Fertilize The Family Tree?

The personal finance radio host Dave Ramsey often talks about creating ‘generational wealth’ as the final step in his Total Money Makeover. He encourages people to think about how they can fundamentally “change their family tree” by building an uber portfolio that allows them to pass money on to their kids and even grandkids. I like to listen to Dave Ramsey and think he generally … Continue reading Fertilize The Family Tree?

Capital Gains Taxes – A Slippery Slope for Retirees?

After President Biden was elected, I went through his proposals and could not find any that really would affect me directly in a negative way. The one concern I noted – before the Republicans lost power in the Senate – was a change in the capital gains tax. Now that we have one-party control in Washington DC – which is always scary – talk of … Continue reading Capital Gains Taxes – A Slippery Slope for Retirees?

25 Proven Moves To Reach Financial Independence

Reaching financial independence requires a combination of good choices and good fortune. Even the best laid plans sometimes go awry, but if you aren’t making smart decisions along the way, it won’t matter. Recently a post on the early-retirement.org forum asked “what changes/sacrifices did you make to reach financial independence?” In general, the folks responding are a very successful group of early retirees and their … Continue reading 25 Proven Moves To Reach Financial Independence

Checking The Boxes Of Early Retirement

My son got me this nifty LEGO Architecture model for my birthday this past week. We’ve visited London several times as a family and he knows I love to build LEGO. We’ve built lots of sets together. He didn’t know that I had actually gotten a shelf at IKEA to start building something like this almost 5 years ago. I had the idea to build … Continue reading Checking The Boxes Of Early Retirement

How Much Is That Doggy In The Window?

How much does it cost to add a pet to the family? Like most things, the answer is “it depends”. We looked at dogs that would be close to free and ones that cost more than $3K before inviting Riley into our house. Then there is the cost of vet visits, supplies, dog food, and grooming. I found this helpful survey online that surveyed 1,300 … Continue reading How Much Is That Doggy In The Window?