I’m Retiring Today!

  I’ve finally made the decision.  I’m retiring!  Time is precious.  It’s a scarce resource we can never get more of.  Many people (and it’s hard to argue) consider time to be the currency of true wealth, and the ability to spend it how we want as the ultimate luxury.  There are so many important things I want to spend time on that I have to be ruthless in how I allocate my time “spending”. So I’ve decided to stop working on this blog!   I’ve…

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There are Many Flavors of Investing. Find your Favorite.

  This post is for those earlier in their financial independence (FI) journey who have graduated from a focus on paying down debt, building a small emergency fund and getting any employer 401K contribution match (if you’re lucky enough to get this), and are now faced with the nice problem of figuring out where to invest the extra income each month.   This is typically a time of anxiety.  You feel like you’re putting your hard-earned money…

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One of the best reasons to pursue early financial independence

  There are many benefits to becoming financially independent (FI).   Duh, you say?   Well, yes, it’s pretty obvious that the freedom of not being dependent on a job to pay for your lifestyle is pretty great for a lot of reasons.  You can find top 10 and other such lists of these reasons on the internet with a quick search.   But these lists tend to be matter-of-fact and obvious.   If you’re…

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Growing our wealth while paying expenses and not having a job.

  Decumulation is the technical term for spending down one’s assets. It’s the opposite of the accumulation phase of building up those assets.  So typically it’s the point at which you transition from your job income that is both paying your living expenses and allowing you to save money, to where your savings now need to pay for your living expenses.  Your net worth slowly declines as you spend the money you saved.  It’s a stark transition…

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