How to Retire Decades Early
Let’s cover a basic concept that will shave years—if not decades—off your retirement date.
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
Let’s cover a basic concept that will shave years—if not decades—off your retirement date.
“You have a better chance of improving by getting rid of bad traits rather than acquiring new ones.”
The past four months are a terrific reminder that most of the time, your investment portfolio progresses upward, and does so quietly. The economy is not the market. The news is not the market. If you allow headlines to inform your investment decisions, you’ll quietly lose out on double-digit gains.
Samuel Bolton Jr. was a successful businessman, brewer, politician, and philanthropist in Troy, NY in the late 1800s. Why, then, did Bolton kill himself by diving into a vat of hot beer?
Most good habits don’t have a “set it and forget it” solution. They take work. But investors have it easy. Unless, that is, you’re being a dummy.
Who knows what happens after you die? Not me! Unless, of course, the topic is estate planning and what happens to your finances after you die.
How does the average investor underperform the market by 4% per year? They’re missing the easy money.
How do you Wordle? Fast and furious, or slow and methodical? Financial planning works the same way…but with thousands of dollars on the line!
What’s the secret to beating inflation? It might be sitting right in front of you.
Even the New York Times can get their math dangerously wrong.