Today Erin in Seattle asks us how to handle her retirement contributions when self-employed. Lucky for her, there are retirement accounts just for self employed individuals.
Investing can be very intimidating to get started. While it is not a good idea for the typical investor to buy individual stocks, mutual funds and index funds are a great way to buy into the market for instant diversity at a low cost.
Thanks to listener Erin for asking our first audio question for episode two of the Personal Profitability Podcast. She asks if she should pay off her student loans first before she starts saving for retirement.
Have you ever taken a look at your 401(k) plan and thought to yourself, “These options are terrible. The historical rate of return is low and the fees seem higher than normal.” Typically, those of us that say this just shrug our shoulders in defeat and sign up for the funds that look the best to […]
When I started my new job in September, I had the option to sign up for either a Preferred Provider Organization (PPO) or High Deductible Health Plan (HDHP). I have always used a PPO in the past, so moving to an HDHP wasn’t something I was excited about. However, when I ran the numbers, I […]
Happy turkey month everyone! I hope you had a fun Halloween and are charging into the new month full steam. I have some personal financial news to share and want to give you guys a preview of a new project I’m cooking up. What’s Eric Up To Nearly a year ago, I packed up and […]