Gather round, self-employed people. If you’re not contributing to an Individual 401(k) (also called a Solo 401k) and your goal is early retirement, I am about to change your life.
Top Ten Early Retirement Activities
Occasionally, when I reveal our early retirement game plan to a friend or family member, someone will ask me if I’m afraid I’ll be bored in early retirement. In actuality, I anticipate being much more busy! Here are my top ten early retirement activities.
Infographic: How to Retire Early
It’s not easy to explain that you want to retire early. It’s even more difficult to explain how. I’m trying an experiment with infographics to see if I can cover a few of the common questions people have when they’re trying to decide whether retiring early is possible.
How Should a 20 Year Old Invest?
Can a 20 year old invest for the future, even without a regular paycheck, a 401(k), and with only a tiny amount to begin? Yes, Absolutely! Recently, a young member of my family gave me the following set of goals…
Investment Policy Statement: A User’s Guide
An investment policy statement is a short document with a simple purpose: to give the individual investor a blueprint for their long-term investing that is tailored to their risk tolerance. To the beginning investor, the market can seem terrifying and…
July 2015 Financial Statement: A Starting Point
I’m planning to share real-world numbers for my assets, debts, and retirement accounts going forward formatted as a monthly financial statement. You’ll have to bear with me as I didn’t have all the information organized with last month’s balances on…
Retire Abroad: July 2015 ($774)
The Retire Abroad series inspired me to build a special tool for the FIRE community: The Earth Awaits. It’s a tool made to build you budgets for hundreds of cities worldwide, taking your family size, budget, housing needs, and a…
Setting Goals: How Will I Know When I’m Ready to Retire Early?
You may have noticed the progress bars to the right of this article. In order they show: The total amount we could safely withdraw monthly in retirement if we quit today The portion of that income coming from rental properties…