Investing

Reader question: Can I use my 401k to retire early and avoid the 10% 401k withdrawal penalty? - Jesse, Boston Yes it is possible to use your 401k to retire early, but it requires a little bit of 401k "hacking". I actually planning on using the following...

Most Millennials probably think they don't need to work with a financial planner yet because they are still paying back student loans and aren't making much money, but in reality many of them would be much better off financially if they did. I think financial...

Millennial Money Snapshot: You can put $5,500 each year into a Roth or Traditional individual retirement account (IRA). You can put money in a Roth IRA after you've paid taxes on it and then your money grows tax free. That's a sweet deal and often best for Millennials. In...

Millennial Money Snapshot: Vanguard Personal Advisor Services pairs investors with a personal advisor who builds you a custom financial plan based on low-cost Vanguard index funds. Vanguard manages all aspects of the portfolio from investing deposits to re-balancing and there is a $50,000 minimum investment required to...

Betterment is a robo-advisor that uses an algorithm to manage and re-balance an investors portfolio. I spent 1 year using Betterment. While I am not currently a Betterment user, I do recommend the platform for both people who are learning how to start investing and more experienced investors who are...

What is investing? Investing is putting your money into something expecting a return on your money over time. It's how your money makes money while you sleep. In fact, a vast majority of my own net-worth has come from investment gains. Last year Warren Buffett made $1.5...

This post contains references to our advertisers and we may receive compensation if you click on links. Learn more here.   Millennial Money Snapshot: Don’t trust Wall Street or buy “trendy” sector funds or ETFs - build a low expense ratio market index fund based portfolio split...

Welcome to Millennial Money. To me this is more than blog, it's my pursuit to make enough money, save enough money, and manage money well enough so work is optional for the rest of my life. I don't want to spend all of my time making...

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