When the income stops
Your financial life in one chart The chart below shows a hypothetical lawyer’s lifetime income and expenses, from age 28 through 92. I’ve made a few simple assumptions: income ramps up over a career, you retire at 65, and your expenses in retirement grow only at the pace of inflation. Your Income: Only So Long As You Work The […]
Is Dave Ramsey’s Bad Advice Costing You Millions?
Dave Ramsey built an empire in part by telling people to pay off their homes in fifteen years. It’s become gospel in certain circles. For Dave, it made sense. He was crushed by debt early in his career, nearly lost everything, and swore he’d never be that vulnerable again. That’s understandable. But it’s also probably […]
