How much money does it take to be wealthy? As I’ve pointed out in previous columns, this is basically an unanswerable question. It depends on too many variables, such as social norms, personal circumstances, accounting methods, lifestyle, and financial...
Watch this video on YouTube “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...
A post by Ann Carrins and Ron Lieber on the New York Times “Bucks” blog references my recent article regarding the fallacy of Dave Ramsey’s assertion that anyone can earn 12% annually by putting all their funds in “good growth mutual...