The Myth of the 4 Percent Withdrawal Rule

The Myth of the 4 Percent Withdrawal Rule

For decades, the 4 Percent Withdrawal Rule has been heralded as the golden rule of retirement planning. Popularized by financial planner William Bengen in 1994, this rule suggests that retirees can safely withdraw 4 percent of their portfolio annually, adjusted for...
How to Pay Off Debt and Achieve Financial Freedom

How to Pay Off Debt and Achieve Financial Freedom

In today’s fast-paced world, achieving financial freedom is a goal shared by many. One significant hurdle on this path is debt. Whether it’s from student loans, credit cards, or other financial obligations, being in debt can be a major roadblock to...
Should You Gift your Kids your House to Avoid Taxes

Should You Gift your Kids your House to Avoid Taxes

As I mentioned yesterday this is a complicated issue with multiple factors. While your parents CAN gift you the house, there are both advantages and disadvantages to doing this so you will just have to weigh each of these to determine what makes the most sense for...