This article takes a long hard look at these three “facts” about Social Security filing age and shows the real math behind them. All three are only true to a point – and as you’re planning your Social Security filing age, you should understand the real truth behind these three items. First, let’s look at the concept of delay. You ...

What if you wake up one day and realize you really want to retire early? Nay – you need to retire early. Your job is slowly killing you and you can’t take it much longer. Okay, that was me in 2010, but you get my drift. If you’re married, then your next step would be to announce the early retirement ...

Podcast #182 Show Notes: Stock Market and Elections What general market trends do we see during presidential election seasons? What usually happens if a Republican president wins a second term? What usually happens if a Republican president were to lose to a Democrat? If the office were to change hands, what is the usual market trend during the lame-duck period ...

We all know that we ought to be paying ourselves first — by building a healthy emergency fund, investing in our retirement accounts, and saving for important future purchases. However, it can feel like paying ourselves first will end up shortchanging our other financial obligations. How can you pay yourself first when you barely have enough money to make it ...

If you’ve ever heard that credit applications “ding” your credit score, then you understand that the very act of applying for a loan or credit card can hurt your credit. But how much does it hurt? How long do these “dings” stay on your credit report? And what’s the difference between hard credit inquiries and soft inquiries, when it comes ...

We all start somewhere. I remember the day I had $1,000 and thought it would be a good idea to invest it in the stock market. I had a 401(k) and a Roth IRA, so I was familiar with the mechanics of the stock market, mutual funds and index funds, and how everything fit together. I stayed away from the ...

The most important thing about investing is starting early. I want to show you something… That Rollover IRA at Vanguard contains every employer-sponsored 401(k) I’ve contributed into. It’s subjected to the same annual contribution limits as any other 401(k) plan, so I have no special advantage outside of just saving a lot. And early. I don’t have my historical contributions ...

Robinhood is a popular stock trading app that charges absolutely no commissions. You can read our full review of Robinhood to get a better idea of what they do. They recently raised $110 million at a $1.3 billion valuation and are looking to blowing the doors off their promotional efforts. They’ve started rolling out different promotions for referring new accounts ...

Many years ago, companies that promised free stock trades were living on borrowed time. High volume traders plus no commissions meant bankruptcy for the likes of Zecco (eventually acquired by TradeKing, which was itself acquired by Ally Bank). But Robinhood has shown us that a brokerage offering free trades can work. So much so that they’ve been joined by most ...

Welcome to The MapleMoney Show, the podcast that helps Canadians improve their personal finances to create lasting financial freedom. I’m your host, Tom Drake, the founder of MapleMoney, where I’ve been writing about all things related to personal finance since 2009. Most investors see bonds as a safe place to put their money, but according to my guest this week, ...

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