Ask an MBA: I am a 57-year-old with $1.1M in 401(k) and $50K in savings plans to retire at 62 with no debt. Wife and they will collect $3,500 each in Social Security and he plans to withdraw $5,000/month from 401(k). Is this a good plan? My wife and I will collect $3,500 each month […]
Realtors in the USA: A 30% Cut on Commissions Could Be Coming
Realtors in the USA are about to have their commissions cut by 30%. That's right, the gravy train is coming to an end. A recent court verdict found that the National Association of Realtors (NAR) and several large brokerages had artificially inflated commissions and conspired to require home sellers to pay the buyer's agent's commission. This verdict is still being appealed, but it's a major blow to the real estate industry. So what … [Read More...]
Retire Early: Tips for Young Americans to Avoid the Fate of Older Generations
Young Americans remain optimistic on retirement, try to avoid fate of older generations Is retirement a distant dream for young Americans? Not necessarily. A recent survey by Bankrate found that 63% of Gen Z and Millennials are optimistic about their ability to retire comfortably. That's good news, but it's important to remember that optimism alone won't get you there. It takes concrete steps to make your retirement dreams a … [Read More...]
Take Off with the Top 3 Credit Cards for Airline Perks
Top 3 Credit Cards for Airline Perks If you're a frequent flyer, having a credit card that offers airline perks can be a great way to save money on travel. There are many different airline credit cards available, so it's important to choose one that offers the perks that are most important to you. Here are three of the top credit cards for airline perks in 2023: Chase Sapphire Preferred Card The Chase Sapphire Preferred® Card is a … [Read More...]
Fly First Class for Free: The Ultimate Guide to Earning Airline Miles
The best way to earn airline miles for free trips and first class Airline miles can be a great way to save money on travel, and even fly first class for free. But with so many different ways to earn miles, it can be hard to know where to start. Here are some of the best ways to earn airline miles for free trips and first class: Sign up for frequent flyer programs. The most basic way to earn airline miles is to sign up for … [Read More...]