You Have $4 Million in Retirement Savings: Here’s How Much You Could Withdraw Every Year
Image source: Getty Images Imagine you’ve finally hit your retirement goal and have a cool $4 million saved. Exciting, right? But now you’re probably wondering how much you can actually pull from that stash every month without running out of cash. Like most things in personal finance, there’s no cut-and-dry answer. How much you can […]
Don’t Set Foot in Costco Without This in Your Wallet
Image source: The Motley Fool/Unsplash Costco is different from just about any other store. When you’re a new member, you may not know about all the quirks of shopping there. For the most part, you can learn as you go, but there’s an important rule every Costco member should know. While most stores accept all […]
5 Reasons I Regret Waiting So Long to Open a Rewards Card
Image source: Getty Images For years, opening a rewards credit card felt like something other people did — people who have “financial goals” and use words like “mileage redemption” in casual conversation. Meanwhile, I was over here swiping my debit card like it was doing me any favors. Spoiler alert: it wasn’t. Fast forward to […]
7 Great Products You’ll Only Find at Sam’s Club
Image source: Getty Images At first impression, it can seem kind of ridiculous to pay a store to let you shop there. I mean, aren’t we the ones doing them the favor by giving them our money? But once you join Sam’s Club and start shopping, you can really start to see the savings add […]
3 Reasons Charge Cards Are Better Than Credit Cards
Image source: Getty Images With most credit cards, you’re free to carry a balance from month to month. It’s usually not the best idea, as credit cards have high interest rates. But you have the option if you want. Charge cards work differently. These are a type of credit card that are designed to be […]
3 Incredible Items You Can Only Buy at Costco
Image source: Upsplash/The Motley Fool By investing in a Costco membership, you can shop members-only deals. Many shoppers keep more money in their checking accounts by shopping at their local club and Costco.com. Some of the products the warehouse club sells can be purchased at other retailers. But there are also some exclusive finds that […]
5 Money Moves You Have to Make Before 2024 Ends
Image source: Getty Images As we rapidly approach the end of the year, it can be tempting to take your focus off your finances and bask in the comfort of the holidays instead. But there are steps you can, and should, take before the year is out if you want to start off strong in […]
1 Retirement Savings Hack That Has Created Many Millionaires and Will Continue to Make More
When you imagine yourself in retirement, what do you picture? A lifestyle where you’re pinching pennies or one where you have enough money to do all of the things you’ve always wanted? Hopefully, you’re in a place where you’re able to picture the latter scenario. But the ticket to being able to retire comfortably is […]
You Have $3 Million in Retirement Savings: Here’s How Much You Could Withdraw Every Year
Image source: Getty Images If you’ve built up a $3 million nest egg, congratulations. That’s almost 35 times what the average American has in their retirement accounts. It takes dedication to build up a fund of that size. The great news is that, depending on your situation, you should safely be able to withdraw around […]
5 Tips to Ease Into Bulk Buying at Costco
Image source: Upsplash/The Motley Fool With the talk of tariffs in the air and a fear of inflation soaring once again, I made a decision recently to start shopping at Costco in a more serious way. No more just popping in for snacks and big purchases. I’m going to leverage my Costco membership to truly […]
