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Category: Personal Finance

How Much Do Americans Earn From Side Jobs?

In one post we looked at the time Americans spend on side activities. In this post we'll try paint a clearer picture of how serious side jobs are. Let's examine how much Americans earn doing side work. How Much Do Americans Earn From Side Jobs? While researching the prevalence of side jobs and income earned […]

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How Much Time Do Americans Spend on Side Jobs?

We've looked at the most common side jobs in America as well as why Americans work side jobs. In this post we'll look at the time spent on side jobs by Americans. American Adult Time Spent on Side Jobs One of the more surprising numbers we've seen is that 30.7% of American adults earn some […]

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Why Do Americans Work Side Jobs?

In the last post, we looked at the most popular side jobs worked by Americans in 2017. As the most logical followup, in this post we'll look at why Americans worked side jobs. Once again, data comes from the 2017 Federal Reserve Survey of Household Economics and Decisionmaking. Why Do Americans Work Side Jobs? One […]

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Why Do People Work Side Jobs?

In our last post we looked at the most common side jobs among American adults. Perhaps surprisingly, around 31% of all adults work some sort of a side job, doing anything from renting out property or time to selling things online. In this post we'll go a step deeper and try to answer why people […]

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What Are the Most Common Side Jobs in America?

Whether you call it a side job, part time work, or a side hustle, Americans are an industrious bunch. How industrious? According to the 2017 Federal Reserve SHED, almost 31% of us work some sort of side job. Let's explore the most common side jobs in America. Popular Side Jobs in America By far, selling […]

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How Much Do Early Retirees – Or Extremely Early Retirees – Have Saved?

In this post, we'll look at early retirees - and some of their extreme early retiree counterparts. How much do they have saved for retirement? How do they differ from the general population? Let's find out using the 2017 Federal Reserve Survey of Household Economics and Decisionmaking. Savings of American Early Retirees The SHED has […]

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On Track Retirement Doubts: What's a Spending Goal?

Today we're honored to host a guest post from the inimitable Nelson Smith from Canadian Dividend Investing on DQYDJ. Enjoy! Each week, Canada's Globe and Mail (think of it as our country's own New York Times, complete with the paywall and 14 opinion writers who have the most inane thoughts on things) features a couple […]

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Early Retirement: How Common – Or Rare – Is It?

In a recent post, we argued that 55 years old as the early retirement age cutoff in America. In this post, we'll look at how rare early retirement is in the US. As a preview, 24.29% of current living retirees report retiring before age 56. Number Retiring by Age of Living American Retirees in 2017 […]

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What is the Early Retirement Age? Examining Government and Popular Opinion

The early retirement age, so to speak, is in dispute – specifically, someone needs to answer: what is early retirement? Is it 62? 50? There actually isn't a stock answer (as you probably expected). However, we consider 55 as the cutoff age for early retirement. Here's why. What is the Early Retirement Age? There are […]

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Retirement Planning: How Do Americans Pay For Retirement?

In this post we use 2017 Survey of Household Economics and Decisionmaking microdata to see how do Americans pay for retirement, and also look at what is retirement. Hopefully this data is useful for your own retirement planning! How Do Americans Pay For Retirement? A SHED series of questions enumerated retirement funding sources and asked […]

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