How to Achieve an Earlier or More Affluent Retirement
If you want to retire before you originally planned, you want a more affluent retirement lifestyle, or you want to build a buffer against a lower-than expected rate of return, you can increase [...]
Retire by Your Goal Retirement Age
In a previous task, you calculated your retirement nest egg number for three different methodologies and wrote it down in the notes section. You may also have used the MoneySwell Retirement Planner to [...]
How much of an emergency fund should I have?
An emergency fund helps cover unexpected expenses, prepare for a potential loss of income, break the debt cycle, and ensure your investments can reach their full potential. You should fund your emergency fund [...]
Calculate Your Emergency Fund for Independence
To calculate your emergency fund, you need to consider both the purpose of the fund and the expenses you hope it will cover. Review examples of common purposes and expenses below. For expenses, determine [...]
A Six Month Emergency Fund & Beyond
An emergency fund larger than six months of living expenses isn't always essential. However, personality, life circumstances, the purpose of the fund, or other financial goals, may make an emergency fund larger than [...]
Build a Mindset for Financial Independence
Your financial independence mindset should be based on… Defining what “Financial Independence” (FI) means for you Developing a clear picture of why you’re working toward FI Determining your balance between spending for today [...]
Increase Retirement Savings Rate to Extent You Can
Based on the items you already completed in the Growth tier, you should be ready and able to increase your savings rate from the percent you previously set. Use the MoneySwell Cashflow Goals [...]
How to Choose Investments for Retirement
For long-term investing you want to find something that is diversified and has low fees. The Vanguard Total Stock Market ETF (VTI) or Vanguard Total Stock Market Index Fund (VTSAX) both meet that [...]
How to Open Your Account
Once you know the brokerage company you’re going with and the account type you’re going to open, actually opening and funding the account is pretty straightforward - just follow the guidance below. [...]
3 Ways to Calculate Your Retirement Number
In the notes for this task, write down all three of target retirement nest egg numbers based on the methods you previously read about here. This includes:4% Withdrawal RuleIncome Multiplier MethodAnnual Spending MethodThen, add [...]
in Boulder and San Diego.