401(k)


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I’ve put it off long enough now. I need to get started on the Roth IRA Conversion Ladder. It seems to be the only solution to my western world problem. The problem of having too much in my 401(k). The Roth IRA Conversion Ladder will allow me to gradually convert funds from my 401(k) to a Roth IRA, in turn, allowing me to withdraw WITHOUT PENALTY when I really need it. The catch: You need to start this at least 5 years prior to the first withdrawal. Is there such a thing as too much in a 401(k)? For most of […]

Roth IRA Conversion Ladder


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In my last post I mentioned this was going to be a series. I’ve made a few Screw-ups on my way to a million. Today’s post is about investing emotionally. In other words, falling in love with your investments and the disastrous consequences associated to it. Different emotions in play It’s okay to get emotional when investing. When the stock is up I’m happy and when it’s down I get pissed. Can’t help it, it’s just another day on the job so to say. Investing emotionally isn’t okay, it can cloud your judgement. There are several ways in which you can get tied […]

Screw-ups on My Way to a Million: Investing Emotionally



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You’ve probably heard it or seen it on a cheesy motivational poster: The road to success is paved with failure. I prefer to call them screw-ups as it seems to imply more of a duh!!-moment and lessons are learned. For two years now I’ve been writing about how I made my way to a million and how that eventually resulted in early retirement at 43. In my book I write about the screw-ups, but on my blog I’ve not paid much attention to them. Today I’ll start a series that focuses on the screw-ups on my way to a million. We all […]

Screw-ups up on My Way to a Million: Greed