One of the main benefits of a Roth IRA is that it allows you to earn compound interest on your savings, which can significantly increase the amount of money you have available in retirement.
Once you save $1,000 the next goal is going to be to grow it. The interesting thing about a thousand dollars is that it’s kind of a weird number like it’s either the starting point of you growing your savings to five thousand, ten thousand, or…
Imagine for a second that you earned one million dollars, that’s great right? The problem though is if that money is being taxed as ordinary income, it means you’re paying up to 37% or about $370,000 of that one million dollars in taxes.1 response
In this article, we’ll be covering what major money milestones you should aim to accomplish in your 20s. The idea for this article came after a friend of mine wanted to know what else she needed to get done in her 20s to achieve financial freedom.
In this article, I want to talk about one of my favorite topics which is dividend stocks, according to Naval Ravikant, one of the greatest assets that you can have to become wealthy is to actually have assets that earn you money while you sleep, and that is dividend stocks.2 responses
If you’re someone that’s new to investing that just wants a solid investing strategy that’s mathematically proven to outperform the market over a long period of time, then this strategy which is the three-fund portfolio is the strategy for you.1 response