Going through a pre-retirement checklist to prepare for post-pandemic life is a smart move. Like packing for a long trip, it’s easy to forget something you may end up regretting not bringing without such a checklist. Personally, I’m planning on re-retiring soon, hence the reason why I wrote this post. Retiring from a job after […]
A Pre-Retirement Checklist For Post-Pandemic Life Read More »
The ideal withdrawal rate for retirement does not touch principal. Ideally, you want to live off your retirement principal income for the rest of your life. This way, you won’t have to stress about running out of money. Further, if you never touch principal, you can leave a legacy for your children and charities following
The Ideal Withdrawal Rate For Retirement Does Not Touch Principal Read More »
The ideal financial scenario in retirement is steady income and conservative returns. Financial loss creates stress. And given stress kills, your goal as a retiree should be to remove as much stress from your life as possible. The older and wealthier you get, the more you want to move your money into the background of
The Ideal Financial Scenario In Retirement: Conservative Returns, Steady Income Read More »
There are two different retirement philosophies that will determine your safe withdrawal rate. It is up to you to decide which retirement philosophy is best for you. There is no right or wrong retirement philosophy. The first retirement philosophy is to spend all your money before you die. In other words, you wish to accomplish
Two Retirement Philosophies Will Determine Your Safe Withdrawal Rate Read More »
Curious to know the ideal net worth for retirement? As someone fake retired in 2012 at age 34 with $3 million, let me tell you. $10 million sounds like the ideal amount of money to retire with. I was talking to a tennis friend of mine who said his sister checked out once she cleared
10 Million Dollars: The Ideal Net Worth Amount For Retirement? Read More »
Are you wondering is five million dollars enough to retire comfortably? Five million dollars is a lot of money. But depending on where you live, when you retire, and how many dependents you have, five million dollars may not be enough to retire comfortably. Today, $3 million is the new $1 million, largely due to
Is Five Million Dollars Enough To Retire Comfortably Or Early? Read More »
As someone who plans to re-retire under the Biden administration after grinding during the pandemic, I’ve been thinking about how much investment risk to take in retirement. You see, once you retire, your goal is to stay retired and enjoy the rest of your life free of financial worry. Tone down investment risk if you’re
How Much Investment Risk To Take In Retirement: Different Portfolios Read More »
As someone who helped ignite the modern day FIRE movement back in 2009 when Financial Samurai began, I’m amazed at how popular the movement has come! There are so many different types of FIRE to fit different people’s lifestyles. Today, we’ll discuss what is Coast FIRE and whether it’s the right type of FIRE for
What Is Coast FIRE And Is It The Right Retirement Path For You? Read More »
If there’s one thing I love to do, it’s plan for retirement before retirement and during retirement. The more you can plan for retirement, the more retirement success you will likely have. In the old days, I would write everything out on a spreadsheet and update each line item every month. Fortunately, more fintech companies
NewRetirement Review: An Excellent Retirement Tool Read More »
Suze Orman is right. In order to retire early, you need at least $5 million in investable assets. With interest rates so low, it takes a lot more capital to generate the same amount of risk-adjusted income. Before the coronavirus pandemic, there was maximum Fear Of Missing Out (FOMO) with the Financial Independence Retire Early
Suze Orman Is Right: You Need $5 Million Or More To Retire Early Read More »
