How Fast Are Prices Really Rising?

Inflation is one of the assumptions that our FIRE financial model is the most sensitive to. Even a half percent change in inflation over a 40 year retirement plan is hugely significant. We use an assumption that our spending inflation will be between 2.5-3.0% a year, which is slightly higher than what the official US Consumer Price Index (CPI) has averaged. I’ve read articles in … Continue reading How Fast Are Prices Really Rising?

Summer Family Reading Club

People are doing all kinds of things to improve themselves during the pandemic and ‘Great Lockdown’.  They are learning new skills, taking up interesting hobbies, and trying to improve their fitness.  One effort I am making is to read more books. I recently saw a news report that if you read just a half hour a day, you will be 1,600 books smarter throughout your … Continue reading Summer Family Reading Club

Hardly Linked to LinkedIn Anymore

I’ve written before that for me, social media plays a very positive role in early retirement for keeping in touch with people. I’m pretty tech-involved and use a number of different platforms – Facebook, Instagram, Twitter, Snapchat, and LinkedIn – in pretty different ways and different amounts of engagement. Related: Social Media in FIRE The one platform that I use the least is LinkedIn. My … Continue reading Hardly Linked to LinkedIn Anymore

Yes, We Have The Time, Will We Use It Productively?

“I wish I had the time” has become an ironic phrase for so many folks now stuck at home during the coronavirus crisis. Suddenly, there is time to get after all of the projects you never had time for … but will we? Perhaps Anna Kendrick has it right … We’ve gotten some projects done at home in the last month, but there is a … Continue reading Yes, We Have The Time, Will We Use It Productively?