Why the 5% Rule is the New 4% Rule
On Bill Bengen's new book and how you can spend more money in retirement with confidence.| Of Dollars And Data
$1 million. Millionaire status. The two comma club. Whatever you call it, becoming a millionaire is a status symbol in the United States, and has been for a long time. Though $1 million today buys half of what it did in the early 2000s, it's still a lot of money and can have major implications for you and your career. Why? Because, at this level of wealth, money doesn't just buy things, it buys freedom. While $1 million isn't enough for most working people to retire indefinitely, it is enough...| Of Dollars And Data
On Bill Bengen's new book and how you can spend more money in retirement with confidence.| Of Dollars And Data
"Was Charlie Kirk just shot?" the text read. Immediately, I go to Twitter. With a few flicks of my thumb, the gruesome shooting video enters my feed. Before I can even process what's happening, I start reading the reactions. While there were plenty of positive messages like "praying for Kirk and his family," there were quite a few hateful ones as well. Then I started to wonder, "How many of these negative messages are even real?" After all, how many people watch a video of a man getting murde...| Of Dollars And Data
Imagine trying to build wealth in the United States in 1950. If you were a man, you got a job, bought a house, and went from there. This was an era where you could walk into a company's offices, ask the CEO for a position, and actually get it. This is how Warren Buffett met Lorimer Davidson, a GEICO executive (and the future CEO), who taught him about the insurance business over a few hours on a Saturday in 1951. At the time, access was easier and competition in the labor market was limited. ...| Of Dollars And Data
On getting rich quickly and why keeping wealth requires sacrifice.| Of Dollars And Data
Last week, Chamath Palihapitiya of Social Capital filed for a new $250 million SPAC with the SEC. The American Exceptionalism Acquisition Corp. A (AEXA), as the SPAC will be known, seeks to merge or buy a company in the field of energy production, AI, decentralized finance, or defense. Why these industries? Palihapitiya argues they are essential "if the United States is to maintain its position as the most important country on earth and the only global superpower." Despite his seemingly good ...| Of Dollars And Data
On the rise of optimization culture and how it eventually ends.| Of Dollars And Data
On the first $10,000 in wealth and why it's more life-changing than all the rest.| Of Dollars And Data
On the broken housing market and how its distorting risk-taking behavior.| Of Dollars And Data
Why income is the best predictor of your future wealth and 4 high income paths to consider.| Of Dollars And Data
On my 2nd book, The Wealth Ladder, and its proven strategies for every step of your financial life.| Of Dollars And Data
On the rise of the upper middle class and the problems that came with it.| Of Dollars And Data
On the four ways to increase your income without necessarily increasing your effort| Of Dollars And Data
On chasing financial independence and why financial freedom is a better (and easier) financial goal.| Of Dollars And Data
On various downside protection strategies and whether they are worth it.| Of Dollars And Data
On couples' finances and how my wife and I manage our money.| Of Dollars And Data
On extended declines in U.S. stocks and why buying over time makes them far less painful.| Of Dollars And Data
The 4% Rule is just the beginning. Here’s how to spend money in retirement without running out.| Of Dollars And Data
Why losses in individual bonds are only temporary and the challenge of bond funds.| Of Dollars And Data
