Do You Have A Financial Advisor?

A survey in a recent online group asked early retirees if they work with a professional financial advisor. I was surprised to see that the great majority (about two-thirds) of folks did not. While I always tell people you need to be knowledgeable enough to be your own primary financial advisor, it’s nice to have a professional financial advisor as a secondary resource. That is, … Continue reading Do You Have A Financial Advisor?

Health Insurance – Open Enrollment

I think we’ve made it!  The biggest concern that most early retirees have is how they will manage the cost of health insurance between leaving MegaCorp and gaining retiree benefits or Medicare eligibility.  It’s a topic I’ve provided many updates on over the last 5 years because health insurance is an expensive and dynamic market. This is the last year of open enrollment where we … Continue reading Health Insurance – Open Enrollment

Historical Millionaires, Billionaires, and Trillionaires

When we first reached ‘millionaire status’ I was pretty excited. As I wrote later, while our inflationary world doesn’t mean we live like Rockefellers, Vanderbilts, or other millionaires of old, it still put us in the top 0.56% of the world, in terms of wealth. Related:  FIRE Milestones – Reaching Millionaire Status I hope it’s not too crass to compare oneself to see where one … Continue reading Historical Millionaires, Billionaires, and Trillionaires

How Long Can FIRE Last?

If you are like me, you sometimes see articles in the personal finance press about people who are very young – in their 30s and 40s – who have quit their jobs and declared themselves FIRE’d (financially independent & retired early). Recently, ABC’s Good Morning America ran this piece on a couple who retired very young and the ‘secret strategies’ they want to share with … Continue reading How Long Can FIRE Last?

Tracking MegaCorp Performance

I worked for three companies during the course of my career. I spent 12 years at the first, was ‘acquired’ by the second (where I spent another 12 years), and capped off my career at the third (for 3 years). All three were large, multinational ‘MegaCorps’ and blue-chip companies. Even though it’s been almost 4 years since I wound down my last days at my … Continue reading Tracking MegaCorp Performance