Even though life expectancy in the United States has been pretty consistent over the last few years, centenarians are the fastest growing age group in the United States. What’s a centenarian? A centenarian is a person who is over 100 […]
How Much Do You Really Need to Retire?
Guess what? There is no magic ‘one size fits all’ number or thumbrule for everyone to retire. You can find tons of articles (here, here, here, and here) that tell you how much you need to retire. They will say […]
Where Should You Save?
In Step 5 of the ‘Rat Race Off Ramp’, I wrote about how to ‘Ramp Up Your Savings’. Today, I’ll go over where those savings should go. For the most part, where you save and invest comes down to when […]
Step 6: Review Your ‘Race’ Status
Updated: May 2021 We’ve completed the first five steps of the ‘Rat Race Off Ramp’. Now, we are on to the final step: Step 6: Review Your ‘Race’ Status. Building wealth and achieving financial freedom is a lifelong endeavor, and […]
Step 5: Ramp Up Your Savings
Updated: May 2021 Once you tackle your debt and have it under control, you can start taking leaps forward towards your ‘Off Ramp’. Ramping up your savings will allow you to accelerate towards your financial goals, increase your net worth, […]
Step 3: Dive Into Your Income & Spending
Updated: May 7, 2021 Now that you have set your goals and figured out your current net worth, you’re ready and waiting at the starting line of this race. Let’s start moving forward to figure out how to get to […]
Step 1: Set YOUR Goals
Updated April 24, 2021 In my last post, I updated and shared an overview of the “Six Steps of the Rat Race Off Ramp.” Today we’ll start taking a deeper look at each step, starting with Step 1: Setting YOUR […]
What is the ‘Rat Race Off Ramp’? And what are ‘F.I.’ and ‘F.I.R.E’?
Wake up, go to work, come home, go to sleep, repeat. Work, get paid, spend, repeat. These are the cycles millions of people go through constantly all over the country. And sadly, millions of these people will go through this […]
Not the Beginning I Pictured
To say we are in different times now than when I started thinking about launching a personal finance blog would be an enormous understatement. By now, you are acutely aware of the COVID-19 pandemic spreading across the globe. My family […]