— 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.

— 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.

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

4 Steps to Financial Independence & Early Retirement

Financial independence occurs when your savings is enough to support your expenses and work is completely optional. Here are four essential steps to reaching financial independence and having the option to quit your job for good.Continue Reading »

— Filed under Financial Independence / Early Retirement, Financial Tips —

How to Retire 25 Years Early

My goal is to retire by the time I’m 39 years old which is just 9 years away. In a world of expensive new cars, giant houses, and Starbucks lattes, this sounds insane to most people. But it’s completely possible to have enough money to retire 10-15 years from today if you get your spending habits under control and increase your savings rate. Here’s how.