While Target Date Funds in 401(k) plans have performed well since the Bull Market that began 2009, this article does a good job of exposing the risk in those funds.
How much income do you need to afford the average home in your state? The answer may surprise you. Most of the nation’s housing markets have now almost completely recovered back to pre-housing-bubble levels, with many markets far surpassing those peaks. Howmuch.net collected average home prices for every state from Zillow, and then plugged the numbers into a typical mortgage calculator.
The states needing the highest salaries to afford the average home start with Hawaii at $153,520, followed by Washington D.C., California, Massachusetts, and Colorado. The states with lowest salaries needed to afford the average home include West Virginia at just $38,320 followed by Ohio, Michigan, Arkansas, and Missouri.
My goal for this blog is to provide information and help as many people as I can to have a successful retirement and to make informed financial decisions for retirement.
The opinions expressed on this site are those solely of Danny Holder and do not necessarily represent those of Capital Retirement Planning, LLC, or Capital Retirement Insurance Planning, LLC. Danny Holder is registered as an investment advisor and licensed as an insurance agent in Texas. Capital Retirement Planning, LLC is registered as an investment advisor in Texas and only transacts business in states where properly registered or licensed, or is excluded or exempted from securities registration requirements. This website is intended for informational and educational purposes only and does not constitute a complete description of the investment services or performance of CRP. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. A copy of CRP's Part II of Form ADV and privacy policy is available upon request. This website is in no way a solicitation or an offer to sell securities or investment advisory services. Mr. Holder and CRP disclaim responsibility for updating information. In addition, Mr. Holder and CRP disclaim responsibility for third-party content, including information accessed through hyperlinks. No graph, statistic, or market condition described can be used to make an investment decision. An investment decision should only be made after a consultation with a qualified investment advisor.