We’ve all heard about the basic retirement plan advice: get your employer match, pick the appropriate asset allocation, and check the expense ratios on the funds. There has to be more, right? Of course there is. Here are some tips for thoroughly evaluating your 401k and taking advantage of the less talked about options. 1. […]
Today is my last day at work! No more corporate rat race for me. I’ve been planning an early retirement for as long as I can remember. Those close to me have been hearing about it for years. At age 29 I left the corporate world behind and I’m embarking on a new chapter in […]
When I came up with the Unconventional Roth IRA Strategy to Lower Tax Bill I realized that to be successful I needed to track my Roth IRA money more closely. Once I dug a little deeper, I found that even if you are using the Roth IRA in a more traditional way, you still need […]
Since I announced that I quit my job and plan to leave the workforce at 29, you have been very encouraging! So it’s only natural that you have lots of questions about how it is going to work. I would like to hear more about your cash flow situation. Has your side income grown to […]
I focused on early retirement my whole adult life. Whether it was hanging out at the Early Retirement Forums the Retire Early Home Page, the old Motley Fool Retire Early forum or the Vanguard Diehards Forum, contributing crazy amounts to our retirement plan, managing our asset allocation, or creating retirement checklists, I always had one […]
I poured over spreadsheets the last couple weeks trying to decide if I could pull off the retirement. My company gave us two weeks notice before our pension plan would drop significantly. Obsessing Over the Decision It was funny, even though I kept looking at the numbers, they didn’t change! As Mike from Quest for […]
There’s a basic formula for determining when you can retire: when the withdrawals on your retirement nest egg will cover your expenses. Simple right? But what if your company wanted you to make a retirement decision, and gave you two weeks to decide? Unfortunately, that’s a situation that we’re currently facing. Our company announced a […]
Happy retirement paperwork filing day, mom! My mom is turning in her paperwork today to retire later this summer. I made her a checklist of all the things she needs to do before the big day. I expanded the list here to include planning for those of you nearing retirement (or wishing you were!). Many […]
After my husband read our net worth update, he asked why our portfolio was declining and if contributions wouldn’t offset the declines. I explained that we had reduced our savings contributions significantly in the last few years, which alarmed him. Actually, the strategy I came up with is anything but alarming. Here’s an example of […]
