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…
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…
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…
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…
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…
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…
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