If you received $1 million tomorrow, what would you do? How will taxes work? How much should you save from it? Will this windfall enable you to be set for life?[Read more...] about What Should You Do With a Sudden Windfall?
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What’s the Difference Between Fire, Lean Fire, and Fat Fire?
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9 min read.
Data, Financial Independence, Featured, Blog, Minafi, Canonical.
28 Comments
People use the terms "fire", "lean fire" and "fat fire" all the time - but what do they mean? In this data-driven post, we look into the numbers behind these pursuits and what you could do to hit your numbers.[Read more...] about What’s the Difference Between Fire, Lean Fire, and Fat Fire?
Find Your Irresistible Staircase to Early Retirement
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7 min read.
Minimalism, Financial Independence, Blog, Minafi, Canonical.
5 Comments
What is your path to early retirement? Having a set goal is one thing, but designing a life with an irresistible staircase there is another thing. If you can find your own motivation, you'll get there sooner than you think.[Read more...] about Find Your Irresistible Staircase to Early Retirement
The Gender Pay Gap Told Through Data From the Finance Blogging Community
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17 min read.
Canonical, Financial Independence, Investing, Interactive, Featured, Blog, Minafi.
30 Comments
The salary difference between men and women has been studied in many different times in many different fields. In each study, the raw findings are the same - women make less than men. Does this trend hold true for the personal finance community and it's readers?[Read more...] about The Gender Pay Gap Told Through Data From the Finance Blogging Community
Your House Doesn’t Count Towards the 4% Rule
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7 min read.
Personal, Financial Independence, Blog, Minafi, Canonical.
4 Comments
The 4% states you need your yearly spending times 25 to retirement. One question I get a bunch is around the idea of "what assets are included" in that 25x number. Spoiler: It's not your house.[Read more...] about Your House Doesn’t Count Towards the 4% Rule
When Pursuing Early Retirement, You Must Be Armed With a Bag of Whys
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3 min read.
Mindfulness, Financial Independence, Blog, Minafi, Canonical.
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Why do you want to retire early? This question and more are key to keeping your motivation going and growing grit while saving up and accumulating wealth for early retirement. Having a core set of "whys" can help.[Read more...] about When Pursuing Early Retirement, You Must Be Armed With a Bag of Whys