Tag: retirement planningSort
Regular savings is one of the surest ways to increase your net worth.
This is part of a special report on 101+ ways to build wealth. In this story, readers and experts weigh in with advice for significantly boosting your savings.
Stick to a budget for just a month. A Canadian study found that people who stuck to a budget had higher net worth than those who didn't have one or had one they didn't follow.
How to Save $100,000 Over the Life of Your $200,000 Mortgage
Now I know you, my sophisticated readers, find it obvious that ARMs and Balloon Payments are bad ideas but, in my previous life in the real eastate title business, I found that even the most savvy investor often fails to consider the long-term costs of even a conventional mortgage.
"Determining Withdrawal Rates Using Historical Data"
I recently stumbled upon this article from William P. Bengen “DETERMINING WITHDRAWAL RATES USING HISTORICAL DATA”. The basic idea behind this research is that year over year fluctuations in annual returns could drastically change the standard of living of retired individuals, who rely on their investments for income.