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A Veteran of the Digital Nomad Community Offers Her Best Tips for the Location-Independent Lifestyle

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Is it feasible for Digital Nomads to save up for retirement, even if they aren’t living in one place and are unable to contribute to traditional retirement plans? There are a lot of options out there to save for retirement , and most of them aren’t restricted by being a digital nomad. Absolutely. Photos courtesy of Krystal Pino.

Lifestyle 264
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3 Financial Tips to Consider Before Pursuing Your Passion Full Time

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You should plan to have at least six to 12 months of cash on hand just in case your new business venture isn’t able to fund your lifestyle. Most conversations about investing tend to focus on retirement planning and thus a lot of attention is paid to 401(k) and IRA accounts. Get out of debt. Starting a business is hard enough.

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Heartcore Business Founder Shanda Sumpter Reveals 4 Ways She Helps Leaders Achieve Financial Freedom

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Calling workaholism, all-day multitasking and the lifestyle of “everything in moderation” until you retire “middle-class mindsets,” Sumpter preaches instead a “freedom-based mindset” centered on finding both emotional and financial success. This article originally appeared in the March/April 2024 issue of SUCCESS magazine.

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How to Handle Haters: Advice from 3 Resilient Entrepreneurs

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If your decisions about a career move, relocation, lifestyle or relationship mean your loved ones refuse to support you, even threaten to leave your life, the road ahead of you can be a long one. After I retired, my wife and family wanted me to take a predictable, boring agency job. Bruce Cameron. Photo by @Miverano/Twenty20.

Lifestyle 279
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A Single Mother Struggling to Budget Weighs the Balance Between Just Surviving and Really Living

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And fantasy, I’ve learned, is important, especially when your default setting is a fiscally stressful reality and “hobbies” that include devouring articles on finance, budgeting, inflation and retirement. I do have retirement accounts and 529s, though both have tanked, while my grocery bill (like everyone else’s) has crept up.

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How Michael J. Fox Finds Ways Around Life’s Obstacles

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Then Fox’s golden-boy career was seemingly derailed much too soon by a diagnosis of Parkinson’s disease—only to be resurrected by award-winning guest roles and, briefly, his own NBC sitcom before he officially retired in 2020. Fox grew up in a loving, supportive family that settled in the Vancouver suburb of Burnaby after his father retired.

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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

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It’s called ‘lifestyle creep’ when you’re done with school so you think you have more money and can afford more things,” Akpan says. Now, Akpan makes it a point to ask people if they have a Roth individual retirement account. This article originally appeared in the November/December 2022 issue of SUCCESS magazine.

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