Making fewer things matter helps you focus attention and ward off FOMO and sales pitches. You’ve made it when you can afford all the “mistakes.”
Social Security Administration added an interactive chart in the online account but a third-party tool still does a much better job.
High taxes when you’re working doesn’t mean high taxes when you stop. California may very well be a retiree-friendly low-tax state.
Having both current income and an investment portfolio makes you financially more secure. That’s the smart way to do FIRE.
Reject FOMO. Go at your own pace in preparing for retirement.
A portfolio withdrawal setup is not complicated. Many parts are already familiar. The variable percentage withdrawal method automatically adapts.
Pivoting when you are financially comfortable offers a safer and more enjoyable path to a second childhood.
Retiring early is always an option. You choose where to draw the line between freedom and lifestyle.
Employment income to net worth ratio explains whether a person decides to retire or keep working.
The special rule for no-penalty withdrawals from a 401k plan at 55 actually isn’t that useful.
There are no wrong choices as long as they are conscious choices.
The biggest rock in person finance is larger than everything else combined. Don’t get distracted and take your eyes off the ball.