[Editor’s Note: We are currently accepting guest post submissions! Share your knowledge, expertise, successes (and failures) with the WCI Community. Submit your article by December 10, 2020, for Q1 2021 consideration. See our Guest Post Policy for more information.] Today we’re going to address the most common question I see on this blog, in my email inbox, and on forums. ...

Rising health care costs have spurred constantly changing efforts to help Americans afford medical care. One benefit growing in popularity is the flexible spending account (FSA), which goes above and beyond your health insurance policy to help you pay for out-of-pocket medical costs. If your employer offers an FSA, here’s everything you need to know about enrolling in and using the ...

One three-digit number can have a major impact on your life. No, I’m not talking about your weight, nor am I talking about your cholesterol or blood sugar levels. I’m talking about your credit score. If you want to get a loan, whether it’s a credit card or a mortgage, your lender is likely to calculate your credit score and ...

This year has seen a huge shift in white-collar work away from the office and into the home. According to a Gallup poll, the average number of workdays Americans worked remotely per month has more than doubled, from 5.8 in the fall of 2019 to 11.9 in summer 2020. Many are discussing whether or not this could be a permanent ...

T. Boones Pickens was a wealthy man.  If you don’t know who he was, let’s just say he was one of the most successful business magnates during your lifetime.  Starting as a “depression-era baby from tiny Holdenville, Oklahoma”, he became a billionaire by entering the petroleum industry after college and founding what would become Mesa Petroleum, which evolved into a ...

The most popular post I’ve ever written was titled How To Build A Retirement Paycheck, which outlines the details of how we were setting up The Bucket Strategy for retirement.  It seems a lot of you have an interest in the topic, for good reason.  Moving from the Accumulation Phase to the Withdrawal Phase is one of the biggest challenges ...

How we make money: The Simple Dollar is an independent, advertising-supported publisher and comparison service. The Simple Dollar is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products appear. The Simple Dollar does not include all companies or ...

Some people just aren’t cut out for early retirement. IMO, most people would choose to keep working even after they achieve financial independence. Early retirement is unconventional and scary. Why retire if things are going well? Let’s take a look at my friend for example. Jane worked hard for many years. She saved and invested since she was young and ...

The theme for 2018’s International Women’s Day campaign is #BalanceforBetter, “Think equal, build smart, innovate for change”.  It is a time to applaud the progress of women’s achievements around the world. However, even with incredible progress, women face unique circumstances when approaching retirement. Women Live Longer Than Men Because women tend to live longer than men, they likely will have ...

Inflation is one of the most pernicious risks facing retirees. While there are a lot of ways to manage inflation risk, TIPS, or Treasury Inflation Protected Securities, are one of the few investment options that directly hedge against inflation risk. They aren’t perfect, and there are certainly some things to consider when you use them in a portfolio, but they ...

→ Save time. Save paperwork. Save dollars. Esurance ←