Rule #1 Finance Blog
retirement planning
Pension vs 401k: What’s the Difference & Which is Better?
You know the things we consistently put off because we don’t want to think about them? Or because we believe we can circle back to them later?
Retirement is one of those things.
But, I’m here to tell you it shouldn’t be. In reality, retirement is a lot closer than you might realize, so it’s important to start planning now to ensure you’re able to build a comfortable, sustainable life that exists outside of a regular paycheck.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
IRA vs Roth IRA: Which Retirement Fund is Best for You?
People haven’t been saving for retirement for all that long. And if they were, they weren’t using Individual Retirement Accounts (IRAs) to do so.
Before IRAs came along in the 1970s, people relied on pension plans and Social Security to fund their retirement. But pension plans have become far less common and many people can’t live off of social security alone.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Ever dream about how to retire early?
It sounds amazing to be able to spend more time having the freedom to enjoy the things that matter most to you—whether that’s spending more time with family and friends or having the chance to discover a new passion project.
According to the United States Social Security Administration, the average retirement age is 67 years old, and this estimate applies to individuals born during or after the year 1960.
However, times are changing.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
How to Protect Your 401k from a Stock Market Crash
Are you riding your retirement on the success of the stock market? If so, it’s understandable that you’re worried about what a crash could mean for your 401k.
If that’s you and you’re wondering how to protect your 401k from a stock market crash, I’ve got good news for you:
You don’t have to worry.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
The Best Way to Make Your Retirement Portfolio Crash-Resilient
The U.S. economy could slip into a recession at any time, so creating a crash-resilient retirement is more important than ever.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
How Long Will $1,000,000 Last You in Retirement?
$1,000,000 is a common benchmark when it comes to retirement goals, and many resources will recommend this number as how much you should save before you retire.
However, while a million dollars may sound like a great goal to strive for, the truth is that a million probably isn’t going to be enough for you to live a comfortable and enjoyable retirement.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Retirement planning can be tricky, but I want to start out by saying it’s entirely possible to have enough money to retire early. You don’t need to win the lottery or have a big inheritance or anything like that. You just have to be smart and disciplined with your money.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Retirement Planning Tips You Will Need to Know for Before, During & After Retirement
Whether you haven’t thought about it at all, or you’re setting aside some money into a retirement fund, retirement planning is crucial to establishing your future.
The preparation process takes knowledge, tools, and time, but you can do it. It’s hard to invest if you don’t have a plan. By having a plan I mean, what lifestyle do you want to live when you retire? How much will that lifestyle cost you? Once you can answer those questions, you’re headed in the right direction.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
What Happens When You’re Ready to Retire
The “someday” you’ve been planning and saving for is today. It is time to retire. You may be feeling ready and excited, or you may be feeling overwhelmed and unsure. All of these emotions are completely normal as you are about to undergo a major lifestyle change.
What should you expect from this new chapter of life?
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
8 Ways to Get a Head Start on Your Retirement
Whether you haven’t thought about it at all, or you’re setting aside some money into a retirement fund, preparing for retirement is crucial to establishing your future.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.