Gustavo Frazao / Shutterstock.com Editor’s Note: This story originally appeared on NewRetirement. We are supposedly in the midst of the “Great Resignation.” Record numbers of Americans are quitting their jobs. Some are retiring. Most are seeking a better gig. And employers are responding with higher salaries and better benefits. Retirement savings plans like 401(k)s are […]
Category Archives: How to Build wealth
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MAYA LAB / Shutterstock.com While it would’ve been nice to make big investments in Apple or Amazon stock 20 years ago, most of us rely on a variety of income sources in retirement. A recent Census Bureau analysis breaks down exactly how households led by people age 65 or older pay for their golden years, […]
Monkey Business Images / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder. Who even knows what “retired” means anymore? You might have left the career you had in the 40-hour-a-week workforce. But now you don’t exactly want to be glued to your couch watching puppy videos. You want to be active, you […]
There are a few core principles that are universal. The sun rises in the east and sets in the west. The speed of light in a vacuum is 299,792,458 meters per second. To create wealth, you must earn more, save more, and invest with intelligence. If you’re reading this article, it’s because you have a […]
Passive income sounds like a dream come true — earning money without any active effort. The reality is that there’s no such thing as 100% passive income. This type of income stream can better be described as frontloaded work: You have to put in time, effort, and (usually) money first to collect those passive returns. […]
Ruslan Guzov / Shutterstock.com Editor’s Note: This story originally appeared on NewRetirement. You might be surprised by the facts of being an entrepreneur after 50! Financial success later in life is far more common than you might think. Can you guess which of the following statements are fact and which are fiction?
Image Point Fr / Shutterstock.com Editor’s Note: This story originally appeared on NewRetirement. Recently on the NewRetirement Facebook discussion group, someone suggested that retirees ought to help their own financial well-being as well as businesses’ by going back to work. Bruce wrote, “I wish a lot of retirees would consider going back to work part-time […]
Friends Stock / Shutterstock.com The COVID-19 pandemic has led many workers to rethink their priorities and their jobs. They may be looking for more flexible work arrangements, a better work-life balance or increased pay. Glassdoor’s Best Jobs for 2022 analyzed occupation data to find the best choices for those who want to upgrade their employment […]
Let’s take a look at the nomadic Rich Life of IWT employee Jonathan and his partner, Lucy. We’ll cover everything: How and why Jonathan and Lucy decided to live a nomadic life, their camper van build details, the ACTUAL costs involved in living on the road, a few of their Rich Life moments, and more. […]
Chaay_Tee / Shutterstock.com The Great Resignation remains in full force, with 4.3 million workers quitting their jobs in December, according to the latest data from the U.S. Labor Department. Statistics show that older workers make up a surprising number of those who have left their jobs during the coronavirus pandemic. Overall, among workers ages 55 […]