Pandemic Impact on Early Retirement

It’s hard to believe that we are well into Year 3 of the CV19 pandemic. While cases & fatalities are about the same as this time last year, the lead headlines have moved onto the economy – particularly inflation and unemployment. The jobs situation is a bit of a question mark to me. The unemployment rate is very low, mostly as a function of less … Continue reading Pandemic Impact on Early Retirement

Accruing For Home Repairs – Spreadsheet Download

A few weeks ago, I published an article about the financial surprise of big repairs and expenses around the house. In the comments, regular reader, Thom, mentioned that he forecasts and accrues for these ‘personal capital expenditures’ – which can occur over years and decades – on an annual basis. The key to his approach is a spreadsheet that lists all of the major components … Continue reading Accruing For Home Repairs – Spreadsheet Download

Earlier, Longer, Just Right?

It’s hard for folks to decide when to make the jump into retirement, so I was intrigued by a recent question on earlyretirement.org asking folks if they wish they would have retired earlier or worked a bit longer? About 65 people answered the question and I tallied the results below (taking out a few responses of people who weren’t retired yet) … – 36% said … Continue reading Earlier, Longer, Just Right?

Retirement Savings – Benchmarks & Goals

When I was starting in my career, it wasn’t clear to me how much we should have saved in our twenties & thirties. This was before the Internet and there was a real dearth of useful information available. Recently, my former MegaCorp Boss sent me an interesting article from Quicken that shared the median retirement savings and savings goals decade by decade for Americans. I … Continue reading Retirement Savings – Benchmarks & Goals