, newsy, Oregon, Original, Other, Personal, plants, products, proof, property, property values, Purchase, Quick Money, Rent, renter, Residential, save, Save Money, security, settlement, South Carolina, states, Tennessee, texas, the west, town, trinity, under, united, vehicles, venmo, warranty, will, work

Where To Live in San Antonio [Quiz]

February 22, 2022 by Brett Tams

Take this quiz to see which neighborhood to call home in the Alamo City.

The post Where To Live in San Antonio [Quiz] appeared first on The Rent.com Blog : A Renter’s Guide for Tips & Advice.

Posted in: Growing Wealth Tagged: affordable, All, Amenities, apartment, apartments, art, bar, black, Blog, Budget, business, Choices, city, cocktails, College, college students, Commercial, commute, country, dining, Employment, Entertainment, Entrepreneurs, Family, Financial Wize, FinancialWize, food, games, garden, government, great, green, guide, historical, history, home, homeowners, homes, house, Housing, international, japanese, kids, kitchen, landscaping, Life, Live, Local, making, Medical, miles, modern, More, museum, natural, neighborhoods, new, offer, offers, outdoor, Personal, Pet, questions, relocate, renovation, Rent, Residential, retirees, rich, roommates, san antonio, School, shopping, southwest, space, Sports, spouse, stage, students, Style, texas, tips, Travel, trinity, walking, will, work, young

The Cheapest Ski Towns for Renters

December 2, 2021 by Brett Tams

If you’re ready to shred the mountain but not go broke, these towns are for you.

The post The Cheapest Ski Towns for Renters appeared first on The Rent.com Blog : A Renter’s Guide for Tips & Advice.

Posted in: Growing Wealth Tagged: 2021, affordability, affordable, affordable apartments, affordable housing, affordable rent, All, Amenities, apartment, apartments, Architecture, bedroom, Benefits, big, Blog, Budget, building, Cities, city, College, Colorado, Connecticut, cost, Cost of Living, country, crime, data, Deals, dining, discover, Financial advice, Financial Wize, FinancialWize, friendly, fun, guide, history, home, homes, Housing, kids, lake, lessons, list, Live, Local, low, Make, making, markets, Michigan, miles, missouri, modern, More, mountains, Multifamily, natural, neighborhoods, new, offer, offers, outdoor, outdoors, Popular, property, ready, Rent, rental, rental property, renter, renters, retirees, schools, Seasonality, shopping, skiing, snow, south dakota, space, student, students, tips, town, trinity, under, Utah, white, will, winter, Wisconsin, young

Debt Management Plans: Comparing and Contrasting

March 4, 2021 by Brett Tams

Debt relief methods can create more problems than solutions, at least in the short-term. Debt settlement can drag on and lead to legal action and debt collectors; debt consolidation can double your debt (even while reducing your monthly payments). But debt management is a simpler solution and one that can be just as effective. In […]

Debt Management Plans: Comparing and Contrasting is a post from Pocket Your Dollars.

Posted in: Frugal Living Tagged: All, bankruptcy, Budget, Christianity, cons, cost, Credit, credit cards, Credit Report, credit score, credit scores, credit union, credit utilization, Debt, debt collectors, debt consolidation, debt management, Debts, Financial Wize, FinancialWize, Get Out of Debt, Giving, goal, impact, Income, interest, interest rate, interest rates, line of credit, loan, Make, money, More, News, Popular, programs, pros, Pros and Cons, questions, rate, Rates, settlement, trinity, will, work

Monte Carlo Simulation

March 2, 2021 by Brett Tams

From roulette wheels to hurricane paths, Monte Carlo simulations help us model random scenarios, pulling signal from the noise.

Posted in: Money Basics Tagged: 4%, All, basics, data, deck, Finance, Financial Wize, FinancialWize, fun, games, goals, house, index, interest, Investing, Investing & Retirement, living will, Make, market, matlab, Miami, model, monte carlo, More, Original, Personal, personal finance, questions, retirement, returns, simulation, stock market, stocks, texas, trinity, trust, weather, will, working

Mike Huckabee hauls in $9.4 million for Florida beach house

February 27, 2021 by Brett Tams

In Florida, former Arkansas Gov. Mike Huckabee just sold his three-story beach house overlooking the Gulf of Mexico for $9.4 million.

Posted in: Spending Money Wisely Tagged: Arkansas, Bathrooms, beach, beach house, buyer, construction, deck, estate, Financial Wize, FinancialWize, Florida, home, house, kitchen, living room, Moving, multiple listing service, Permits, pool, property, Real Estate, trinity

How redlining divided Durham communities Black and white – WTVD-TV

February 25, 2021 by Brett Tams

How redlining divided Durham communities Black and white  WTVD-TV

Posted in: Savings Account Tagged: 2021, agents, All, Black Homeownership, build, business, buyer, Children, Cities, College, country, discrimination, Family, Financial Wize, FinancialWize, front, garden, home, home buyer, home loans, Home Values, homeownership, homes, house, Housing, housing discrimination, Housing market, impact, interest, interest rates, loan, Loans, Make, makeup, market, Mortgages, Moving, neighborhoods, Original, present, president, race, Rates, Refinance, Reverse, second, The Neighborhood, trinity, wealth, white, women, work
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