Two people. Same salary. Same savings rate. One starts at 25, one at 30. The gap at 45 will surprise you. Adjust the sliders to run your own numbers: starting salary $75,000 savings rate 25% start at 25 → age 45 — start at 30 → age 45 — savings rate: 25% starting salary: $75,000… Continue reading FIRE: Why Starting Early Is Everything
Investments
Rebalancing your Portfolio with an Asset Allocation Spreadsheet
NOTE: This is not investing advice, nor should be taken as such. The Asset Allocation Spreadsheet is simply a tool for DIY rebalancing! After becoming Accidentally Retired, I was fed up with my Financial Advisor and decided to fire him. I was now a DIY investor! But there is one thing that every DIY Investor… Continue reading Rebalancing your Portfolio with an Asset Allocation Spreadsheet
Can You Trust ChatGPT with Your Financial Planning?
For the past year, I’ve had some form of AI chatbot open almost anytime I’m working on the computer. Whether it’s ChatGPT, Gemini, or Claude, I’ve been rotating through them to help with everything from writing and coding to simulating Japanese conversations and, surprisingly, financial planning. Yep, even, financial planning. Just two years ago, AI… Continue reading Can You Trust ChatGPT with Your Financial Planning?
Stop Playing Around: Commit
Patience and time. That is all humans have ever needed. The problem is that both of those are the most elusive things to most of us mortals. We tinker when we shouldn’t tinker. We get bored and we sell off one investment and trade it for another. We have a few pounds that we all… Continue reading Stop Playing Around: Commit
The Hidden Trap in Your Mind
We live in Arizona… So when it starts to get hot, it gets hot quickly. And sometimes by March, you’re sweating it out in 84-degree heat, questioning why you live here. But then you settle into the actual summer where Phoenix just managed to set a new record for over 113 straight days over 100… Continue reading The Hidden Trap in Your Mind