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THE BROKE ARCHITECT

Designing for Financial Independence

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Month: May 2017

Why Do We Have An Emergency Fund?

May 29, 2017May 29, 2017 by The Broke Architect

Growing up I was taught that I should have a credit card available to deal with any emergencies that may occur in life. The 2016 Federal Reserve study found that 46% of American did not have enough money to cover a $400 emergency expense. Somewhere in American history, we went from being a cash is king society to … Read more

Categories Wealth Building4 Comments

Is Retiring at 65 Really the Goal?

May 14, 2017May 14, 2017 by The Broke Architect

When I was young I was sold the idea that 65 is the age when you retire and start collecting a pension and social security. If I work hard for 43-47 years, everything else would work itself out. I would get to spend my golden years enjoying the good life. Mrs. Broke Architect and I would be rolling … Read more

Categories Wealth BuildingLeave a comment

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