I’ve been a student of finance and investing for my entire adult life. This is what I do for fun on Saturday nights. But I may have focused too much on retirement age as a financial goal. Early on, I could have focused more attention on finding a career from which I did not want...
In accordance with article 31 of the UNJSPF Regulations, a withdrawal settlement shall be payable to a participant of the Pension Fund whose age on separation is less than the normal retirement age, or if the participant is the normal retirement age or more on separation but is not entitled...
If I was Rachel, I'd either ask for a sabbatical or dial back work to 40 hours a week for less compensation if she cannot outperform. Making less money with less stress, fewer hours, and a lower effective tax rate sounds so much more reasonable. They'll have to cut down on entertainm...
But I did not do so because spending time on the book had necessitated spending less time on Financial Samurai. I felt like I had to catch up on some neglected items, such as updating old posts and cleaning up backend technical stuff. 4) A large new bill came At two years nine months...
I’ve never seen someone who consistently spend less than they earn go broke. Not a single person. On average, good savers are those who are willing to take more risks, face adverse market conditions, and handle life curve balls.
It’s pretty amazing that he can take years off of an already short working career without earning more, spending less, or taking on any additional risk! Taxes The reason these seemingly subtle changes have such a big impact is because they decrease the amount of money spent on taxes and ...
“RIP, it’s less than 1 BTC…” Yeah, it doesn’t seem much… but I’m definitely not buying 1 BTC with my fun money Of course investing my Fun Money is lower priority than putting back on track my long and short term funds, which means I have no idea at the moment what I’...
(Keep in mind that while you calculate your retirement cash flow, you have to considerwhether or not you rely on that income going forward. That is a separate yet highly important topic on it’s own.) For our example, let’s assume you’ll have social security and pension income of $...
At first, we weren’t sure we could write a book geared toward 8-12 year olds since we don’t have children, but I’m really glad we decided to take it on. This book was a lot more challenging than our first one, because we wanted it not only to be educational, but also interes...
The key here is after tax income and what you live on. The default, base case scenario is that one can live off 50% of their after tax income. Living off less for an extended period of time without making more than $100,000 a year is not very realistic or sustainable. ...