It’s Amazing How Much Money You Can Save When You Own Your House Outright

I don’t remember the reason why, but I recently looked up what it cost us to operate and maintain our house in 2016. Here are the results. At $9,876.07, our housing costs amounted to 8.9% of our pretax income. Pretty neat. And that percentage would have been even less if Mrs. Groovy and I worked …

Prepare for Impact: You’re 55-Years-Old and Broke

Imagine you’re in the following predicament. You’re 55-years-old. You don’t own your home, you rent. You also have less than $1,000 in the bank, no retirement savings, and no pension. On the bright side, though, you’re employed, have little consumer debt, and are relatively healthy. Is a decent retirement possible given these circumstances? It is. …