If you’ve done your research on Retirement Planning, you might have come across FIRE - Financial Independence Retire Early. Usually when people talk about FIRE, it’s an overnight switch that involves a massive lifestyle change. Quitting your job, pulling your kids out of their current school, moving your family to an entirely new low-cost-of-living region, … Continue reading Aim to be Financially Independent
Tag: Retirement
The New Rules for Retirement Financial Planning
Disclaimer: The intended audience for this article is someone who is reasonably savvy on financial planning. If you’re a novice, stop reading now and just do whatever your financial planner tells you to do. The conventional advice for financial planning in retirement has generally been the 4% rule. Ie, on the day of your retirement, … Continue reading The New Rules for Retirement Financial Planning
The ABCs of Personal Finance
Do you want to be a millionaire? The odds may certainly seem to be stacked against you. Less than 0.2% of the world's population can claim to be millionaires. The average American household before the financial crisis in 2008 had a financial net worth of roughly $100,000. Today, the situation is even more dire, with … Continue reading The ABCs of Personal Finance
The Contented Life
New Year’s Eve is upon us, and millions of New Years’ Resolutions are being drawn up all around. I’m sure a good number of those resolutions involve succeeding in our careers. I'm also sure that millions of these resolutions, even if we never admit it out loud, are really all about fattening our wallets. Hence … Continue reading The Contented Life