If you drive, then you are probably experiencing some pain at the pump. Gas prices have skyrocketed in recent months and filling up has gotten considerably more expensive. Short of trading in your car for something more fuel efficient, is there anything you can do to save some money with your current vehicle? Here are […]
We are all aware of those pesky irregular expenses that are so hard to fit into your monthly budget because they don’t occur regularly. These bigger expenses are a challenge to plan for and it can be easy to forget about them completely because they aren’t accounted for in your monthly expenses. When it does […]
Added 7/12/2018: Nominations for the 2018 Plutus Awards are now open. If you like what you read here, please consider nominating tenfactorialrocks.com in all the relevant categories! Please submit your nominations here! Only one submission per IP address, please! Thanks a lot for your support! Howdy, folks! My last article on ‘safest’ withdrawal rate generated quite a few positive comments […]
Few things occupy the minds of our financial independence/early retirement (FIRE) community as much as safe withdrawal rate (SWR). Much digital ink and sizable amount of print ink has been spilled on this subject over the past few decades, and theories are refined with various adjustments. The consensus view – if I can call it that […]
Added 7/12/2018: Nominations for the 2018 Plutus Awards are now open. If you like what you read here, please consider nominating tenfactorialrocks.com in all the relevant categories! Please submit your nominations here! Only one submission per IP address, please! Thanks a lot for your support! The concept of stealth wealth is not new in the personal finance community. If […]
Added 7/12/2018: Nominations for the 2018 Plutus Awards are now open. If you like what you read here, please consider nominating tenfactorialrocks.com in all the relevant categories! Please submit your nominations here! Only one submission per IP address, please! Thanks a lot for your support! There..I just dated myself. If you remember “Honey, I Shrunk the Kids” movie (1989), […]
There are many seekers of financial independence and early retirement (FIRE). Many depend on financial advisors to help them reach a comfortable retirement. To reach FIRE faster, however, you may have to fire your financial advisor! I have always managed my finances on my own, and you can too. For those with any […]
Funny thing, this financial planning stuff. You are asked to guess, for the coming years or even decades, how much will you be spending every year, and how much income or growth will your money deliver, and also, when will you die! If we knew all of this with certainty, there isn’t much left to […]
After last week’s article explored why many multi-millionaires are worried about money, today we focus on another angle. Not exactly millionaires, but affluent retirees are also worried about running out of money. So, they chronically under-spend, leaving big portfolios and delighted heirs behind. Bloomberg’s article on this subject shared some interesting facts. I will […]
Recovered from my big reveal last week yet? 🙂 Today’s post is an interesting segue while revealing yet another tidbit about me. I read an article recently in The Globe & Mail, a Canadian newspaper. Yes, I do read magazines from outside the U.S. Of course, I stick with English newspapers published around […]