Several prominent early retirees have shared their challenges with life-changing events to include divorces, major medical surprises, and death of a spouse. While these events have a low chance of occurring for most early retirees, the impact of these events could derail our retirement plans. Some early retirees had to return to full-time employment as their passive income no longer covered their expenses. But others had a strong enough financial picture to weather the significant cut in net ...| Living The FIgh Life
Accounting helps businesses track and organize financial information so business leaders can make informed decisions. Similarly in personal finance we all implement some level of accounting to help manage our finances to track, budget, spend, save, invest and file taxes. In a past life I managed multi-million dollar businesses with complex financial statements and taught basic accounting to US Air Force Officers. While individual people are not required to follow business accounting principle...| Living The FIgh Life
A Hidden Gem: Ely, UKby Justin @ LivingTheFIghLife| livingthefighlife.com
I often hear (and read) discussions about choosing either the military Survivor Benefit Plan (SBP) or term life insurance to help the surviving spouse remain financially secure. This is comparing the wrong two things.| Living The FIgh Life