Resources for 50 And Over
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Hi, I'm Susan. I've started this blog to share my journey to FI (financial independence) with anyone in the same boat as me. Everything I share on this site is something I've done or have to do to run my blog business or manage my portfolio.
My goal is to share everything I learn in hopes of helping someone else who comes after me. I almost didn't start this blog because..
Resources for 50 And Over
10M ago
Saving for retirement is challenging when you’re young but even harder when you’re 50 or older. Some of us are making great incomes at 50, but I’m NOT. I’m not the only one, so here’s how I save. Why The Old Advice Doesn’t Work for Us? We’ve all heard the saying, “Pay yourself 10% of ... Read more ..read more
Resources for 50 And Over
10M ago
I’ve been watching several videos, listening to podcasts, and reading financial books about retirement. I’m only 50, but I’m closer to retirement than my twenties. I’ve been setting goals and developing a plan to save enough money to retire comfortably. 500k in your 401k may seem like a dream, especially if you’re starting from scratch ... Read more ..read more
Resources for 50 And Over
1y ago
We live in an instant gratification society. When we want things, we want them now, so instead of delaying our gratification, we pull out a credit card or borrow money to buy what we want. So what does it mean to sacrifice now for your financial future? What Does It Mean To Sacrifice Now? Sacrificing ... Read more ..read more
Resources for 50 And Over
1y ago
The other day, I was on Facebook and noticed an article on why so many people were behind on retirement. As I started reading the article, I noticed several comments from people blaming the president, the economy, etc., for their situation. So why do we find it so easy to blame others for our faults? ... Read more ..read more
Resources for 50 And Over
1y ago
Two months ago, we wrote a check and paid cash for a new-to-us vehicle. It was one of the most exciting days of my life. Why? Well, we bought a newer and more reliable vehicle, and we’re not stuck with monthly car payments. It was a win-win situation for us and the seller. I can’t ... Read more ..read more
Resources for 50 And Over
1y ago
I started getting serious about saving for retirement two years ago, at age 48. At 50 years old, I funded my 401k and realized I am way behind my retirement savings, according to statistics. At 50 years old, I should have six times my salary saved for retirement. Unfortunately, I’m nowhere near that, so I’m ... Read more ..read more
Resources for 50 And Over
1y ago
Being behind on retirement sucks; if that’s you, you’re not alone. Me and about 55% of Americans say they are behind on retirement. It’s so easy to put your head in the sand and ignore it because that’s what I’ve done in the past. However, nothing is going to change until you take action. So, ... Read more ..read more
Resources for 50 And Over
1y ago
If you’re like me, you may not know about all the different retirement vehicles and which ones you can have. Since I turned 50 last year, I’ve been learning as much as I can about all the different types of savings I can use to save as much as possible for retirement. Here’s what I’ve ... Read more ..read more
Resources for 50 And Over
1y ago
My Lowe’s 401k contributions have started, and I’m excited. I’m only contributing 6% per pay period, but now I have two 401k plans when I didn’t have any last year. So, I wanted to share my experience contributing to Lowe’s 401k plan. Remember, I’m NOT a financial advisor, and I’m only sharing what I’m personally ... Read more ..read more
Resources for 50 And Over
1y ago
It’s finally payday at Lowe’s and my first official payday as a Lowe’s employee. But, unlike most people, I’m NOT just spending my money on anything. In fact, the only reason I am working at Lowe’s is to catch up with my retirement. So, I wanted to share how I am spending my first Lowe’s ... Read more ..read more