Finance Xpress

Halloween isn’t just about ghosts, ghouls, and overpriced costumes that disintegrate after one use. For financially aware adults, the real chills come from spreadsheets, surprise bills, and market meltdowns that turn your net worth chart into a horror movie graph. After over three decades of studying, working through, and writing about financial ups and downs, […]

The post The 8 Scariest Financial Situations You Can Find Yourself In appeared first on Financial Samurai.

Despite finally having the permission to live it up in retirement, I still find it hard to spend money on things I don’t truly need. A big part of building wealth has always been about endurance and suffering. The more we can withstand—long hours, delayed gratification, and the occasional investment blowup—the greater our odds of […]

The post How to Endure Suffering to Build Greater Wealth and Resilience appeared first on Financial Samurai.

A poor millionaire sounds like an oxymoron, but they definitely exist. Roughly 6% of U.S. households are millionaires, yet many of them still don’t feel rich. A poor millionaire is someone worth over $1 million but unable to access much of their wealth. In other words, their net worth is highly illiquid. A layoff, bear market, or […]

The post Poor Versus Rich Millionaires: Liquidity Is The Difference appeared first on Financial Samurai.

If healthcare in America weren’t so egregiously expensive, more people would retire earlier and live better, happier lives. We’re one of the few countries in the world where affordable healthcare is tied to employment, making financial independence that much harder to achieve. Given the high cost of coverage, before you decide to retire early by […]

The post Millionaire Early Retirees Probably Shouldn’t Get Healthcare Subsidies appeared first on Financial Samurai.

S&One of the key conclusions from doing a deep-dive analysis of my IRA with Empower, is that I should be able to live it up more in retirement. In fact, we should all be able to live it up more in retirement based on a higher recommended safe withdrawal rate by Bill Bengen, one of America's […]

The post Permission To Live It Up In Retirement Granted: The New 5% SWR appeared first on Financial Samurai.

After doing my first free Empower financial professional review back in 2013, I decided to do another investment portfolio review with them. Given the portfolio review is free for anyone with over $100,000 in investable assets, and my financial situation has changed so dramatically since then, I figured, why not spend a little time to uncover […]

The post How Empower’s Free Financial Review Helped Me Rethink Retirement appeared first on Financial Samurai.

If time is truly more precious than money, then spending money to buy back your time is the wisest trade of all. Here's an example of overcoming my frugality to live a better life. Perhaps one of the main reasons I initially didn’t want to go on a family vacation to LegoLand and SeaWorld was […]

The post Spending Money to Save Time Is the Best Use of Funds appeared first on Financial Samurai.