Monthly Archives: September 2012

How difficult is it to save for retirement at lower income levels

After reading RB40′s post and several of the responses, I thought I’d see how it could work out on paper. The goal would be to put aside as much as possible without sacrificing income due to current tax laws (circa … Continue reading

Posted in Income or Pay, Income Tax, Retirement Savings | Tagged , , , , , , | 52 Comments

Are your budget projections anything like this

Here’s the latest Congressional Budget Office (CBO) predictions report for years 2012-2022. It’s a rather large document that has a lot of projections and numbers that never seem to end. I believe I fell asleep for at least 20 minutes … Continue reading

Posted in budget, budgeting, financial directive, Income Tax, spending plan, Uncategorized | Tagged , , , | 5 Comments

Anybody else see anything wrong with this picture?

Just wondering what anybody else’s take is on this article? What is written in the article can be summed up in almost a single sentence, so I’ll try. A Florida couple making $112,000/yr is worried that they won’t have enough … Continue reading

Posted in financial directive, Retirement Savings | 4 Comments

Personal challenge … max the 401k

I’ve just bumped my 401k withdrawals to make the maximum pre-tax withdrawal. And I am blessed with employer additional match of 4%/yr, which we were already putting away enough for that as it was. Now I am trying to take … Continue reading

Posted in financial directive, Retirement Savings, spending plan | Tagged , | 16 Comments

Are you ready for inflation?

By now you’ve all heard or read about the the FOMC making the decision to purchase MBS (Mortgage Backed Securities), to the tune of $40B/month until unemployment gets lower, with no predetermined end in sight. Here’s one such article. After … Continue reading

Posted in Uncategorized | Tagged , , , | 7 Comments

Side Effect of Feminist Movement

I’m not trying to be overly political with this post and I happily work with many women, both now and in the past. Heck, my DW is talking about going back to work part time, which I applaud. But is … Continue reading

Posted in Income or Pay, Uncategorized | 8 Comments

Excellent article by GettingARichLife

Want to get rich relatively fast? Here’s an excellent article on doing just that! Update: And here he has a follow-up article on the same subject.

Posted in budget, budgeting, financial directive, Retirement Savings, spending plan | 1 Comment

Save more for retirement …

Great article that Financial Samurai wrote: How To Save More For Retirement . Be forewarned that you may not agree with his thoughts

Posted in budget, budgeting, financial directive, spending plan | Tagged , , , | 4 Comments

Mortgage or not … what is your choice?

Money Reasons (MR) posed an excellent question and quick point of view on his blog here. Now, obviously everyone would like to pay off their mortgage tomorrow however what is your choice for paying down the mortgage? Basically MR’s comment … Continue reading

Posted in Uncategorized | 8 Comments

Joined the Yakezie Alexa challenge

Just joined the Yakezie Alexa challenge. Sadly I’m currently at 13,388,081 ranking. My goal will be to cut that down to 8M by the end of the month, and less than 1M by the end of the year. Update: A … Continue reading

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