Category: Investing for Retirement

If you are just starting your working career you are probably not thinking about retirement. But once you retire it is interesting to look back on the statistics from a lifetime of work. I started earning money back in 1978 working part-time as a dishwasher and then as a night

There are a lot of YouTube videos that discuss how much you should have in retirement savings by age. Americans have a need to compare themselves to others in their age group to gauge how they are doing financially. One thing I have learned is that everyone’s situation is different.

For the fourth month of 2024, the DOW lost 1990 points. That was a 5% loss for the month. Interest and dividend income was $2828 for the month. Withdrawals for living expenses came to $1559. Overall, my account balance decreased by 2.02% from the prior month. In the past month

To hear the media still calling Tilray a meme stock is completely wrong. Meme stocks arose in 2020 and are stocks that are over-hyped by retail investors. The hype usually doesn’t correlate with a company’s financial performance. Tilray may have qualified as a meme stock briefly back in early 2021,

For the third month of 2024, the DOW gained 490 points. That was a 1.25% gain for the month. Interest and dividend income was $2395 for the month. Withdrawals for living expenses came to $1150. Expense spending was back to normal for the month. Overall, my account balance increased by

This year it cost me $154 to file my taxes with TurboTax. The reason it was high is that I have investment income. My net profit from Ebay sales was only $145 in 2023, so I didn’t bother filing it as small business income. My primary source of income during