Here is Journal Membership 11-03-23! Each week, I maintain a JOURNAL CLUB. After filtering by the articles on the net, I current a number of that impacted my life this week. Be protected and keep nicely!
- The definition of a “good wage” differs tremendously from individual to individual and their distinctive circumstances, akin to their way of life decisions, geographic location, monetary ambitions, and so forth. On the floor, $150,000 is mostly thought of a good revenue because it considerably surpasses the median family revenue; nonetheless, can it’s known as a “good” wage? The Doctor on FIRE discusses the reply to this fascinating query within the article – Is 150k A Good Wage?
- Many people pursuing monetary independence dream of retiring early. However have you ever ever questioned if you happen to’re actually prepared for retirement? Other than financial uncertainties, in accordance with you, what are a number of the challenges you may face throughout early retirement? The Monetary Samurai poses this attention-grabbing query and shares their perspective on the topic by a sequence of private experiences within the submit – Why It is So Arduous To Keep Retired As soon as You Retire Early.
- If you happen to’re taken with buying rental properties, how do you make sure you get a superb deal? Per the Semi-Retired MD, mastering the artwork of negotiation is the important thing to securing higher offers. And to have the ability to achieve this, you have to suppose from the vendor’s perspective. Curious to find out how you might improve your negotiation expertise earlier than shopping for your subsequent funding property? The writer shares extra about it within the article – Understanding The Vendor’s Psychology When Shopping for Rental Properties.
- It isn’t unusual to see many people both not contributing to or not maxing out their 401(ok) accounts. The lack of expertise on the topic is inflicting this underutilization of retirement accounts. On that be aware, The Prudent Plastic Surgeon addresses this information hole to emphasise the significance of contributing to and maxing out one’s 401(ok) to safe a snug retirement within the submit – 5 Causes You Nonetheless Have to Max Out Your 401k.
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Thanks for studying and sharing,
Peter
Disclaimer: The subject introduced on this article is supplied as basic data and for academic functions. It isn’t an alternative choice to skilled recommendation. Accordingly, earlier than taking motion, seek the advice of together with your staff of pros.
