Author Short Essays

Category: Financial Independence

Living Far Below

Living Far Below The only way for you to provide for your later years is to live below your means. If you want to have any hope of achieving financial independence you must live far, far below your means. This is not a difficult concept to understand. Although it is

Retirement Income

Retirement Income Most people will have to replace 70-90% of their current income at retirement age. Many will want to replace 100% of their pre-retirement income. Because we are living longer and healthier lives, we can expect to live 20 plus years after retirement and to be more active at

Bank Interest vs. Mutual Fund Growth

Bank Interest vs. Mutual Fund Growth The following chart shows the annual return on an investment in five-year increments. If you were to begin saving now, an amount of $100 per month, the following chart details your possible investment return showing a variety of percentages and years.   Annual Return