How Dividends Impact the 4 Percent Safe Withdrawal Rate

How Dividends Impact the 4 Percent Safe Withdrawal Rate

When I first started looking at planning for retirement and following personal finance blogs, I came upon the concepts of early retirement and the 4 percent "safe withdrawal rate." I wondered what this all meant. This safe withdrawal rate, also known as the SWR, comes from the Trinity Study.This study back-tested how much a person could take out from his nest egg and not … [Read more...]

Use Your Tax Refund to Build Wealth

Use Your Tax Refund to Build Wealth

Most financial gurus argue that the best tax refund is the one that's $0, as long as there's no need to make a payment. However, this is not the most common number that most people will see. The average refund for Americans for the 2015 tax year was $3,210.  Needless to say, this is a nice chunk of change.Many Americans will choose to spend this money on frivolities that … [Read more...]

Cash Is King, but Cash Flow Is Even Better

Cash Is King, but Cash Flow Is Even Better

If you've ever read Dave Ramsey's book The Total Money Makeover, you'll quickly recognize his argument that cash is king. Cash can definitely provide many benefits for those who hold it. However, there is definitely something that's even better than cash, and that would be cash flow. What Can Cash Do? Ramsey is right that cash is king. Sometimes, it's possible to save money … [Read more...]

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