Rule #1 Finance Blog

retirement planning

How to Protect Your 401k from a Stock Market Crash

Phil Town

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Posted in retirement planning

Are you riding your retirement on the success of the stock market? If so, it’s understandable that you’re worried about what a crash could mean for your 401k.

If that’s you and you’re wondering how to protect your 401k from a stock market crash, I’ve got good news for you:

You don’t have to worry.

Read more.

The Best Way to Make Your Retirement Portfolio Crash-Resilient

Phil Town

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Posted in retirement planning

The U.S. economy could slip into a recession at any time, so creating a crash-resilient retirement is more important than ever. Read more.

How Long Will $1,000,000 Last You in Retirement?

Phil Town

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Posted in retirement planning

$1,000,000 is a common benchmark when it comes to retirement goals, and many resources will recommend this number as how much you should save before you retire.

However, while a million dollars may sound like a great goal to strive for, the truth is that a million probably isn’t going to be enough for you to live a comfortable and enjoyable retirement. Read more.

How to Retire By 40

Phil Town

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Posted in retirement planning

Retirement planning can be tricky, but I want to start out by saying it’s entirely possible to have enough money to retire early. You don’t need to win the lottery or have a big inheritance or anything like that. You just have to be smart and disciplined with your money. Read more.

Retirement Planning Tips You Will Need to Know for Before, During & After Retirement

Phil Town

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Posted in retirement planning

Whether you haven’t thought about it at all, or you’re setting aside some money into a retirement fund, retirement planning is crucial to establishing your future.

The preparation process takes knowledge, tools, and time, but you can do it. It’s hard to invest if you don’t have a plan. By having a plan I mean, what lifestyle do you want to live when you retire? How much will that lifestyle cost you? Once you can answer those questions, you’re headed in the right direction. Read more.

What Happens When You’re Ready to Retire

Phil Town

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Posted in retirement planning

The “someday” you’ve been planning and saving for is today. It is time to retire. You may be feeling ready and excited, or you may be feeling overwhelmed and unsure. All of these emotions are completely normal as you are about to undergo a major lifestyle change.

What should you expect from this new chapter of life?

Read more.

8 Ways to Get a Head Start on Your Retirement

Phil Town

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Posted in retirement planning

Whether you haven’t thought about it at all, or you’re setting aside some money into a retirement fund, preparing for retirement is crucial to establishing your future.

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5 Retirement Mistakes You Might Be Making That Could Be Keeping You From Financial Freedom

Phil Town

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Posted in retirement planning

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Preparing For Your First Investment: How to Choose a Brokerage Account

Phil Town

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Posted in retirement planning

[INFOGRAPHIC] What You Need to Know About Opening a Brokerage Account

In order to buy and sell stocks, you’ll need a brokerage account. This account allows a broker to sell and purchase, on your behalf, to other people willing to give or take the same stock. Choosing a brokerage account can seem confusing because you have a lot of options. Let’s take a look at these options.

Note: Not ready to open a brokerage account yet? Explore more ways to invest money in this blog post, instead.

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The Benefits of Compound Interest After Retirement

Phil Town

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Posted in retirement planning

When you are ready to retire, how much of your stock should you sell?

Let’s pretend it’s time to retire and we have $1 million of stock invested in a wonderful company…

Not too bad, huh?

We can sell all of our stock in the company and use that to finish paying off our mortgages, travel the world, and visit our children – or we can keep our money in the company and skim what we need from the top to live during retirement.

Which path to retirement is better? Read more.