Does your Retirement Calculations Factor Inflation?
The Retirement Equation states that Annual Expenses x Withdrawal Rate Inverse = Balance. For example: let’s say that you need $2,500 a month; therefore $30k x 1/(4%) = $750k. As
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The Retirement Equation states that Annual Expenses x Withdrawal Rate Inverse = Balance. For example: let’s say that you need $2,500 a month; therefore $30k x 1/(4%) = $750k. As
You may have heard of the 50/30/20 budgeting rule which goes a little something like this: “50% of your income is for needs, 30% is for your wants, and 20%
It’s that time of the year: creating our new year’s resolutions i.e. goals for the upcoming year. For the past couple of years I’ve been using vision boards and spreadsheets
You may have a financial freedom figure in mind: $1 million invested in order to retire early. However, if you’re just starting off this can seem quite daunting: $1m seems
A lot of people believe that they first need to be a millionaire or more to be financially free. You could be rich but work 80hrs/week or could make less
I was recently interviewed on a finance podcast called The Art of Money and Communication. What was meant to be a 45min chat ended up being almost a 2hr conversation
That’s the £10,000 question isn’t it: “I have saved 10K pounds/dollars – what do I do with it? It seems that the main problem these days isn’t saving that amount,
What if there was another way to buying a car? What if it didn’t involve ‘buying’ a car at all? I just came across a quote by J.Paul Getty: “If
Sometimes we forget that not everyone has a defined contribution (DC) workplace pension. In fact, if you’re a doctor or teacher, then you probably have a defined benefit (DB) pension.
A Lifetime Individual Savings Account or LISA is a very popular investment account in the UK. Whether you’re using it to purchase a house or invest for retirement, it can
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