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
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
Having an emergency fund is foundational to healthy finances and our pursuit of financial independence. From an unexpected car repair to the loss of a job, the primary job of an emergency fund is to help you weather unexpected financial challenges that could derail your financial progress. Depending on your situation, you may have anywhere from $1,000 upward to 6 months worth of expenses in a readily accessible account standing watch over your financial castle while you sleep a little more so...| Living The FIgh Life
