Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. This interview took place in June. My questions are in bold italics and their responses follow in black. […]| ESI Money
February 6, 2023 – Welcome to another installment of my Safe Withdrawal Rate Series. See the landing page of this series here for an intro and a summary of all the posts I’ve written so far. On the menu today is an issue that will impact most retirees: we all likely receive supplemental cash flows … Continue reading Evaluating Annuities, Pensions, and Social Security – SWR Series Part 56| Early Retirement Now
Small-cap value (SCV) stocks got a lot of publicity in the FI/FIRE community. Don't buy the hype! SCV's recent performance has been atrocious!| Early Retirement Now
What? A new case study? I know, I had promised myself to wind down the Case Study Series I ran in 2017/18 after “only” 10 installments. It was a lot of work and a lot of back and forth via email. It takes forever! I mean F-O-R-E-V-E-R! But then again, there’s always a reason to make an … Continue reading A Safe Withdrawal Rate Case Study for Becky and Stephen| Early Retirement Now
March 27, 2019. Back in 2016, I wrote a few posts on trading derivatives, especially options, to generate (mostly) passive income. See the options trading landing page for more info. I’m still running that same strategy but it definitely evolved quite a bit over time. This might be a good time to write a quick … Continue reading Passive income through option writing: Part 3| Early Retirement Now
One of the most requested topics for our Safe Withdrawal Rate Series (see here to start at Part 1 of our series) has been how to optimally model a dynamic stock/bond allocation in retirement. Of course, as a mostly passive investor, I prefer to not get too much into actively and tactically timing the equity … Continue reading The Ultimate Guide to Safe Withdrawal Rates – Part 19: Equity Glidepaths in Retirement| Early Retirement Now
One of the most important topics in financial planning is how to transform an initial portfolio into a safe and sustainable retirement income stream. I’ve put a lot of thought into this topic and published 50+ posts on my blog. To make my research more accessible, I created this “landing page” for everyone interested in … Continue reading The Safe Withdrawal Rate Series| Early Retirement Now
April 14, 2023 – Welcome to a new installment of the Safe Withdrawal Rate Series. Please check out the SWR landing page for a summary of and a link to the other posts. Today’s topic is homeownership. I’ve already made the case that not just rental properties but even homeownership can be a great tool … Continue reading Accounting for Homeownership in (Early) Retirement – SWR Series Part 57| Early Retirement Now
Remember the blog post from a few months ago, How To “Lie” With Personal Finance? I got a fresh set of four new “lies” today! Again, just for the record, that other post and today’s post should be understood as a way to spot the lies and misunderstandings in the personal finance world, not a manual … Continue reading How To “Lie” With Personal Finance – Part 2 (Homeownership Edition)| Early Retirement Now
The Safety First retirement approach can be useful for traditional retirees. It's not viable for early retirees, due to low interest rates.| Early Retirement Now
Looking at 100+ years of return data, stocks offered an attractive investment for the long run, both in absolute terms and relative to bonds.| Early Retirement Now
I like Die With Zero idea, but the numerical recommendations are nonsensical. There are better ways to deal with the overaccumulation risk.| Early Retirement Now
June 16, 2023 – I wonder if I’ll ever run out of material for the Safe Withdrawal Series. Fifty-eight parts now, and the new ideas come faster than I can write posts these days. This month, I initially planned to write about the effects of timing Social Security in the context of safe withdrawal simulations. … Continue reading Flexibility is Overrated – SWR Series Part 58| Early Retirement Now
How does Sequence Risk interact with Social Security timing? Should you claim Social Security early to prevent withdrawing too much from your equity portfolio during a downturn early in retirement?| Early Retirement Now
