Posts Tagged ‘Retirement’

Aside from the big dip on October 19th, this was another good month for the stock market. The S&P 500 index rose +1.48% from 1,526.75 to 1,549.38 — again, the Fed cuts rates by another quarter point. After I entered all my information into NetworthIQ, the result was +1.75% net worth improvement. My liquid assets [...]

In the previous lesson with my wife, I taught her about various investment vehicles available at our disposal. This time we discussed choosing the right tool for the job; that is, choosing the best investment option available for various savings goals.

Photo from morgueFile
Common Savings Goals
First, we reviewed some of the more common savings goals. I [...]

Wow, another week has passed. Time sure fly fast. This is another good week for Moolanomy because the blog now has more than 300 feed subscribers. Moreover, two other members of the M-Network also reached the same 300 milestone recently: Being Frugal and I’ve Paid for This Twice Already…
For this week roundup, [...]

This is another great week for Moolanomy and the M-Network. The network made an exciting, as well as a sad change — we welcomed MyTwoDollars into the family, and said farewell to Financial Dominance. This edition is inspired by Skelliewag’s 19 Strategies to Help Turn New Visitors Into Loyal Readers. This edition will be fully [...]

September was a good month for the stock market. The S&P 500 index rose +3.58% from 1,473.99 to 1,526.75 — thanks to the boost from Federal Reserve interest rate cut by half a point on the 18th. However, consider that the U.S. Dollar lost about -2.26% against the global currencies [1], most Americans [...]

My wife pregnancy is coming along well, except for occasional all-over-the-body-ache. While I was giving her a massage last night, I was able to go over another financial lesson with her. The second lesson was focused mainly on financial goals.

Photo from Wikimedia Commons
Types of Financial Goals
There are many types of financial goals:

Pay off [...]

There are a lot of sites that help you determine how much you need to save for retirement to maintain your lifestyle. I have never been comfortable with them because they usually don’t share the logic behind their calculation. So I came up with the following 3 easy steps to calculate my own [...]

Thanks to the positive stock market close on the 31st, August was not as bad as anticipated. Last month, I started using NetworthIQ to track my net worth. After I entered all my information, the result was +0.19% net worth. My liquid assets went up by +2.71% from 21.74% to 22.33% of [...]

This week roundup will focus on the subject of retirement. Something I look forward to hopefully sooner rather than later. The way I see it is that you can truly retire until you achieve financial independence; and that is what I want.
Financial Dominance wrote What Do I Need to Retire? and share with [...]

As you may already know, our Social Security system is in crisis. Even if it is not, the money you get from Social Security may not be enough for your retirement. Many people do not place retirement planning as a high priority subject. This is especially true when life is hard right [...]