Contents Introduction If you want to retire early, you need to start planning now. The sooner you start saving, the easier it will be to reach your goal. There are a few key things to keep in mind when you’re trying to save enough money to retire early. First, you…
Category: Retirement
Investment: How to Take a Holistic Approach – 2
Overview In the first article, we talked about how one way to invest is to pay down debt and set up an emergency fund. In this article, we’ll talk about the different ways you can invest to grow your savings. Mutual Funds With mutual funds, you can put your money…
Investment: How to Take a Holistic Approach – 1
Why is Holistic Financial and Investment Planning Important? A pandemic changes the way people invest. For some, this means putting their money into assets that are safer. For others, it means rethinking how they decide how much risk to take. Others have to wait for the market to settle down….
You Can Become a Millionaire via the 401(k)
If you start investing in the 401(k) when you are 22, you can certainly become a millionaire after you retire at 65. Invest 10% of your salary, $35k, into a 401(k), and that is $3,500 annually. That is just $134 per paycheck, assuming you get paid every 2 weeks. You’ll…
Is the Stock Market Overvalued?
The three popular ways to measure value of the stock market are the trailing 12 month price-to-earnings ratio (P/E ratio), the forward 12 month P/E ratio, and the price to sales ratio. The question is whether the stocks are over valued at this point. Historically, the S&P 500 P/E ratio…