Early Retirement Simplified
There is one huge, yet unexpected downside of early retirement. It only becomes obvious once you have retired. It comes as a surprise because it is not something that crosses your mind while you work to become financially independent. Here is the one major unexpected downside of early retirement: You become an easy target for […]
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You start moving into active early retirement transition around 3 years before your retirement date. Personalising your early retirement transition is like building a bridge for yourself. A bridge from your current life stage to the future life stage of early retirement you are getting ready for. The important thing is to ensure a smooth
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When you look back at your personal finance life, do you recollect any of the 7 deadly sins being committed? We are human and almost wired to fall for these sins from time to time. As outlined in the guide to financial wellbeing, even though we know what we are supposed to be doing, it
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“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” This quote from Nassim Taleb sums up the psychology of retirement income. Having worked for decades in salaried jobs a regular monthly income becomes an addiction. This addiction makes us even work in jobs we do not particularly like. That is because it
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Are you wondering if the recent dip in your enthusiasm for FIRE means that you have hit the boring middle? You were making rapid progress on your journey to financial independence, but things have slowed to a crawl lately. Nothing you do seems to be making a difference. Add to that some doubts have started
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