The golden rule of retirement – don’t outlive your money. So, how much do I need to retire and not worry about running out of money? The problem is how can you be sure you won’t outlive your money. The general rule of thumb has been you can comfortably spend 4% of your retirements assets every […]
Investing
How Much Life Insurance Do I Need?
Let me start off by telling you what our financial planner told us years ago. Before you start talking about investing, you need to set up a will, an advance directive, and purchase life insurance. If you have children, this is even more important. At the time, my wife had just given birth to our […]
Financial Independence – The Path Not Taken
As you begin down the path toward financial independence, you should stop for a minute and ask yourself, am I really ready for this? If you think it will be easy, you are mistaken. If you think you won’t be challenged, you are mistaken. Achieving financial independence can and will change your life, but it’s not just […]