Item 4: With the help of tracking within my own spreadsheet program, I have determined rate of return can vary greatly depending on what set of assets and with whom you have it if it’s not self done. Example: The retirement account with the employer returns about 2% below benchmarks ev...
Michael Kitces – The 4% Rule and Financial Planning for Early Retirement Updated on March 30, 202161 Comments One of the internet’s most-respected retirement researchers and financial planners, Michael Kitces, joins me for an episode of the Financial Independence Podcast! You may remember that ...
The Long-Term Plan template enables you to realistically plan your personal finances on a year-over-year basis for a period of many years or for life. It is perfect for planning for retirement or career changes or other life scenarios. The simplest of life plans to the most complex ...
At its core, a financial plan is a spreadsheet with a forecast of your financial life all the way past retirement to your life expectancy. It looks (and works) a lot like the budget or accounting statements for a company. –You start off with the assets and deb...
Here are 28 retirement investing tips from today's greatest financial minds. Just one of these lessons might make your dream retirement a reality!
The five key areas of financial planning are estate planning, retirement planning, self-protection/risk management such as insurance, tax planning, and investment planning. The Bottom Line A financial plan is an essential tool for your financial well-being, both now and into the future. It invol...
In theCurrent FI Savingssection of the spreadsheet, there are spaces to enter your current balance in any dedicated retirement/financial independence accounts, as well as those for your spouse or partner. Once you have entered your current balance for each account, theCurrent FI Savingsfield in ...
Proper financial and retirement planning starts with goal setting, including short-, intermediate-, and long-term goals. Key short-term goals include setting a budget, reducing debt, and starting an emergency fund. Medium-term goals should include key insurance policies, while long-term goals need...
Help your clients analyze their retirement needs. Click below to try the personal-use version and learn more about what the commercial version includes. Learn More > Screenshot #4 Personal Financial Statement Use this spreadsheet to create a detailed personal financial statement for a client, includ...
The Mad Fientist's blog explores advanced strategies for achieving financial independence and early retirement as quickly and efficiently as possible!