It’s been a busy month, but I wanted to share this post from last year about health and money. The re-share was prompted by my regular physical. I’m still ticking, though I could be doing better. Money has always been a motivating factor for me, so . . .
You can probably tell by the title of this post what I’m going to talk about. Time and money are inextricably related. Continue reading
We spend a lot of time in this community discussing the accumulation of wealth and the tenets of living frugally so that we can retire early (well, so that you can retire early – it is too late for me to retire early). What we don’t spend a lot of time talking about is what to do with the money we don’t need to live on in retirement, or whence it goes when we are no more. Continue reading
If you been around this community long enough and read enough posts/articles, you get a bunch of tips on how you can work, hack, earn, side-hustle, or invest your way to Financial Independence. I’ve read a good number of these articles, and can tell you, most are telling you the absolute truth. This is not rocket science, people. But there is a knack to it, and if you are reading this stuff, you are on your way to doing it right. Not just because I write some of this stuff (which should be enough, right?), but because one of the best documented habits of the rich is that they read, a lot. Continue reading
When you think about what things actually cost, your mind is likely to think in terms of dollars and cents (or Euros and cents for my friends across the pond). But the dollar cost of things is only the beginning. . . Continue reading
We are still in the process of moving. I’ve been reading a lot about this recently and thought I’d share a post from last year.
The 4% Rule is probably not exactly what you think it is. To be fair, there are as many opinions on appropriate safe withdrawal rates from retirement portfolios as there are experts who give them. I was reading an article the other day on Investopedia, written by a financial planner, which advocated, among other things, that the oft cited 4% rule is often inappropriate for retirees when deciding how much to take from their portfolios every year. The article I was reading Why Early Retirees Should Reconsider the 4% Rule, discussed worst case scenarios intended to drive the readers to thinking they need professional help (he is, after all a fee based financial advisor – how long would he be employed if he advocated a “do it yourself” approach?). Continue reading
