Overcoming Challenges Millennials have been dealt a rough hand. We face an unstable job security, a sluggish economy, crippling student debt, high housing prices, and record low bond yields. This all makes it tough to retire rich without taking on at least some form of risk. The good news is that we don’t need to make a ton… Read More »
What should your net worth be? Author Thomas J. Stanley, first published his Wealth Equation in the book, Marketing to the Affluent. He states that your household’s net worth should equal 10% of the age of the primary breadwinner times your household’s annual realized income. So your expected net worth = (Age)x(0.1)x(Income) If you are in the Balance… Read More »
A rough start to the new year January was such a bizarre month for world news. Bushfires scorched Australia. The U.S. assassinated a general in Iran nearly starting a war. Then out of nowhere Iran shot down a passenger plane full of civilians. Firefighters in France set themselves on fire and fought the police. Britain officially left the… Read More »