Net Worth Blog

December 28, 2020
by Michael

What is a Target Date Fund?

A target date fund is a retirement fund that automatically reduces risk the closer you are to retirement.

Financial Literacy, Net Worth

December 28, 2020
by Michael

What is a Target Date Fund?

A target date fund is a retirement fund that automatically reduces risk the closer you are to retirement.

Financial Literacy, Net Worth

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October 23, 2020
by Michael

What to Do About Low Interest Rates

Record low interest rates have left people wondering what they should do and what will happen in the future. Here are are several things you can do about the current situation of low interest rates.

Personal Finance, Net Worth

August 28, 2020
by Ashley Chorpenning

Before you decide to purchase a home, you should take the time to understand if your home is an investment. Your home is probably the most expensive purchase you’ll ever make, but not necessarily the …

Net Worth, Homes and Real Estate

July 6, 2020
by Ashley Chorpenning

Average Net Worth by Age - Are You on Track?

Outlined below is the average net worth broken down by age bracket. Where does your net worth fall when compared to your peers?

Net Worth

December 29, 2019
by Ashley Chorpenning

6 Ways to Exponentially Grow Your Net Worth

Building your net worth is the key to financial success. There are several simple methods anyone can use to improve their net worth. By boosting your income and assets while reducing your liabilities, you can …

Personal Finance, Net Worth

November 22, 2019
by Ashley Chorpenning

Are You Making These 8 Costly 401k Mistakes?

In order to enjoy a comfortable retirement, it’s vital you save as much as possible. If you want to maximize your retirement reserves, here are the most common 401(k) mistakes to avoid.

Net Worth, Risk Reduction

October 7, 2019
by Michael

How My Wife and I Were Able to Start Maxing out Our Retirement

Here’s how my wife and I got to a place where we could max out our annual retirement contributions. By doing so we gave ourselves a nice raise in the form of a tax cut.

Family and Finances, Net Worth

June 14, 2019
by Emily

How Asset Allocation Is Related to Net Worth and Risk

Do you know what your net worth is, where it is allocated, and how much risk you are carrying? This post shows how three families with very different asset allocations fare over a five year …

Financial Literacy, Net Worth

December 31, 2018
by Michael

Give Yourself a Raise by Deferring Your Income

One on the neatest things you can do for yourself financially is to give yourself a raise courtesy of the IRS. Contributing to a tax deferred retirement account is a special form of saving money …

Financial Literacy, Net Worth

December 7, 2018
by Emily

How Net Worth Differs from Retirement Planning

Your retirement plan is an important part of your overall financial picture… just as your net worth is. There is some overlap between the two, but also some very important differences. You cannot rely on …

Financial Literacy, Net Worth

October 16, 2018
by Michael

Asset Allocation Categories - What You Can Bet On

This post explains the investment categories that are commonly found in funds and prospectuses. These asset classes come with complex risk/benefit calculations and can be used to tailor a portfolio to the nth degree.

Financial Literacy, Net Worth

June 24, 2018
by Michael

What Is Special About Net Worth and Why Winners Track Theirs

Net worth isn’t just for rich people to “keep score” in an endless game of getting more. It is a key indicator of everyone’s financial health. Income, job title, and especially what car a person …

Financial Literacy, Net Worth

April 14, 2018
by Michael

Net Worth Defined With Precision

Net worth, the yard stick for comparing financial success is a loosely defined term (irritatingly so to our brains). See our diagram for the break down of "total" vs "investable" net worth. After you read …

Financial Literacy, Net Worth