The Washington Post columnist, Ezra Klein, once quipped that our Federal Government should be described as an “insurance company with an army”. If you look at government spending, it is dominated by social insurance programs (Social Security & Medicare) and military spending. Combined, these two areas account for about 75% of Washington DC’s annual outlays. The billions of dollars of COVID-19 ‘stimulus checks’ that are … Continue reading Our National Savings Dilemma
Many are calling the COVID-19 crisis the end of the FIRE movement (financially independent, retired early). The narrative is that no one can now afford to retire early since the market fell apart last month. Many expect that we’ll see a huge number of people retiring much later, but I don’t think that will be the case. First, the average age of retirement has not … Continue reading Time To Put Off Retirement?
Our son was involved in Boy Scouts and earned his Eagle Scout rank. At the time he was in Scouts, the Wall Street Journal ran an article that called Eagle Scout projects the “largest single youth-service project in history” and that they had touched “every community in America in an important way”. Discussion of the Scout’s tradition of service came up recently when I was … Continue reading Lifestage of Service
Truthfully, CV-19 quarantining isn’t that much different than early retirement life. Sure, you can’t go out to eat with friends, weekly sports leagues and activities are cancelled, and the TV news is hideous to watch, but we can still get out and take walks, work on projects at home, and other daily diversions. Life is only boring if you are boring! Like many Americans, I’ve … Continue reading A ‘Much Too Early’ Prediction …
I love looking at long-term trend charts. In our less than 24 hour news cycle, we often lose sight of the actual arc of history. This is especially true in an election year when pol-idiots in the media broadcast nothing but doom and gloom. This chart is very interesting … … it simply shows what has gotten more expensive of more affordable relative to everything … Continue reading Two Decades of Inflation
I written a lot about early retirement feeling like a second childhood. Living in ‘kidulthood’ – without the obligations of work – means enjoying childish activities with the resources and smarts of a grown-up. Related: Living In Kidulthood One area that it is important for me to grow up is in my eating habits. Though I worked for a food company for 24 years, I … Continue reading Suddenly … Salads
I love the change of seasons from month-to-month in Minnesota. Winter, spring, summer, or fall – there are always unique and interesting things to do that capture the spirit of the season. Over the last few years of early retirement, November has become ‘hunting season’ for me – hunting through antique shops for vintage, Shiny Brite ornaments from the 1940s – 1950s. These vintage treasures … Continue reading Shiny Brite ‘Hunting Season’
A MegaCorp friend and I are trying to plan a happy hour to catch up, but as is often the case for many these days, she is stuck getting ready for a ‘big meeting’. I can easily remember the meeting-to-meeting work life of MegaCorp and how I might go to 8, 9, or 10 meetings in a day. In between small meetings, I would be … Continue reading Pointless Meetings Are ‘Therapy’?
I sent this picture of a Porsche Cayman S with a ‘NO KIDS’ license plate to my MegaCorp boss a few years ago. He’s a Porsche guy and he and his wife don’t have kids of their own. His reply was insightful … “One wife, too!” I wouldn’t recommend making significant life decisions based purely on dollar and cents, but that doesn’t mean that many … Continue reading No Kids? One Wife?
We were recently traveling in Europe with some good friends and came across a number of these Renaissance town clocks that featured only one big hand. They have 12 hours like every other clock, but they lack a little hand to point to the exact minute between the hours. My friend just retired about five months ago and we first noticed one of these clocks … Continue reading Big Hand Only Lifestyle