It looks like we can retire at 60 on $80,000 a year, so now it’s time to look at our stretch FIRE goal – can we retire at 55 on the same? To be honest, the stock standard retirement calculators did not paint a very happy picture for our retirement, except in the best case … Show Me More!
Month: December 2021
The Effect of Inflation on Saving for FIRE
If you are following the traditional Financial Independence Retire Early path of saving a lump sum amounting to 25x your yearly expenses which you will begin to access when you retire, this post isn’t for you. The 4% rule has you covered, as it takes inflation into account. But if you are a late starter, … Show Me More!