On Friday, after volunteering to help with setup and enjoying a Thanksgiving meal at my children’s school, I headed to the pickleball courts from 1:30 p.m. to 4 p.m. The courts were packed! In my group, two players were in their mid-20s, and one looked to be about 35. It’s clear that the downshift is underway, as […]
Newsletter For Nov 24, 2024: Downshifting Time Of Year Read More »
I had the pleasure of speaking with Bill Bengen, creator of the “4% Rule” for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about safe withdrawal rates. So, I figured it was time we had a chat to
The 4% Rule: Clearing Up Misconceptions With Its Creator Bill Bengen Read More »
After reviewing my analysis on a conversation I had with a financial professional in 2013, I decided to take another close look at my finances. To my surprise, I uncovered a huge gap between my perceived risk tolerance and the reality of my portfolio. Since leaving work in 2012, I’ve generally seen myself as a
Uncover Your True Investment Risk Profile: It’s Not What You Think Read More »
I’ve now surpassed the one year mark since I purchased the most expensive house I could afford. Leading up to the purchase, I wrestled with uncertainty about whether buying such a home was the right move. For most, a home is the largest purchase they will ever make, bringing with it a mix of excitement
Reflecting On A Year After Purchasing A House I Didn’t Need Read More »
Dear Financial Samurai, This week’s newsletter focuses on protecting yourself and your family from harm. While researching for my post on government graft, I explored why the mayors of NYC and SF might not be tougher on crime. One possibility? Growing up in an environment where crime is commonplace might make it seem less urgent
Newsletter For October 13, 2024: Protect Yourself And Your Family Read More »
For over 10 years, my father has been my primary editor on Financial Samurai. When my father isn’t available, my wife steps in. This system has allowed me to maintain a consistent publishing schedule of three quality posts a week. Typically, I spend 1.5–3 hours writing a post. Then, my father spends 1–1.5 hours editing
Artificial Intelligence Put My Dad Out Of A Job And I’m Worried Read More »
This week’s newsletter is brought to you by Fundrise, an investment platform than enables you to invest in private real estate and private growth companies. If you’re looking to reduce volatility in your investments, you can do so by investing in private real estate. As mortgage rates decline, demand for commercial real estate tends to increase.
Newsletter For August 11, 2024: Buying The Stock Market Dip Read More »
Money dysmorphia is a negative and unrealistic perception of one’s financial wellness or position. If you have money dysmorphia, you might constantly worry about your finances, even if you are doing well for your age. One significant reason for experiencing money dysmorphia is the unhealthy comparison with others facilitated by social media platforms like Instagram,
Money Dysmorphia May Be Growing Inside You: Let’s Cure It Read More »
This week’s newsletter is brought to you by How To Engineer Your Layoff, my severance negotiation book. As the economy slows down, there will be more layoffs this winter, especially before bonus period. Hence, I recommend preparing now so you can better position yourself for the best exit package possible. Use the code “saveten” to
Financial Samurai Newsletter July 28, 2024: Easy Come Easy Go Read More »
There’s a classic saying, “Youth is wasted on the young.” It’s meant to convey that those who are young lack the perspective to appreciate all the advantages of youth and thus take it for granted. After more than seven years of being a parent, it is clear to me that not having kids is a
Not Having Kids Is Your FIRE Super Power: Don’t Blow It! Read More »
