Category Archives: Qualified/Retirement

Why Corey Doesn’t Want To Become a Millionaire

Editor’s Note:  I usually put an indication at the end of a post whether it is a guest post, however, considering the title I felt like notice should be moved up.  This was a guest post from Corey at Passive Income to Retire, where he tracks his progress to retire by the age of 27. In…

Early Extreme Retirement Loses Its Biggest Proponent

A little over a year ago I wrote about my problems with a personal finance trend commonly referred to as “Early Retirement Extreme.”  It still remains a pretty popular post with a few comments from the movement’s most popular proponent, Jacob Lund Fisker.  Within that post and the subsequent 50+ comments I laid out the…

I Don’t Understand the Safe Withdrawal Rate Discussion

It isn’t hard to find an article that discusses Safe Withdrawal rates, but I am not exactly sure why it is such a hot topic in retirement planning.  Investopedia provides a pretty succinct definition of the Safe Withdrawal Rate (which they refer to as the 4% rule), What Does Four Percent Rule Mean? A rule…

Increasing my 401(k) Contributions to Avoid Leaving Money on the Table

I mentioned about a month ago I would open my books a bit more so I can look back at my archives and understand where I came from.  In both my goals and objectives for 2011 and my halfway update for those goals I mentioned that I contribute the amount to my 401(k) which garners…

Building a Personal Pension Like the Professionals

I think one of the biggest problems that baby boomers are going to encounter is transitioning from accumulation to decumulation.   At 30 I am still young, but it has to be an odd feeling moving from the gathering of assets to partitioning which assets to spend and when.  I recently read an article in Investment…

How Much Will Your Expenses Be in Retirement?

There has been a trend in retirement planning that I don’t particularly understand, the trend is propagated by the main stream financial companies/publications that look for easy answers that are not so easy.  In retirement planning you don’t need 50%, 60%, 70%, 80%, 90% or 100% of your pre-retirement income.  During retirement you need the…