‘Marshmallow Test’ For Early Retirement

Look at these two questions used in a new study (of 3,000 people) of people approaching retirement and think about how you might answer them … 1. You just learned that you are due a tax refund. If you’d like, you can get the $1,000 refund right away. Alternatively, you can get a $1,100 refund…

FIRE Station Fun – Black Friday Craziness

Today’s graphic is purely tongue-in-cheek.  The fact is, I like Black Friday sales.  I even went shopping last night when the Target store opened at 6:00pm on Thanksgiving to kick off the holiday retail season.  I wasn’t the only one there, of course, there were likely more than a thousand people waiting in line to…

FIRE Milestones – Dollar Number or Date?

How do you decide when you are ready to retire?  For some, it is when you reach a certain number of dollars – your ‘F-Off’ number that represents financial independence.  For others, it is a specific date,  Come hell-or-high water, they are going to walk off the job on the date they’ve always planned –…

FIRE Station Fun – Opening Doors

Next week is Thanksgiving and while the years can certainly have their ups-and-downs, I continue to have a lot to be thankful for – both the people in my life and the blessings we have received.  When I reflect back on our journey to financial  independence and retiring early (FIRE), I think a lot about…

Free To Choose – Economist Milton Friedman

With the Presidential election behind us and a new one-party led government in Washington DC, it is likely we will see much more change on economic policies than we seen in almost a decade.  I’m excited to see if the new President and Congress take action on some of the four areas outlined in my…