The short answer to that question is zero, because I don’t have a pension… however, my wife does. She completed 20 years of military service in March, but continues to work (for now). Earlier this month, I asked the question “Should You Include Your Pension in Your Net Worth?” and found that opinions were generally […]| Lazy Man and Money
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[Editor’s Note: This is an older article for historical purposes. To see the latest version go to What Does an Annual $350,000 in Retirement Income Look Like?] Last year, I wrote What Does an Annual $200,000 in Retirement Income Look Like which described our projected (you guessed it) retirement income. As you get closer to […]| Lazy Man and Money
[Editor’s Note: This is an older article for historical purposes. To see the latest version go to What Does an Annual $350,000 in Retirement Income Look Like?] This is perhaps the most scary and most exciting post I’ve written in 8 years. I’m writing it at 3AM because I literally can’t sleep thinking about it. […]| Lazy Man and Money
In late March my wife reached 20 years of military service. This qualifies her for a pension of half of her basic pay. As she continues to work, the pension has the potential to rise exponentially. Pensions are very rare nowadays. It seems like almost all companies have stopped offering them. Often companies have difficulties […]| Lazy Man and Money
Le-vel sued me to prevent you from reading this article... AND I WON! Here's what they don't want you to know. Learn from hundreds of comments.| Lazy Man and Money
It’s been a few years since I updated my assumptions of our three rental properties – all condos. I’ve been going off the estimates that I created back then. In some ways these estimates are accurate. The insurance and property taxes don’t change much. In other ways, they aren’t accurate – condo fees continual climb […]| Lazy Man and Money
For at least a decade, financial gurus have relied on the 4% rule. It has been considered a safe rate to withdraw from your retirement nest egg so you won’t run out of money in retirement. For example, if you have a million dollars in that nest egg, you can withdraw $40,000 (4%) a year. […]| Lazy Man and Money
This year Lazy Man and Money stopped lying to you. By reaching its 18th year in existence, this blog has graduated from Lazy Boy (not to be confused with awesome chairs) to Lazy Man. When Lazy Man was just starting out, I formed a network with four other popular blogs call The Money Writers. We […]| Lazy Man and Money
