It’s open enrollment season again for those self-employed or early retirees that receive their health insurance through the Affordable Care Act Marketplace - healthcare.gov. The deadline to enroll for coverage is December 15th, 2018, if you want your coverage to start on January 1st, 2019.
There comes a point in time when you realize the strategy that got you here won’t be the strategy going forward. High earners aren’t living paycheck to paycheck in the same way that a lower income earner is. This isn’t to say that high earners don’t need to watch their spending, as they are just as likely to fail at saving an adequate amount for retirement as their peers.
One of my favorite personal finance blogs is HumbleDollar.com. The founder and editor of the site, Jonathan Clements, is the author of multiple books and was the personal finance columnist for the Wall Street Journal for almost 20 years. Not only is his latest endeavor, HumbleDollar, a well-written site - it is also full of valuable information.
A few weeks back, I had the privilege of being a guest on the Money Savage Podcast, hosted by George Grombacher. Like myself, George has been in the financial advice industry his entire career and is now the President of Money Alignment Academy. His experience really shows as he asks great questions and makes valid points during our discussion.
Take a moment to think of how much your life has changed over the past 10 years. For me, I was studying Finance at Iowa State University while a member of the Men’s Golf Team.