Category: Retirement
I am a CPA Candidate sharing my experience building my portfolio while in my 20s. During this process of sharing information online I hope to increase free financial literacy access for all.
-
How to Start an Income Portfolio with 100K
Building an income portfolio that you can reliably live off takes time and can be a financial strategy if you want to live off your portfolio distributions. By carefully selecting dividend stocks and other income-generating assets, you can create a reliable income stream. This approach can potentially turn your initial capital into a source of…
-
Roth vs. Traditional IRA: Which is Right for Your Portfolio
When it comes to retirement planning, IRAs (Individual Retirement Accounts) are some of the most powerful tools at your disposal. But not all IRAs are created equal. The choice between a Roth IRA and a Traditional IRA isn’t just a financial decision—it’s a bet on your future circumstances, tax bracket, and retirement strategy. In this…
-
Dividend Portfolio: 20 Year Dividend Income Calculator
20 Year Dividend Income Calculator 20 Year Dividend Income Calculator Principal Investment ($): Average Dividend Yield (%): Average Dividend Growth Rate (%): Reinvest Dividends Calculate Year Starting Investment ($) Dividend ($) How the Dividend Income Calculator Works Our Dividend Income Calculator is a powerful tool designed to help investors project their future dividends over the…
-
I Just Graduated College, How Do I Build Wealth?
Congratulations on graduating from college! Stepping out into the world can feel overwhelming, but it’s also a great time to start thinking about achieving your goals in life and how to build wealth to achieve those goals, after all money is only a tool for you to live the life you want to live. Thankfully,…
-
How Do Target Date Retirement Funds Work?
Target date retirement funds are designed to simplify your portfolio savings by automatically adjusting your investment mix as you approach retirement age. These funds typically start with a higher allocation to stocks and gradually shift towards more conservative investments like bonds and cash equivalents. This automatic adjustment helps manage risk and aligns with your changing…
-
What is Dividend Investing and Does Your Portfolio Need It?
Dividend investing is a popular strategy where investors buy stocks that return capital back to investors. Dividends are regular profit-sharing payments made by companies to their shareholders. Dividend investing can provide a steady stream of income, making it appealing for investors looking to live off their portfolio of investments. You might wonder why companies pay…
-
How to Grow Your Emergency Fund to 18-24 Months for Retirement?
As you approach retirement, ensuring financial security becomes crucial. One way to achieve this is by reassessing the size of your emergency fund from 3-6 months of expenses to 18-24 months. This larger cushion can help you manage unexpected costs without dipping into your retirement accounts prematurely. Retirement can bring about various uncertainties, including fluctuations…
-
What is Sequence of Returns Risk and How to Mitigate it in Your Portfolio?
If you intend to use money in your portfolio to buy a home, afford a wedding, or maybe you are getting ready for retirement, one financial concept you need to be acquainted with is sequence of returns risk. This term refers to the uncertainty and potential impact that the order of investment returns can have…