Free Money Finance

Free Money Finance is a personal finance blog designed to help readers grow their net worth. The site is over four years old and contains more than 7,000 posts on saving money, making money, investing, planning for retirement, and all other personal finance related topics.

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Retirement by the Numbers

Vanguard shares seven retirement milestone numbers https://personal.vanguard.com/us/insights/article/retirement-numbers-052016 as follows: Age 59½: Withdraw from your traditional IRA without being charged a penalty Age 62: Become eligible for reduced Social Security benefits Age 64¾: Enroll in Medicare Age 65: Medicare begins; Sign up for Medigap Age 66–67: Reach Social Security full retire […]

Retirement by the Numbers

Vanguard shares seven retirement milestone numbers as follows: Age 59½: Withdraw from your traditional IRA without being charged a penalty Age 62: Become eligible for reduced Social Security benefits Age 64¾: Enroll in Medicare Age 65: Medicare begins; Sign up for Medigap Age 66–67: Reach Social Security full retirement age Age 70: File for Social Security if you haven't already. Age 70½: […]

Five Debts to Tackle Before You Retire

Bankrate lists the five debts to tackle before you retire as follows: Mortgage debt Credit card debt Student loan debt Auto loans Medical debt This is a weak article IMO. Instead it needs to be titled "The Five Debts You Must Eliminate Early if You Ever Want to Retire." Most, if not all, of these debts need to be long gone well before you retire. If they aren't, guess what? […]

Star Money Articles for the Week of May 1

Welcome to this week's edition of Star Money Articles. Debt.com talks about an early 50's retiree. 1500 Days has come full circle. ESI Money says to make small progress every day. Physician on Fire gives thoughts on real estate crowdfunding. Budgets are Sexy tells the story of working on Wall Street. Finally, my book of the week is The Millionaire Next Door: The Surprising Secrets of America […]

A Great Deal at Costco

If you've been reading this blog for more than 15 seconds, you know I love Costco. Here are a few posts that give reasons why: Money Saving Tip: Excellent Presents from Costco Saving $2,000 a Year by Eating Samples at Costco and Grocery Stores Shopping for a Cruise Can You Pay for a Costco Membership by Saving on Gas Alone? Health and Beauty Aids: Walmart versus Costco, Kirkland Brand vers […]

When Do You Plan to Retire?

In the March issue of Kiplinger's magazine they posted a reader poll asking "When do you plan to retire?" The results: 27% plan to retire at 62 or younger 31% plan to retire between 63 and 66 19% plan to retire between 67 and 69 23% plan to retire at 70 or older A few thoughts on this: I'm actually surprised on both ends -- that so many retire before 62 and so many retire at 70 or old […]

Star Money Articles for the Week of April 24

Welcome to this week's edition of Star Money Articles. Humble Dollar lists three steps to seven figures. From Cents to Retirement conducted an interview. ESI Money interviews a millionaire. Money Boss is looking for a new house. The Green Swan has a FIRE-side chat. Finally, my book of the week is The Personal MBA: Master the Art of Business. Why get an MBA when you can read a book? […]

Benjamin Davis and the Journey of a CFS-sufferer towards Early Retirement

Today we have a guest post by Ben from From Cents to Retirement. My name is Benjamin Davis, I run From Cents to Retirement and I recently published my first book called My strategy to retire early: My journey to become financially independent and retire in my early 30s. I was born in Portugal to an Italian and Canadian family. […]

Yes, You Can Spend It All

Here's an article talking about high-earners living paycheck to paycheck. The highlights: If you are struggling to save money and think that a larger paycheck is the key to solving your problems, a new report suggests that may not be completely true. […]

Star Money Articles for the Week of April 17

Welcome to this week's edition of Star Money Articles. Enwealthen has a financial literacy interview. ESI Money asks if the cost of a financial advisor is worth it. Business Insider and Washington Post cover a 52-year-old retiree. Choose FI has an interview series with JL Collins. Physician on Fire goes part-time!!! Finally, my book of the week is Millionaire Teacher: The Nine Rules of Wealt […]