I was excited earlier this week to see that my recent article on the added everyday cost to operate our SUV compared with a less plush ‘sensible sedan’ was recognized as one of the RockStarFinance.com’s ‘Wednesday Hits’. It wasn’t the first time that one of my articles had been linked to by the good folks at Rock Star, and I don’t know how exactly they came … Continue reading FIRE Station Fun – Not-So Rock Star Finance!
A few weeks ago, a friend and I got together for lunch at a venerable, but soon to close, local ‘Dive Bar’ to catch up. At her retirement party last fall, I told her I’d treat for lunch if she made me a list of 10 observations on what it is like to adapt to a FIRE lifestyle. I’m sharing them here as a bit … Continue reading Monday Morning Inspiration – Fresh FIRE Insights
When our son turned 21 last year, he cracked that it was probably the last ‘big birthday’ number he would be excited to reach. I asked “How about age 100?!” Reaching age 100 is a mark that most people would aspire to reach, but it is exceedingly rare. Only about 0.02% of Americans have reached that age, although a recent AIG study / ad campaign … Continue reading Saving To Live To 100?
One of the many ‘rules’ most financial experts advise is saving for your own retirement before saving for your kids’ post-secondary education. The idea is like when you are on a plane – you should put on your own oxygen mask before helping your little ones with theirs. The curiously paradoxical thing about this financial advice is that no one I have ever met seems … Continue reading Save For Retirement Before College?
The colorful and entertaining Callan ‘Periodic Table’ was recently updated with 2018 market results. It tracks the investment returns of key indices over the past two decades. The most recent year – the 20th in the chart – was challenging. As you can see, cash was king and few investments posted positive returns. I have often referred to the chart as “fascinating, but useless” because … Continue reading The Dumbest Investment Chart
This is the third (and longest) in a series of Anniversary posts marking three years since we embarked on our FIRE lifestyle (financially independent & retired early) back in 2016 … In my experience talking with people, the first considerations people have when thinking about early retirement are primarily FINANCIAL. You want to feel good about your nest egg, investments, and spending. Next is your … Continue reading Third FIRE Anniversary (3) – Go Your Own Way
We went from sunny and 68-degrees on Tuesday this week to an 8 inch snowstorm in just 24 hours this week. That’s life in Minnesota. As I was shoveling snow off the front porch this morning, I found a lawn service flyer on the handle of my door. I have always mowed my own lawn – sometimes with help from my wife & son. We … Continue reading Lawn Mowing Savings = 1 Year Of Work!