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Saving More for Retirement in My Solo 401k

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When I left my engineering career to become a stay at home dad/blogger, I wasn’t sure if I could continue to save for retirement. My original plan was to use my small blog income to help fund our expenses. That way I could put off withdrawal from my nest egg and let it grow undisturbed. However, life […] Read More

What if You Always Maxed Out Your 401(k)?

{ 192 comments } What if you max out your 401(k) every year?

What’s the surest way to become a millionaire? I can tell you right now – max out your 401(k) contribution every year. This is the simplest and most assured method to build wealth. The problem is you have to start investing young and most of us didn’t know that when we were young. Most of […] Read More

The Easiest Road to $1 Million Nest Egg

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Hey everyone, we’re on vacation this week and Tim is covering for us today. Check out his post and let us know what you think. I’ll be back from Hawaii next week. Tim’s Bio I’m a self-made millionaire immigrant and a VP at a mid-size company based out of Orange County, California. I moonlight as […] Read More

Don’t Forget About Your Annual Financial Checkup

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Can you believe there is less than 3 weeks left in 2016? The year is ending quickly and the holiday season is upon us. Now is the perfect time to go over your finances before it gets really busy during Christmas and New Year. Actually, we won’t be very busy this year because we’re staying […] Read More

Do We Have a Retirement Saving Crisis?

{ 104 comments } Do we have a retirement saving crisis?

Do we have a retirement saving crisis? The retirement financial guys certainly think so. The National Institute on Retirement Security’s ongoing research* shows that we are in bad shape collectively. There hasn’t been much improvement even after a long period of economic stability. Retirement saving is still dangerously low especially for almost everyone. 90% of the households […] Read More

Why Families Should Live on One Paycheck

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Wow, a lot has changed in 5 years since I wrote this post. In 2011, I was very unhappy with my job and I needed to make a drastic change. We saved as much as we could and cut back our spending to prepare for my early retirement. A major part of the preparation was […] Read More

How to Retire In 10 Years

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Is it possible to retire in 10 years by working hard and saving a large percentage of your income? Yes, it is possible, but this requires a lot of sacrifice up front. Honestly, I think 99% of the working population don’t pay much attention to retirement and they just don’t know what’s possible. I certainly […] Read More