To see 2016 data, click here. In this article, a continuation of our American Net Worth series, we explore the net worth it took to be in the 10%, 25%, 50%, 75%, 90%, and 99% (the ‘one percent’) bracket in 2013 for American Households headed by 18-24 year olds, 25-29 year olds, 30-34 year olds, […]
Continuing our little series on American Net Worth secrets revealed by the Federal Reserve’s 2013 Survey of Consumer Finances, I figured we’d zoom into a little segment of the population where more than a few politicians have made their careers: retirees. Okay, that’s a big segment. Regardless, let’s look at the Net Worths of households […]
We have written before on what your ideal savings rate might be. Today, we follow through on what we promised to you – a fully editable ideal savings rate calculator which allows you to put the lessons you learned in our first post into action! The Ideal Savings Rate Calculator – When Can YOU Retire? […]
Today we’re going to discuss the most important variable in your control when it comes to setting your Retirement or Financial Independence date: your ideal savings rate. You’re in for a bit of a read, but by the end you’ll have a grasp on how your savings rate affects your retirement – or financial independence […]
The Treasury Return Calculator below uses long run 10-year Treasury Data from Robert Shiller to compute returns based on reinvesting the coupon payments. You can see the total returns for the 10 Year Treasury for any arbitrary period from 1871 until today. (If you are looking for a similar calculator for the S&P 500 with […]
A flat tax code has many detractors, but flatter taxes mean huge gains in efficiency for innovation… and the subsequent benefits for jobs. “Cut rates and eliminate deductions”, as a bumper sticker (ahem, Twitter) length quote, started to reenter the public consciousness again during the recent Presidential election. The phrase came to be associated with […]
Both my co-writer Cameron and I have recently penned screeds on a worrisome trend we’ve seen in Personal Finance blogs – the hyperbolic obsession with “Debt Zero”. “Debt Zero” is, of course, the idea that above all else Debt Must Be Paid Down.
The first clue that something is wrong with that story is the inclusion of the word “must”. There are very few absolutes in life – the snarky amongst you will acknowledge death and taxes – and in this situation is no different. You see, it’s naive to assume that things come for free. Every single thing you do is a trade off.
Hey DQYDJ readers, remember that whole real estate bubble popping thing which started a few years ago? Now, there is plenty of blame for that little incident to go around, but one of the largest issues with the bubble and the ensuing collapse was the use of improper valuation techniques in securities related to real […]
Calculate the total return on the S&P 500 between two dates including reinvested dividends and inflation.
Admit it – when you woke up today you asked yourself this very question – “is it better to go to college or to become a truck driver?“. Well, so did we here at DQYDJ. Inspired by a Twitter conversation from our friends JT at MoneyMamba and Matt Allen at Rambling Fever, we had to ask… how much do recently minted college graduates make when compared to their truck driving contemporaries? I think we can fairly classify this as an ‘epic post’ – make sure you fully understand my methodology before complaining… then complain all you want in my comments section!