Personal Finance
Better Finances for a Better You
Topic: "FIRE (Financial Independence, Retire Early)"
← Curating the web to find the most interesting and helpful
information about your money.
Did you know?
The average retirement age in the U.S. is between 64 and 66 years, and Canada has a similar average of around 65.
The Average Retirement Age in 2024: US vs. Canada →Infographic of the week
How Far $1 Million Gets You in Retirement, by U.S State
Becoming a millionaire has long been a dream for people worldwide. In most cases, the million-dollar mark is seen as a symbol of financial success and prosperity. However, with the rising costs of housing, healthcare, and food, is $1 million really enough to stop working? This graphic illustrates how long $1 million, combined with Social Security benefits, would last in each U.S. state, according to data from GOBankingRates. The analysis includes groceries, healthcare, housing, utilities, transportation, and miscellaneous expenses.
In three states—Massachusetts (19 years), California (16 years), and Hawaii (12 years)—$1 million would be completely spent in less than 20 years →Infographic of the week
Mapped: Median Home Sale Price by U.S. State
In 2024, buying a home in the U.S. looks vastly different depending on where you are. Factors like local demand, land availability, economic conditions, and housing regulations all contribute to the median home prices in each state.
Which States Have the Highest Home Sales Prices? →Serious stuff
36-year-old mom making $10,000 a month in passive income: The 3 books that helped me get rich and ‘live life on my terms’ by Rachel Himenez
These are the three books that shifted her mindset about money, helped her build wealth →Budgeting
56 Almost Effortless Ways to Save Money by Brooke Nelson Alexander
Practical tips from separating your bananas to slow down the ripening process to checking your tires →Infographic of the week
Which States Have The Highest Share of Retirement-Age Workers?
About 22% of American adults 65 and older continue to work in 2024. Growth in the 65 and older population, higher cost of living and other factors have led to a large share of older adults in the workforce. New Jersey saw the highest share of working adults over the age of 65 in 2024, and the largest two-year increase.
Retirement-Age Adults Still Working by State →Infographic of the week
Ranked: The Worst U.S. States for Retirement
This chart ranks the 10 worst U.S. states to retire in, according to Bankrate.com, as of 2024. What this ranking is not showing are states that people prefer to retire in for more qualitative reasons. Factors like weather are considered, but financial aspects of a state are weighted higher in this ranking.
This chart ranks the 10 worst U.S. states to retire in 2024 →Budgeting
What is the FIRE movement and how does it work? By Andreina Rodriguez
The concept of early retirement has gained momentum in recent years, but is it attainable for everyone →Word of the week
Lean FIRE
Lean FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early. With Lean FIRE the goal is retire early and live a frugal lifestyle. You would likely live on the minimal necessities and save the rest, and your retirement would be more frugal in nature.
Lean FIRE: The Fast Track to Early Retirement – If You Can Stomach a Small Budget by Nick Wolny →Word of the week
FIRE (Financial Independence, Retire Early)
FIRE is an acronym which stands for Financial Independence, Retire Early. FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
How to retire as early as humanly possible →Budgeting
The Skeptic's Guide to FIRE (Financial Independence, Retire Early) by Nick Wolny
Here's an editor's perspective on the good, bad, and ugly of FIRE culture →Infographic of the week
How Gen Z Feels About Its Financial Future
Gen Z is an optimistic and driven generation. Many young people in this generational cohort are turning to entrepreneurship and side hustles as a way to supplement their income and build a brighter future.
Gen Zers have a more positive outlook on their financial well-being than their millennial or Gen X peers →← Curating the web to find the most interesting and helpful information about your money.