On Fact Central (Facebook), there was a post in a FI group asking about how closely people followed the 4% (or other %) rule, like it was the gospel of cash flow. Their question steered towards the guardrails withdrawal approach, which is structured to withdraw more (spending) when markets are good and less (spending) when markets are bad. SUPER INTERESTING strategy.
Continue readingI should have put these thoughts in the previous post, but they came together later.
I was thinking more about some of the case studies I’ve been around. I think of two people who tend to share their advice from their perspective quite often.
Continue readingWhen someone shares their thoughts (like some random typer like me) on the internet or in person, it’s important to know where they’re coming from. What is their perspective? What is the foundation their basing their thought/position on? What is their past?
Current FI Mode.
Where on the FI journey is the thought-person? Notice I didn’t say “though LEADER.” I’m so sick of “leaders” and “influencers.” All of this spewing of thoughts is nothing more than someone wanting to share something for themself. Yep, I get the irony.
Continue readingSince I just posted about being at the beach home, I will indulge myself.
Best Season
It’s the middle of the week, middle of the day, middle of September, and I’m living my best life.
I have written about the “Silver Season” for traveling. It’s the time when kids are back in school and parents are back in their homeland. It’s a time of wonderful weather and small crowds, short lines, and less surrounding chaos—at least that’s how I see it.
In California, I’ve heard Sept referred to as “locals’ summer.” I get it now. If this is your home, it’s mostly just your homeland people around.
Continue readingI’m at the beach home. I’m just hanging out doing my normal things. Exercise, Relax, Compute, Observe, Repeat.
Observation
I notice a common, consistent thread—young women often travel in clusters and very frequently have a clear cup with an ice beverage that slips away through their straw.
Continue readingAre you average? I’ve realized I’m average in many ways.
When I refer to being “average,” I classify that as my interpretation of the Jim Rohn quote, “I’m the average of the FI friends around me.”
Here are some ways that I’m SO “average:”
Continue readingI’ve been thinking about wealth recently.
I was on a 2-week cruise to Iceland from Ireland. There were 250+ passengers on the SilverSea Expedition ship who were getting out into the world–into an active lifestyle of exploring and cruising.
If you don’t know, SilverSea is a luxury cruise line. My friends really enjoy these cruises, and I enjoy being with this selected family, so my wife and I often sail with them.
Continue readingI’ve been reading The Childfree Guide to Life and Money. Great book so far. It mentioned you spend 1/3 of your day at work. Others, not me, because I’m FIREd.
I was thinking this should be more like HALF your week-LIFE is consumed by work stuff.
I decided to do my own calculation on the time percentage by day that work takes up.
Continue reading