A few years ago, when we turned 50, we were greeted by invitations to join AARP, the American Association for Retired Persons. My birthday is 8 months before my wife’s, but for some reason hers came first. We didn’t join the organization, even though it’s only about $15 a month. I didn’t even give it much consideration, even though I’ve checked out personal finance articles … Continue reading AARP – Worth It?
Last week Americans voted in the midterm elections, which yielded a ‘comeback’ for Democrats and a split legislature in Washington DC. The media weren’t sure what impact that would have on investors, with MSNBC publishing two articles (within hours of each other) stating that the likely government gridlock was both the BEST and WORST thing that could happen to Wall Street. A week later is … Continue reading Mid-Term Elections – Historical Impact on Investors?
The stock market is off to a nice clip so far this year with the S&P 500 and International EFEA up more than 5% in less than two months. Things are moving so fast that I am already losing my bet on where the market will be on the Fourth of July this year, as I wagered on less than 4.5% growth.. Our portfolio doesn’t … Continue reading FIRE Station Fun – Patient Profits
On Sunday’s CBS 60 Minutes, they reported that 82% of likely voters are more disgusted than excited for the election. Regardless of your politics, neither candidate gets high marks for trustworthiness and there is a lack of confidence that the country is heading in the right direction. On this day before Election Day, I thought I would comment on the four key things that will … Continue reading What The New President and Congress Need To Address
For many people, travel is one of the KEY reasons they pursue early retirement. This article from CNBC shows it as the top thing people look forward to in retirement. I’ve been talking a lot to people about their post-FIRE travel plans and all of the interesting places they have gone and hope to go to. One friend has a terrific trip to Europe planned … Continue reading FIRE Station Fun – Travel Experiences
I’m not typically too much of a worrier. I can be pretty analytical and objective in making decisions and don’t let my emotions get the best of me too often. In approaching the big decision that we made this year – to early retire and enjoy a life of financial independence – I used a number of analytical lenses to ‘pressure test’ the possibilities. Once … Continue reading FIRE Station Fun – No Worries
My former boss at MegaCorp announced his pending retirement last week. It was big news with a number of people calling me and telling me about it from the office. He was immediately moved out of his role and put into ‘special projects’ until his final day on April Fool’s 2017. It’s exactly one year from when I departed, although I didn’t come close to … Continue reading From The Office Door To Door County
We are heading to Green Bay to see a Packer game this weekend and spend a few nights in Wisconsin’s Door County. In preparation, I’ve been reading a book about Packer great Bart Starr and the glory days of the team in the 1960s. Coach Vince Lombardi led the team to five NFL championships in seven years and was famous for his quote on winning … Continue reading FIRE Station Fun – Winning Attitude
More than 15 years ago, some colleagues and I were talking about how effective we were in building our savings. We were all making a good living, but some were more successful in building their net worth than others. One colleague – a single guy with a snappy car – mentioned that he started out being a good saver, but had recently been spending too much … Continue reading Stop Saving, Start Spending In Retirement?
This post is part of the MrFireStation.com series called Life After FIRE … For MANY years, when we would go to church the weekly program would announce what the Retired Men’s Group was doing that month. It sounded FUN. They were golfing, they were listening to an expert on a local business or project, they were raising money for a good cause,or they had a speaker … Continue reading Life After FIRE – Fitting In