When you talk about retiring early, you get a lot of questions about how you are going to fund it. If you answer that you are putting money into retirement accounts, the next question is inevitably about paying penalties. The “common wisdom” is that you won’t be able to take your … [Read more...] about Your Roth IRA Contributions Belong To You
Finance Fridays
Inflation’s Impact on Retirement Planning
Last week I talked about what inflation is and how it affects expenses over time. This week, I wanted to dig into how inflation affects retirement planning. After all, inflation is basically a given. Sure, deflation may occur in some years. And inflation isn’t a physical truth, … [Read more...] about Inflation’s Impact on Retirement Planning
Let’s Talk About Inflation: Part 1
When you talk about money, and especially when you talk about retirement planning, there is a term that inevitably comes up. Inflation. You’ve almost definitely heard of inflation before, but do you know why it happens and how it affects you? That’s what we’ll be talking about … [Read more...] about Let’s Talk About Inflation: Part 1
The Easiest Investment Fund You Can Choose…and its downside
Have you heard of analysis paralysis? It’s when you spend so much effort thinking about every facet of a situation that you become bogged down and end up never making a decision. While analysis paralysis can affect a lot of aspects of life, here I care about how it affects your … [Read more...] about The Easiest Investment Fund You Can Choose…and its downside
Investing Series: What the Heck is a P/E Ratio???
When you invest in a stock, you want to make sure you are buying it at a good price, right? But this isn’t Walmart. You can’t compare the price of Coca-Cola stock to the price of PepsiCo stock and say “this week I’ll buy PepsiCo because it’s cheaper.” Well, actually, I guess you … [Read more...] about Investing Series: What the Heck is a P/E Ratio???