Today's post really just scratches the surface of a very broad and deep topic containing all things "retirement mistakes". A bunch of earlier posts I've fired off into the ethos of FIRE pantheon with a handful of views point to boredom in retirement, living without a purpose, and owning a BMW. All are equally fraught with risk. Especially if said BMW is metallic blue, and … [Read more...] about How to Avoid the Biggest Retirement Mistakes
Early retirement is rarely looked at as anything other than a glorious achievement. You've made it. You put in the time, toil, and effort, and voila! It's finished. Time to soak up the sun and kick back, maybe read a book or two, go for a bike ride, see the world... Some might suggest that once you've reached this pinnacle of no longer being bound to a cubicle, there's little … [Read more...] about Maslow’s Hierarchy of Early Retirement Needs
And so, it happened. Finally. Got promoted. Yippee!! I am stoked. It feels good to be appreciated and acknowledged for all the hard work and persistence. Sure, this promotion took longer than I'd have liked. I could've reached this level back in 2015, but I turned it down twice back then because the roles didn't appeal to me. And besides, back then, our kiddos were just … [Read more...] about How Getting Promoted Complicates Early Retirement Plans
Let's just get it out there from the get-go: This is NOT a bragging kind of post. Far from it. This past year we spent a lot of money with respect to our household spending. We didn't go off the deep-end and buy matching jet skis, or take five trips to the Bahamas. But if we're to be mistaken for knowing two sh*ts about money, our spending this past year sure doesn't … [Read more...] about Our 2018 Household Spending Revealed
This year marks another increase in the contribution limit to the sometimes controversial, but "everyone's gotta have one" 401k. In 2017, the pre-tax contribution ceiling was raised from $18,000 to $18,500. That figure gets bumped again to $19,000 on January 1st, 2019. Woo-hoo! We think... In the Cubert household, we contribute only 6% of the author's pre-tax income to the … [Read more...] about How Much Money Should You Save in Your 401K?