How long until retirement: an interactive tool

Intro: How many more years will you have to work before you can retire / achieve financial independence?  With it being the start of a new year, I wanted to get a handle on this question myself. I’ve already written a few articles on this subject (pretirement, financial independence, power of a high savings rate, […]

The power of a high savings rate

Intro: A strong savings rate is the cornerstone of early retirement and financial independence.  A low savings rate means you’ll have to work longer to retire, while a high savings rate will allow you to retire earlier. The idea of saving, specifically, spending less money than you earn and, say, stuffing the extra money under […]

Early retirement and financial independence

Before we get too far ahead of ourselves, let’s talk about some of the core core concepts of early retirement and financial independence (FIRE).  First, a loose definition:   Financial independence – you no longer need an active income because you have enough passive income to sustainably provide for yourself through the future. Early retirement […]