100 Words On: When Financial Perfection Is the Enemy of Good

When it comes to matters of personal finance, trying to find the optimal solution can be counterproductive simply because many decisions don’t require extensive research. One of the best examples of this is when comparison shopping for a certain product

100 Words On: Why Frugality Has Its Limits

The main benefit of frugality and saving is they’re good habits that lay a strong personal finance foundation. That being said, the frugal lifestyle definitely has its limits. Although scrimping and cutting corners can result in significant savings, at some

Retire on 70% of Your Income? It Might Be Tough

You may have seen this rule of retirement planning in numerous articles: “Save enough to live on 70% of your income.” A significant number of financial planners and respected retirement experts use this benchmark, too, but is it accurate? After

Will Baby Boomers Bankrupt Social Security?

Baby Boomers are that huge demographic that came of age in the 1960s and 1970s. Totaling 76 million, Baby Boomers were born between 1946 and 1964. This vast cohort began to reach age 62 in 2008. By 2031, the youngest

Your Chance of a Tax Audit Is the Lowest in Years

Even the thought of a tax audit can cause panic and anxiety. The correspondence audit, the mildest form of the Internal Revenue Service (IRS) procedure, is one in which a few tax records are questioned by the IRS and a

%d bloggers like this: