Category: Money & Investing

4 Personal Finance Rules You Should Know by Heart

These are four of the most important things you can do to live a financially healthy life. Matthew Frankel (TMFMathGuy) Jan 21, 2018 at 6:53AM (https://www.fool.com/retirement/2018/01/21/4-personal-finance-rules-you-should-know-by-heart.aspx) There are tons of personal finance tips, tricks, and rules that can greatly improve your financial well-being. However, some are more important than others. Here are four personal finance …

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Even a $1 million retirement nest egg isn’t enough anymore

With more retirees responsible for their own financial security, even a $1 million nest egg isn’t nearly enough.  Considering the looming retirement savings shortfall, experts say there are only two ways out: Earn more or spend less. Jessica Dickler | @jdickler (https://www.cnbc.com/2017/11/30/even-a-1-million-retirement-nest-egg-isnt-enough-anymore.html) This is how long $1 million will last in retirement  9:11 AM ET Wed, 24 Jan …

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6 Things No One Ever Tells You About Retirement

By CHUCK SALETTA/THE MOTLEY FOOL (http://time.com/money/5034017/6-things-no-one-tells-about-retiring/) Many of us look forward to retirement as the reward for a lifetime of hard work. While the post-work years can truly be golden for those who plan for them, many retirees are caught off guard by the facts of their new life. Here are six things you should know …

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Suze Orman Says This Is the Age You Should Retire—Not a Month or Year Before

(http://time.com/money/4989314/suze-orman-new-retirement-rule/) One of the most popular segments on my CNBC show was “How Am I Doing?” Viewers would call in and tell me everything about their finances and wait for me to judge whether their retirement planmade the grade. Typically the central question was if they could retire in their early 60s. Let’s just say I gave out …

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Why Wise People Take Social Security at 62

It will help you leverage the most powerful resource at your disposal. Brian Stoffel (TMFCheesehead) (https://www.fool.com/retirement/2017/09/16/why-wise-people-take-social-security-at-62.aspx) As a college student, future-filmaker Roco Belic took time off of school to travel the world. He focused on locales which could further his studies of Russian, Swahili, and Arabic-speaking peoples.What he found led him to a startling conclusion, …

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8 Ways Any Millennial Can Be a Millionaire in 5 Years

Image credit: Hero Images | Getty Images John Boitnott – VIP Contributor Journalist, Digital Media Consultant and Investor  (https://www.entrepreneur.com/article/297322) Millennials are hitting the workforce in large numbers each year, facing challenges as they do so. Recent research from USA Today reveals that millennials earn 20 percent less than their parents did at the same age, even once …

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5 Inherited IRA Rules You Should Know by Heart

IRA beneficiaries need to know these key provisions to make the most of their inheritance. Dan Caplinger (TMFGalagan) (https://www.fool.com/retirement/iras/2017/06/01/5-inherited-ira-rules-you-should-know-by-heart.aspx) IRAs are useful tools to save for retirement, but many IRAs don’t get spent down completely before the accountholder passes away. If you’re named as beneficiary on an IRA, there are five things you really need …

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Forever Broke: 15 Things Holding You Back From Becoming a Multimillionaire

As Mark Cuban once said, “Ideas are worthless until you do something with them.” By John Rampton Entrepreneur and investor @johnrampton (https://www.inc.com/john-rampton/forever-broke-15-things-holding-you-back-from-becoming-a-multi-millionaire.html) CREDIT: Getty Images There’s no surefire way to become a millionaire. But there are definitely things that are holding you back from achieving that elusive multi-millionaire status. Over my 32 years of being alive (yes, I’m …

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2 Things Self-Made Billionaires Can’t Succeed Without

Is it luck? Power? Being in the right place at the right time? For self-made billionaires, it’s much more than that. By Peter Economy The Leadership Guy @bizzwriter CREDIT: Getty Images Self-made billionaires are misunderstood. Now, I’m not asking you to pity them or create a Kickstarter campaign to lessen their suffering. But there’s an ongoing dialogue …

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Why You Should Never JUST Work for Money [Top 5 Reasons]

By Jörgen Sundberg (https://theundercoverrecruiter.com/5-reasons-you-should-never-work-money/) Why do you do what you do for a living? If you say that you love what you do, you are lucky. Only a small minority can actually claim to be happy doing what they do. Most people will say they do their job for the money. They would ideally want to …

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