The short answer to that question is zero, because I don’t have a pension… however, my wife does. She completed 20 years of military service in March, but continues to work (for now). Earlier this month, I asked the question “Should You Include Your Pension in Your Net Worth?” and found that opinions were generally […]| Lazy Man and Money
In late March my wife reached 20 years of military service. This qualifies her for a pension of half of her basic pay. As she continues to work, the pension has the potential to rise exponentially. Pensions are very rare nowadays. It seems like almost all companies have stopped offering them. Often companies have difficulties […]| Lazy Man and Money
It’s been a few years since I updated my assumptions of our three rental properties – all condos. I’ve been going off the estimates that I created back then. In some ways these estimates are accurate. The insurance and property taxes don’t change much. In other ways, they aren’t accurate – condo fees continual climb […]| Lazy Man and Money
A Roth IRA for your kids is an incredible savings tool. With decades of compound interest a little money can grow into a lot of money.| Lazy Man and Money
A Kid Roth IRA can be worth hundreds of thousands of dollars thanks to the power of compound interest. Here's how to get one.| Kid Wealth
If you’re a reader of Lazy Man and Money, there’s a good chance you are in a good financial place. Like Snoop Dogg, you have “your mind on your money and your money on your mind.” Otherwise, you would be reading something else. I have followed dozens and dozens of personal finance bloggers over the […]| Lazy Man and Money
I used to think that money and wealth were the same thing. That was a long, long time ago when I started this blog. Now I know better. When I think of money, I think of a currency that can be measured. For example, a person may say they have a net worth of $100,000 […]| Lazy Man and Money