— Filed under Financial Independence / Early Retirement, Financial Tips, Investing, Save Money

How Your Financial Advisor’s “Small” Fees are Costing You a Huge Portion of Your Life Savings and Future Retirement

Investing can be intimidating, so it might seem like using a financial advisor or a wealth management firm like Edward Jones or Merrill Lynch is your only option. What these advisors probably won’t tell you is that the fees they charge will end up costing you a huge portion of your life savings (around 25-30%) and will essentially halve the amount of money you can live on in retirement.

Think your financial advisor's fee of 1-2% is small? Here's how that little fee is taking a huge chunk of your savings and future retirement.Continue Reading »

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— Filed under Financial Independence / Early Retirement, Financial Tips, Investing, Save Money

Where to Stash Your Cash to Maximize Your Savings

How much savings you can accumulate is one of the biggest factors to achieving financial independence. But where do you keep your savings to get the best bang for your buck? Keeping everything in a regular savings account that barely earns any interest will add years to your journey of achieving your financial goals. I’ll share where we stash our cash to maximize our savings and get to financial independence sooner.

Where to keep your money to maximize your savingsContinue Reading »

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