Most people don’t track their expenses, emergency fund, debts, investments, retirement plan or overall net-worth. And of those who do track one or all of those recommended personal finance markers, everyone has their own method for tracking them. Some use homemade excel spreadsheets, some use the classic pen and paper along with a collection of hundreds of receipts, some use individual apps to track each marker separately or some just let someone else deal with it completely. Personal Capital Personal Capital is a FREE, financial planning and wealth management app that is downloadable for any phone. The beauty of this app is its ability to create a one stop shop…
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When can I retire: The 4% Rule
I commonly see many people overvaluing their retirement number or honestly, and more commonly, not having even a ball park idea of where their retirement number really is. I get it, as a 20, 30, or even 40 year old worker, retirement is so distant why even worry about it. Go to work, eat, sleep, repeat. Maybe mix in a drink or 10 to deal with the stress and monotony of this routine. It’s hard, and living in the moment is easier than facing this far fetched concept that is retirement. However, this number may be much closer than you think and calculating your number might motivate you to make…
