I’m always in search of FIRE (Financial Independence Retire Early). Even though I left work in 2012, it’s now becoming more of a struggle to stay retired now that I have two kids. It hit me the other day that I’ve got to get my act together if I plan to retire a second time […]
In Search Of FIRE: Financial Samurai Retirement Portfolio Review Read More »
I retired three months before my 35th birthday in 2012 and I’d like to share several lessons that have given me the option to never have to go back to a day job again. In retirement, I’ve been able to travel to over 25 new countries (60+ total), write a severance negotiation book, build a
The Top Five Moves To Make In Your 20s If You Want To Retire Early Read More »
Congrats on your impending retirement! I retired in 2012 and have generally experienced a wonderful time since leaving my investment banking job of 13 years. In the beginning, you might not know what to do with yourself given you’ll have so much free time. But you’ll naturally find new things you enjoy to occupy your
Retirement Planning Checklist: 5 Important Things To Do Before Retiring Read More »
Plan for retirement so you can live well when you no longer can or desire to work. This post will show you how to plan for that inevitable day. The main reason why I’ve gotten more conservative with my investments is not because valuation for the S&P 500 is near an all-time high and earnings
How To Plan For Your Retirement The Second Time Around Read More »
Whether you are unemployed by choice or due to unfortunate circumstance, having health insurance is a must. According to The American Journal Of Medicine, 62% of all bankruptcies in 2007 were health related and that’s before the economic meltdown. What’s more frightening is that back in 2001, health related bankruptcies were “only” 45% of total.
Cheap Health Insurance Options For The Unemployed, Self-Employed, Or Early Retiree Read More »
The fear of running out of money in retirement is a rational one. After all, you’ve spent your entire career making and saving money, not pilfering your retirement accounts. But as someone who has been retired, or at least semi retired since 2012, I’m here to tell you the fear of running out of money
The Fear Of Running Out Of Money In Retirement Is Overblown Read More »
In theory, the maximum possible Social Security benefit in 2021 for someone who retires at full retirement age is $3,148, up 2.6% YoY. However, in order to collect the maximum benefit, you would need to earn the maximum taxable amount for 35 total years. Given the maximum taxable amount was $142,800 for 2021, this was no easy feat. According
The Average Social Security Benefit Is Not Enough For Retirement Read More »
Let’s look at ways to add more income to a retirement portfolio. After all, as a retiree, your main goal is to live off your passive income so you don’t ever have to work again. I retired in 2012 with about $80,000 in passive income. However, now that I have a non-working spouse and two
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It’s a worthwhile goal to be great at something – top one percent great. Being a jack of all trades, master of none is an excuse many of us use because we aren’t willing to try harder. We know this, so we settle for good enough. Good enough is good enough if you’re content. But
Why Settle For A Good Retirement, When You Can Go For A Great One? Read More »
In my 9th year of early retirement, I realized I made a serious mistake that cost me $500,000+. Let me tell you what happened so you don’t do the same. The biggest financial mistake early retirees make are often realized until way after the fact. Estimated Passive Income In Retirement When I left Corporate America
One Of The Biggest Financial Mistakes Early Retirees Make Read More »
