Retirement

The right asset-to-liability ratio is important if you want to retire comfortably or achieve financial independence. If your ratio is too low, you may stress too much about your finances because you have too much debt. If your ratio is too high, you might not be taking enough advantage of enough cheap debt to get […]

Given our primary residence is likely one of our largest assets, buying responsibly is prudent. At the same time, living a better lifestyle by owning a nicer home as we get wealthier is also something many people desire. Therefore, let’s try and figure out what our appropriate primary residence value should be as a percentage

Today’s guest post is from Jim at Route To Retire, an early retiree. His family of three decided to leverage international geoarbitrage to start a brand new life in Panama. Jim is living a life that I eventually want to try once both our kids are old enough to remember their adventures (5+). If you’ve

Imagine retiring by age 40. You may have to prepare for a 50-year retirement! Traditionally, the average American retires by age 65 and prepares for a 20-25-year retirement. However, with the median life expectancy increasing and more people desiring to retire earlier, we must plan for even more unknowns. Further, return assumptions for stocks, bonds,

The best way to achieve financial freedom is to make more money. You can only save so much on a capped income. And one of the best ways to make more money is to side hustle! No longer should we just rely on a day job to thrive. The more income streams you could develop,

When I first started writing about FIRE (Financial Independence Retire Early) in 2009, my main goal was to first survive the Global Financial Crisis. If I did, then I would find some way to permanently change my life for good. Back then, the FIRE movement was a bear market phenomenon. Plenty of people were getting

1H 2021 turned out to be a raging bull market! The S&P 500 closed up 14.4%. At the beginning of the year, I had predicted an 8% rise in the index. However, my original year-end target price of 4,088 was quickly breached by early April. Then, after 1Q 2021, I upgraded my year-end target to

According to Credit Suisse, the global number of millionaires expanded by 5.2 million to reach 56.1 million in 2020. That’s a 9.8% increase in the number of millionaires since the pandemic began. In 2022, the number of millionaires in the world is likely closer to 60 million given how strong stocks, real estate, and other

One of the sad realizations I’ve had post-vaccination is that my life won’t really change. Although my family has some financial security and no bosses to report to, I’m not sure we will truly be free unless our loved ones are also free. The first thing I did after getting my second shot was try