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Tag Archives | financial independence

Play Wisely With FIRE Movement

“What do you think of the FIRE movement?” a reporter asked me recently. I told her I was ambivalent about it. The FIRE acronym in this context stands for “Financial Independence, Retire Early.” While a Harris poll done in late 2018 found most people over 45 had never heard of the FIRE movement, it apparently […]

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Money Realities for New Adults: Toothpaste and Toilet Paper

The daughter of one of my clients left home right after high school graduation for a full-time job and part-time college classes. As she was settling into her first apartment, she told her mother, “I never thought I’d be the person who had to buy things like toilet paper and toothpaste.” She had discovered one […]

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Are One in Five Americans the “New Rich”? Not Exactly.

The surest road to financial success and independence is a long one. That path includes working hard at a career you enjoy, living on less than you earn, taking educated and appropriate risks, and building wealth gradually through diversified investing. I know many people who have followed this route successfully. Their achievement—what has long been […]

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