Blog
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11 Baby Boomers Retiring Statistics That You May Not Know
My parents are in the baby boomers category (born between 1946 and 1964) which make up over 25% of the U.S. population. This age group was the largest generational group in U.S. history (about 77 million) up until the millennial generation recently surpassed them. They have and continue to have a significant impact on the economy. Here are…
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What I Learned From Investing in Real Estate Crowdfunding Platforms
What I Learned From Investing in Real Estate Crowdfunding Platforms Most personal finance sites these days focus on investing mainly in stocks, bonds and index funds. Warren Buffett is a big advocate of index fund investing. If one of the world’s wealthiest individuals says to do it, I’m in. I’ve been investing in Vanguard index funds…
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Top 401k Early Withdrawal Exceptions for 2021 and Beyond
One of the most popular U.S. retirement plans is the 401(k). It seems as if each time I listen to the Dave Ramsey show, there’s usually a caller asking the question, “Should I use my retirement money to pay off debt?” There are consequences to doing this but also several 401K early withdrawal exceptions that you…
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The Hedonic Treadmill – Why Stuff Won’t Make You Happier
Recently I came across the idea of the Hedonic Treadmill in the fantastic book, The Happiness Curve: Why Life Gets Better AFTER 50 by Jonathan Rauch. This wasn’t a phrase that I’d heard of before but have experienced numerous times in my life. I occasionally get ideas for topics to write on through other personal finance blogs for…
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How To Live Frugally and Pay Off Debt From 6 Finance Bloggers
A long time ago in a galaxy far, far away. Sorry. You caught me reminiscing when I used to be a lowly dental student. Back then I didn’t give much thought about how to live frugally and pay off debt. Heck, I was going to be a dentist, make tons of money and live happily…
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Medishare Review – How I Saved $1116 a Month
Medishare Review – How I Saved $1116 a Month Are you tired of paying too much for health insurance? I was too & decided to do something about it. So in January, when our monthly bill (family of 4) jumped from $480/month to a whopping $1596/month, I knew a change was needed. I had heard…
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Truett Cathy: 9 Interesting Facts About The Chick fil-A Founder
Which fast food restaurant is known for their top-notch customer service? If you guessed Chick fil-A, you’d be correct (IMHO). Samuel Truett Cathy, founder of Chick fil-A, was one of the world’s wealthiest people at that time of his death in 2014 (age 93) but his story is what makes him so great. “We change…
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3 Shocking Reasons Why There’s a Baby Boomers Retirement Crisis
I recently surprised my wife with a tennis birthday trip to Key Biscayune, FL. While relaxing by the pool, I read an article from the Wall Street Journal titled, “Time Bomb Looms for Aging America” which opened my eyes to the baby boomers retirement crisis my parents generation are facing. (Before you chastise me, I…
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7 Secrets You May Not Know about the Top One Percent
Who Are The One Percent? What about the One Percenter income? We typically here the term “one percenter” tossed around rather loosely in the news these days. So, who exactly is a “One Percenter?” We know for a fact that those that fall into this category own the majority of the world’s money. I don’t…
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Secrets Of The Millionaire Mind Book Summary
Secrets of the millionaire mind book summary: When it comes to becoming a millionaire, most think about how to make money. In the book, Secrets of the Millionaire Mind, author T. Harv Eker discusses in detail what we must do FIRST if we ever want to become wealthy & it all has to do with…
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How Much Do You Need To Retire?
How much money do docs need to retire on? Well… it depends on many factors. When I first posted this question back in March 2018 on the DentalTown.com forum; I had no idea it would attract so many eyeballs (over 7000 views as of this writing!) Before we discuss the details, let’s highlight a few fun facts…
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How To Become an Automatic Millionaire
Do you REALLY know how the stock market works? Most people don’t. If you want to become an Automatic Millionaire, you must learn the basics when to buy and when to REALLY buy investments. Here’s a crash course for you… A few years ago I insisted on taking over control of my parents finances. I…
