FIRE Politics – Seize The Rich?

I visited with a friend over a beer last week and we discussed a lot of things, including – inevitably – national politics.  As I wrote in my election day post about what the next President needs to do, I argued that the most important issue is government out of control spending.  Rein in the spending,…

US Government’s Wasteful Spending Problem

I find that regardless of your political leanings, people continually frustrated by wasted government spending and what it means for the national debt.  The debt, which was a trillion dollars in Reagan’s time, is now about $20T (it has risen at a shocking 8.4% annual clip). Despite today’s quote, Reagan himself substantially overspent during his…

‘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…

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…