This is a post that asks and attempts to answer the question, "How much of your income should you save every month?" For many, savings rates simply aren't a priority.While examining my handy dashboard excel budget last week, I focused my attention on our savings rate. Hard to believe, but we had somehow achieved a savings rate of 83%.That's 83% of our take-home pay … [Read more...] about How Much of Your Income Should You Save Every Month?
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How to Achieve a Debt Free Retirement Lifestyle
Hello dear readers! Today's post, How to Achieve a Debt-Free Retirement Lifestyle comes to us from a blogger friend, Bernz JP, the mastermind behind Moneylogue.com. Every once in a while, even us stalwart personal financial geniuses need to remind ourselves of the importance of limiting (and eliminating) debt. Enjoy a fabulous fall Monday, and give it up for … [Read more...] about How to Achieve a Debt Free Retirement Lifestyle
True Wealth Is Having No Regrets
Today's post is a special "repeat" of sorts. Special, because it's a duet featuring blogger friend Amanda Kruse and yours truly. I wanted to stitch these two pieces together to underscore why true wealth is having no regrets. It'd been a project on the side of my desk for far too long. After reading an extremely heartbreaking story on LinkedIn this past week, I had to get this … [Read more...] about True Wealth Is Having No Regrets
Seasonal Work or Early Retirement? Introducing SeasonalFIRE
SeasonalFIRE is simply ditching the cubicle for seasonal work. It's a different flavor of semi-retirement that allows you to work during the crummy weather months and enjoy free time during the rest of the year.I'm excited about this post because it's something I've been scheming over for a few months now. Ever since summer began.One of the lovely features of living in … [Read more...] about Seasonal Work or Early Retirement? Introducing SeasonalFIRE
How Inflation Affects Your Retirement Savings
Today's post is inspired by blogger SteveArk, who wrote up a nice piece about how inflation *does* affect retirement investments. You need to figure this inflation beast out since a dollar today is not going to buy as much tomorrow...The best example you've heard as a kid came from your grandparents. You'll constantly hear Grandpa quote prices from 1957: "Back in my day, a … [Read more...] about How Inflation Affects Your Retirement Savings