Kiplinger’s recent published an article that is getting a lot of buzz about their description of three different phases of retirement. They are proposing that retirees plan on spending more early – during your ‘Go-Go Years’ – versus later in retirement, when your energy & desire to be very active may decline. Calling the later two stages ‘Slow-Go’ and ‘Won’t-Go’, they propose people plan to … Continue reading Extra Spending For ‘Go-Go’ Years
One topic I write very infrequently about is Social Security. As someone who retired before my 50th birthday, it has always been something that seems too far off. Recently at an update with our financial advisor, we talked a bit about the timeline that Social Security is structured around. 62 is the earliest age at which one can take a Social Security benefit and almost … Continue reading Keep Your Benefits Locked In Social Security?
I have a really nice, black leather briefcase in my closet, but I’ve basically traded it for this compact Igloo cooler over the last three years. It’s one of the unusual lifestyle ‘swaps’ that’s happened in early retirement. When I made VP/Corporate Officer at MegaCorp more than 10 years ago, I spent a few hundred dollars on my Tumi case. It was the perfect accessory … Continue reading My New Briefcase
Our son is working at a software development company this summer. It’s his first professional job and he has one more year of college before he is finished with his computer science degree. We took him out for dinner last night and asked him what he was doing for lunch each day. He said most people in his group go out for lunch every day, … Continue reading Does It Really Pay To Be Frugal For Coffee/Lunch?
Things have now come full-circle at the FIRE Station as our son left the house this morning for his first day of ‘professional’ work. He just finished his third year of college and has a summer job / internship working at a software company. It used to be that he was the kid goofing off in the summer while I went to the office, but … Continue reading “It’s Time Someone In This House Had A Job!”
More than a year before I early retired, I published my ‘Not Bored List’ – over 150 activities that I could look forward to each year in our new FIRE lifestyle. Putting it together was a bit of a confidence test of how effectively I thought I could fill my days when I had “too much time on my hands”. After three years, I assure … Continue reading Weekly FIRE ‘Field Trips’
Once again, vacation time is in the news with a new study by the US Travel Association showing that most Americans forfeit almost a week of paid vacation per year. The study – based on a survey of over 7K workers – says that people earn an average 23.4 paid time off days/year, but take only 17.2 days off. The time forfeited equals $66.4B in … Continue reading Vacation Days – Take Them All!