May 30, 2020
- Its Memorial Day (5am Joel); Honor and remember those who gave their lives for your freedom.
- What its like not having to work on Monday (Clipping Chains); What its like to finally achieve FIRE.
- Master Delayed Gratification to achieve FI (Accidental Fire); How the folks who have mastered delayed gratification are on their way; it’s the first step towards achieving financial independence.
- Are we facing a retirement crisis? (Retirement Manifesto); He goes through the dismal numbers of so many folks who have not saved or prepared for retirement. I’d also lump in the fact that the government pension systems in so many states is in dismal shape due to decades of underfunding.
- No one ever got rich by being frugal (Retire by 40); Another article that states individuals need to focus not just on being frugal, but on increasing their income, via raises, side hustles, etc. Can’t argue with it.
- For Long term investors, stocks are the only option (evidence investor); Similar to my early posting, the article notes that “bonds pay nothing” and “cash is trash.” Only stocks may assist you with the potential of inflation.
- How to negotiate a mini-retirement (millennial money); Some things don’t fit into a 2-week vacation. How to go about negotiating an extended time off of work
- Three retirement needs you must satisfy (ESI Money); Talks about the three “needs” that jobs inadvertently fill that we need for retirement – structure, purpose, sense of community.
- Here comes inflation or deflation (full time finance); Discussion on the potential and resulting situations based on inflation or deflation in the economy.
- What to do when the novelty of frugality wears off (The simple dollar); Something in line with the FIRE burnout article I wrote about previously. People should not be so frugal that they forget to live their lives as they pursue FI.
Nice group of posts. On the retirement front, I have been reading Dan Amerman’s stuff around the often overlooked bite that inflation and taxation takes on returns. Ray Dalio has also been posting a lot on the history of governments and markets, which is interesting given the volatility today.
Interesting. Could you send me some links – its a good topic.
http://danielamerman.com/ – I get his newsletter that walks thru the different analyses. It’s been super interesting.
Thanks. Put your latest article on my links page this week. Very good!
Wow, thank you so much — I’m glad you liked the post. The estate planning process has been exhausting. I’m glad we started (it’s not done yet) and it was cathartic to write everything down!