Category Archives: Financial Planning

Impacts of the 2018 Tax Reform Law

After what seemed like many months of debate, tax reform has been passed into law for 2018.  This is not a political blog, so I will not be sharing my opinion on any of these changes.  The purpose of this post is to just share some of the highlights that will be useful for people who are interested in reaching financial independence. This post does not cover every change.  The bill is more than 1,000 […]

Fire Your Financial Adviser

I have been on the journey toward financial independence for a long time.  I started saving and investing to reach financial independence at age 20.  When I decided that I wanted to become wealthy, I knew that I needed to be educated on how to turn this goal into a reality. While at college, I studied Business Management.  Even though I tried to take as many finance classes as possible, I did not learn much […]

Individual vs. Institutional Investing

As an individual, it is important to know where you stand as an investor.  To succeed, you need to know your goals.  For most individual investors, their goal is to be able to fund their retirement expenses or even to be able to retire early.  Other goals might be paying for a child’s education, starting a business, or building a dream house. To reach those goals, there is a simple path for an investor to […]

Planning on working until age 70?

Should you plan on working until age 70?  This suggestion has been surfacing in the mainstream financial media.  It is perfectly fine to work until age 70 or beyond.  It should not, however, be the age that your retirement planning is based upon. Some people like to work.  It gives them purpose.  Work adds structure to the day.  For many people, it is their identity.  Their job is who they are. Even if you truly […]

Writing a Financial Plan

Everyone should have a written financial plan.  A written financial plan is a document that assists you to focus on what you want to achieve when it comes to your personal finances.  A written financial plan is a living document that should be amended as time goes on. A written financial plan is a useful tool for everyone.  It does not matter if you are a new college graduate (Age 21-28) entering the workforce, a Millennial or Gen-Xer […]