Create Your Own Retirement Vision

Unfortunately, most folks never do this. If you are worried about retirement, chances are you have no vision of what it is you really want. If you don’t have a clear vision of where you are going, it’s due to one of two reasons: you don’t care, or no one has taught you how to … (Read more)

Why Compound Interest Doesn’t Work

Albert Einstein said that compound interest is the 8th wonder of the world. It works bestuninterrupted and over time. When money is put aside and left untouched to collect interest year after year, the result is nearly miraculous. The reason compounding interest doesn’t work for so many Americans is they fail to save any substantial … (Read more)

Opportunity Cost and Compounding Interest

Opportunity cost has been given little to no attention in retirement planning circles. This is unfortunate because it’s a real thing that can cost you dearly. It is crucial that you understand opportunity cost. Once you do, it will totally transform the way you handle your major capital purchases. The way you spend your money is as equally important … (Read more)

What’s the safest way to pay off your mortgage early?

I recently read a friend’s Facebook post on the topic of paying one’s mortgage off early. His post on his FB page is below: ”I’ve heard alot of young people trying to pay down their mortgage asap. Typical advice is to only do this if you don’t think you can earn interest higher than your … (Read more)