Retirement

How to Enjoy Hobbies While Saving For the Future

I’m giving you permission to spend money. Now before you run to your spouse and show them this blog post, let me explain. Some people get the idea that you can’t enjoy your hobbies or interests while you’re saving money for the future. They picture themselves pinching every penny and cutting out every fun activity […]

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Retirement Dream: Starting Your Own Business

Who says you can’t work when you retire? Back in the day, you clocked out for the last time, turned in your hard hat, and never took another job. Times have changed. Becoming your own boss later in life isn’t uncommon. In fact, according to the Kauffman Index of Entrepreneurship, people ages 55–64 make up […]

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Easy Grocery Shopping Hacks That Could Add $50,000 to Your Retirement

Enjoying a dream retirement means having both offensive and defensive strategies. You play offense by taking deliberate, intentional steps—getting out of debt, sticking to a budget, choosing investments, and putting money aside for them every month. Playing defense means you look for any threats that could hinder your progress, like loans or credit cards. Some […]

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4 Steps to Make Sure You Don’t Have to Work Forever

I’ve traveled all over the country, and I’ve coached thousands of people. In that time, I’ve heard just about every excuse for not investing for the future: “I know people who lost money.” “I don’t have any money to invest.” “I’ll invest later.” “I’ll just work until I die.” I’ve talked with countless people whose […]

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Building Wealth Through Income Streams

Can you remember back to your days in science class? For some of us, that’s thinking a long way back! In that class, you learned about bodies of water—rivers, streams, ponds, lakes. You discovered that some lakes are formed when rivers and streams flow into them. In open lakes, water also leaves by a river […]

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College Vs. Your Retirement: Put the Oxygen Mask on Yourself First

When you become a parent, you sign up for decades of decisions that demand answers—even before your first child is born! Will both parents work outside the home? When will you start potty training? Where will your child go to school? When can they date? What is their curfew? And with every choice you make, […]

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Don’t Miss This Retirement Game Changer

Let’s pretend for a minute that you’re in the doctor’s office because you didn’t feel good but couldn’t pinpoint the problem. The doctor looks you over, takes some blood, does some X-rays, and runs some tests. A few days later, you get a call from the nurse to come back to the doctor’s office. He […]

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Where Do I Invest After I’ve Maxed Out My 401(k)?

If you’re asking how to invest beyond your workplace retirement plan, then you’re making huge strides in building wealth for your future! You’re laser focused, you’ve set your goals, and you’re working toward them—and that’s a great accomplishment! Once you’ve contributed the allowable amounts to your workplace investing program, you don’t have to stop there. […]

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What Your 401(k) Loan Is Really Costing You

There it is. Just sitting there. Tempting you. Taunting you. It would be so nice to have. You could make up for it later. Nobody would need to know. I understand the temptation. I’ve given in to it before and regretted it. So my advice to you is this: No matter what, don’t touch it! […]

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What Do I Do With My Old 401(k)?

Eleven. That’s the average number of jobs that today’s youngest baby boomers have held. And millennials are headed in that same direction. They’re likely to change jobs four times by age 32. Now, this trend isn’t happening for bad reasons—it’s just the culture we live in. Likely, you’ll change jobs before you retire. What do […]

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