You might think that in order to achieve early retirement, you have to embrace a harsh and Spartan lifestyle. I don’t accept that premise, and you don’t have to either. In fact, I believe the only way to really reach your early retirement goal is to learn to love the process. Suffering through your life […]
When to Take Social Security Benefits
If you want to know when to take Social Security benefits, the answer is “as late as possible” up to age 70. This is true in almost all cases (I’ll discuss when you should not adhere to this advice.) The issue of when to take benefits isn’t a question of how to maximize your income. […]
What You Should Do With Inheritance Money
Do you know what to do with inheritance money or any other windfall? I received a question like that from Nancy a few weeks ago. Here’s the situation. Nancy and Jim are both 31. They have two small children. They rent an apartment and have almost no debt. When Jim’s great-aunt passed away, they inherited […]
Retirement Without Debt – 5 Steps
Not everyone can achieve retirement without debt. But if you really want to do it, you can. In fact, if you follow the following 5 steps, you can make sure of it. But please understand that being debt-free isn’t always the most financially savvy step to take. I say that it’s not always the best […]
How to Interview People and Hire Top Notch Candidates
If you are in business for yourself, you have to know how to interview people. And you need to be very good at it. You probably don’t have an HR department, and you have to be efficient with your time. But you have to get it right. There is nothing more expensive than hiring the […]
What to Do With Your 401k After Divorce
If you have serious marital problems, you have to understand – before you call your divorce lawyer – what divorce will do to your 401k. The reality is there are some issues over which you have no control. But there are things you can do that will have a significant impact on yourself and your […]