I recently had the chance to chat with Todd Tresidder.  If you don’t know the name, don’t worry.  Up until about a year ago, I didn’t either.  But, the short of it is that the guy is retired.  In fact, he retired much earlier than most will.  At the ripe “old” age of 35, he [...]

The following is a guest post from Simon Cunningham who is the editor of LendingMemo.com, a site devoted to heralding the amazingness of peer to peer lending. Imagine it is Monday morning. You just had a great Sunday with your family, doing chores around the house and watching a movie together. But now you are [...]

In my post “Are we Doing Personal Finance Wrong“, I talked a little bit about “Financial Freedom”.  Of all the comments that the post got, that was the one thing that was mentioned most of all.  Which, to me, means it bears some further discussion. Financial freedom, or financial independence, can be defined a little [...]

I’ve been going back and forth with myself over whether I should write a post about how I am withdrawing money from an IRA.  It’s not something that is recommended, and certainly not something that most people who write personal finance blogs talks about.  In fact, it’s somewhat embarrassing that I am doing it at [...]

It used to be that retirement meant never working again and going off to enjoy the sunset on a tropical beach in paradise.  Now, however, retirement has been redefined and many “retired” individuals aren’t really acting like the stereotypical retired person.  Many people are still working after retirement, and some people are even launching into [...]

Thanks to working at my “traditional” job for 11 years that included a dollar for dollar match on my retirement contributions after 5 years of service, I have a nice 6 figure retirement account.  However, I left that job 1.5 years and the money is still just sitting there with my old employer.  The problem?  [...]

Everybody is familiar with the story of Peter Pan, right?  That old tale about the boy who refused to grow up and spent all his time flying around neverland with his friends? Well, you may not realize it, but you probably know a few Peter Pans yourself. I Don’t Want to Grow Up! What makes [...]

Retirement can sometimes be like that one cousin at family gatherings.  The one that nobody likes to talk about.  I think that, like that cousin, it’s easier to put our retirements out of our minds simply because, for many of us, it’s still so far away. We’ve still got 10, 20, 30, or even 40+ [...]

Reverse Mortgages are a bit of a mystery to me.  Being a homeowner, I understand the concept of a mortgage.  I understand that I agree to pay a certain amount each month, based on the terms of my mortgage, to a bank in order to some day, hopefully, own my house.  I get that.  But, [...]

Retirement.  Have you thought about that yet?  Still think you’re too young to deal with that?  Or, just assume that your company 401(k) is enough, so why even worry about anything else?  Let me introduce you to the Roth IRA. IRA is an acronym that stands for (I)ndividual (R)etirement (A)ccount.  The Roth part is named [...]