Journal Club 03-29-24
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Here's Journal Club 03-29-24! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
Did you know investing in HSA could be a powerful tool for building long-term wealth and tax-efficient healthcare expense funds? The White Coat Investor amassed a significant amount through prudent investing practices and maximizing the benefits of the HSA structure. Interested in learning how you could utilize the advantages of having an HSA account? The author shares more about it in the article – How We Built A 6-Figure HSA (and What We Plan to Do with It).
Retirement is a dynamic concept that varies from person to person and continues to evolve over time. Whether you desire full retirement, semi-retirement, or continued meaningful work, achieving financial independence should align with your personal goals and long-term satisfaction. The author of Retire Before Dad reflects on the evolving landscape of retirement and shares his perspective in the post – The Changing Realities of an Ideal Retirement.
Becoming a millionaire may seem like a distant dream for many. However, it is achievable in a relatively short time frame through a combination of strategies. The author of Five Year FIRE Escape suggests focusing on key aspects such as increasing income, saving aggressively, and investing wisely to work toward and secure a financial future in the article – How to Become a Millionaire in 5 Years: On an Average Income (It’s Ridiculously Simple With My Free Worksheet).
Are you familiar with the concept of arrival fallacy? According to The Physician Philosopher, it’s when individuals believe that achieving certain goals or milestones will lead to lasting happiness, only to find that the satisfaction fades once the goal is attained. The author discusses how people often chase professional achievements or material possessions but sooner or later realize it isn't what truly makes them happy. To help you overcome this feeling, the author discusses ideas such as practicing gratitude, prioritizing relationships, and more in the post – The Arrival Fallacy.
Read any interesting articles? We'd love it if you could please take a moment to share them in the comments below!
Thank you for reading and sharing,
Peter
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.
