How Many Millionaires Are There in America?
The word millionaire feels magic. The first sum which features two commas is an aspirational net worth goal for many people. And even if some of the sheen has come off in modern times, you probably still wonder how many millionaires there are in the US. Ready to explore the number of millionaires in America, the top one percent of American wealth, and beyond?
Deconstructing 30 Year Stock Market Returns
One of the most impressive long-term stock market statistics has to be the historical 30 year returns on the S&P 500. The worst 30 year return — using rolling monthly performance — occurred at the height of the market just before the Great Depression and stocks still returned almost 8% per year over the ensuing three decades.
What Is A Backdoor Roth IRA?
You may already know that contributing to a Roth individual retirement account (IRA) is off-limits for people with high annual incomes. If your earnings put Roth IRA contributions out of reach, a backdoor Roth IRA conversion is a great option that lets you enjoy the tax benefits of a Roth IRA.