Blog Posts
As most of you know by now, I am a teacher and I have been teaching for a total of seven years. For the first four years of my teaching career, I paid to be a part of a union. I really didn't make the choice on my own, but I was just told that I needed to be a part of a union. So, I signed up. The last 3 years, I had realized that I really didn't need to be a part of a union and I dropped out. So, I am a non-union teacher.
Over the weekend, I was checking my Personal Capital dashboard to see how bad the down market has hurt our net worth. As you would imagine, our net worth took a hit, just like everyone else. This does not mean that I am running to the hills and selling everything. We have to remember that retirement investing is an investment for the long haul and we can't get scared by a dip in the market. It is always important to remember this fact whenever the nightly news scares you into thinking that this is the crash to end all mankind. Don't worry, the market will recover and we will be better off than we were before.
Recently, I was reading an article on Money.com. It talked about the increasing age of retirement in America. The article was titled, "Millennials, Get Ready To Work Longer Than Your Parents" In the article, it mentioned that a recent study showed that the retirement age has increased from an average age of 61.8 to 62.8. Do we really need to accept this? Nope, the article lies out multiple ways to avoid the increasing retirement age.
So, last month I was celebrating the fact that we are debt free! We are no longer debt free. We made the decision to purchase a house that we fell in love with and we are very happy with our purchase.
Monday, August 24, 2015 is being called another "Black Monday." The stock market dropped and I heard lot's of people worried about the drop. This drop has happened before and the stock market has always recovered. I felt like I should type an article of advice to help anyone worried about the dip in the stock market.
