Compare our first ever Money Diaries in 2018 to your current spending
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Why Retirees With $1 Million Are Still Running Out of Money — and What the Math Actually Says
The 4% rule allows $1 million in retirement savings to generate only $40,000 annually, which may fall short…
The K-shaped economy has left many six-figure earners ‘on thin ice’ as housing costs, lifestyle creep, and the job market put them at risk
In a K-shaped economy defined by a stark divide in household income and spending, there are sure to…
Zohran Mamdani presses NYC Council to drain city’s rainy day fund — setting up budget fight with Speaker Menin
Mayor Zohran Mamdani is officially pressing the City Council to drain the Big Apple’s rainy day fund —…
Two Words Explain Why Your ‘Retirement Number’ Is Probably Wrong
Ask people how much they need to retire, and there is a good chance they can throw out…
We Need to Talk About Your Retirement ‘Spending’
I spend a lot of time talking to retirees about their spending plans. Many of them proudly tell…
Anthropic CEO Dario Amodei warns if AI growth forecasts are off by a year, ‘then you go bankrupt’
While AI hyperscalers are committing hundreds of billions of dollar per year on capital expenditures, Anthropic’s spending plans…
I Asked ChatGPT If I Could Realistically Retire on $500K: Here’s What It Said
Retirement is a big unknown for a lot of Americans, especially when it comes to wondering whether their…
Pensions Bet That Google Will Still Be Raking in Cash a Hundred Years From Now
Do you think you’ll still be using Google in the year 2126? Bond investors are betting you will…
Cash Balance Plans, Trusts, and the $1 Million Debate
In this episode, we talk through big-money topics like cash balance plans, revocable trusts, and what peak spending…