When it comes to retirement planning in the United States for employees of private companies, 401(k)’s are extremely common (north of 60 million active participants). Let’s cover four things that you should know about them! 1. Traditional vs. Roth There is an important tax distinction… Read More »4 Things To Know About Your 401(k)
If you are here reading this, chances are you are familiar with the Financial Independence, Retire Early movement. There are many different sects within this discipline, let’s break down the difference between fat FIRE and lean FIRE! A Brief Summary of FIRE In the event… Read More »Fat FIRE vs. Lean FIRE
This version of FIRE (financial independence retire early) was named after the move Starbucks made when they began offering health insurance to their part time employees. More on that below. Barista FIRE is an extremely interesting concept! Let’s dive in! The many different concepts under… Read More »What is Barista FIRE?
Heard of Coast FIRE? Want to know how the math behind Coast FIRE works? Read on! Whoops, not that kind of coast (haha). Conceptually, Coast FIRE is not too terribly complicated. I cannot say that it is a 100% reliable investing strategy, though. “Reaching Coast… Read More »How To Calculate Coast FIRE
This is one of the most popular retirement calculator spreadsheets I have made a tutorial for. Here is the original video, and below is a full written guide on how to make it! Ah, this is a nice looking calculator, isn’t it? Building this for… Read More »A Guide to the Drawdown Calculator