Visit AboundWealth.com
Once you enter retirement, you may not spend as much as you did while you were working. Even if you spend the same amount as you did while working, you would not need to replace 100% of your pre-retirement income, as you no longer need to save for retirement (and...
Target date retirement funds, in particular target date index funds, can be a great set-it-and-forget-it investment option for younger investors or those who have yet to reach a critical mass where a more personalized portfolio makes sense. Target date funds have...
Inflation has been on everyone’s mind recently, whether you’re in the financial world or not. The consumer price index (CPI) is up 7.9% over the last year, the highest annual rate since July 1981. All major components of CPI have increased year-over-year; food at...
If you are trying to buy your first home right now, you are probably not having a great time. Mortgage rates are low, but buying a home has rarely been more difficult, especially for first-time buyers. Low inventory and high demand has caused home prices to...
Over the last year, as inflation has continued to soar and interest rates have remained near zero, alternatives to traditional savings accounts have become more popular. Alternatives include investing in stocks or bonds, I bonds, and cryptocurrency “savings...
The S&P 500 had a very good year last year, and not just for returns, but for volatility. The total return of the index last year was 28.83%, and the largest decline from peak to bottom was just 5.2%. That is exceptionally good - the average intra-year drawdown...
