Hedge funds get a bad wrap. due to relative underperformance, high fees, and huge paydays for hedge fund managers. However, investing in a hedge fund helped save my retirement portfolio during the 2000 dotcom collapse. One of the benefits of working at an investment bank is gaining access to a variety of investment opportunities that retail […]
How Investing In A Hedge Fund Saved My Retirement Portfolio Read More »
Are you wondering which states are best for retirement? As a retiree since 2012 let me share the best states for retirement based on taxes, weather, and lifestyle. My method for calculating the best states for retirement are objective and logical. In retirement, you want to live in a place that has reasonable taxes. Every
Which States Are Best For Retirement? Read More »
There are good times to retire early and then there are bad times to retire early. I’d like to highlight the worst times to retire early to prevent you from living a suboptimal life. As someone who kickstarted the FIRE movement in 2009 with the launch of Financial Samurai, retired in 2012 and mentally un-retired
Top 10 Worst Times To Retire Early (Or Retire Normally) Read More »
There are three retirement goals to shoot for in order to comfortably walk away from your day job and remain retired. They are: Accumulate 25X your annual expenses Accumulate 20X your annual household income Be able to live off a 0.5% annual withdrawal rate Instead of viewing these retirement goals as at odds with each
Reconciling Three Retirement Goals: 25X Expenses, 20X Income, 0.5% Withdrawal Read More »
Partially due to the pandemic, partly due to larger balances, more people are wondering whether they should withdraw funds from a 401k or IRA before retirement to help pay for life. There are plenty of reasons to withdraw money from a 401k or IRA early. Unfortunately, some people go too far and end up using
Legitimate Reasons To Withdraw Funds From A 401k Or IRA Early Read More »
Hopefully, everyone who has access to a 401k is contributing to a 401k. To not do so is a mistake you don’t want to realize when you’re old and unwilling or unable to work. This post will discuss all the top 401k mistakes that hurt your retirement. Let us be clear. The government isn’t going
Top 401k Mistakes That Hurt Your Retirement Read More »
If you want to retire early, you must maximize the value of your after-tax investments (taxable investment portfolio and real estate portfolio). It is your taxable portfolio and investments that will generate the passive income necessary to retire early. It is also the taxable portfolio that will enable you to feel secure during times of
After-Tax Investment Amounts By Age To Comfortably Retire Early Read More »
When Supreme Court Justice Ruth Bader Ginsburg died on September 18, 2020, at 87 years old, the first person I thought about was my 9-month-old daughter. I thought about how RBG fought her entire career for women’s rights so that daughters, mothers, and sisters everywhere could lead better lives. Thank you RBG! I’m not sure
Ruth Bader Ginsburg And The Importance Of A Strategic Retirement Read More »
生き甲斐, pronounced ikigai, is a Japanese concept that means “reason for being.” In other words, what makes you get up in the morning without an alarm clock because you’re so damn excited?! Ikigai is at the heart of Financial Samurai, this personal finance site I created in 2009 to hep people achieve financial freedom sooner
Ikigai Is Why You Shouldn’t Be Afraid Of Retirement Read More »
There is a downside of retiring early that many people don’t discuss. Instead, folks just focus on the positives of retiring early. Not having to work a miserable job is a dream for most people. For 13 years, I toiled away in the stressful world of investment banking that gave me constant back pain. My
The Downside Of Retiring Early: Beware Of Absolute Freedom! Read More »
