Financial Independence / Retire Early (FIRE)

A Wake-Up Call: Our Annual Expenses in Retirement for the Past 4 Years

A Wake-Up Call: Our Annual Expenses in Retirement for the Past 4 Years

14 Comments / Spending, Financial Independence / Retire Early (FIRE), Life in Early Retirement / By / January 30, 2023

In my post a couple of weeks ago, A Month-Long Panama Trip for 3 for an Unbeatable Price of Less than $1,500!, a reader named Ian asked in the comments what our expenses in retirement have been – both in the U.S. and while we lived in Panama. It was a good comment because he hit the nail on the head. I sometimes give a ballpark on what our bucket strategy is allowing us to spend each year… but I …

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Squeezing Out Higher Returns – 5 Minutes of Work for Short-Term Gains

Squeezing Out Higher Returns – 5 Minutes of Work for Short-Term Gains

22 Comments / Investments, Financial Independence / Retire Early (FIRE), Saving / By / January 9, 2023

Being aware of opportunity can be extremely valuable in building your nest egg. This doesn’t mean veering from the path – sticking to your investment plan is highly important to growth. You put the money in (broad-based index funds for this guy) and then just leave it alone to do its thing… with some regular rebalancing once or twice a year. But what about taking advantage of higher returns for the short term? As early retirees, we get our annual …

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The 10 Most Popular Posts of 2022

The 10 Most Popular Posts of 2022

4 Comments / Blogging, Financial Independence / Retire Early (FIRE), Investments, Kids, Life in Early Retirement, Motivation, Panama, Spending, Travel and Vacation / By / December 21, 2022

Last year, I wrote a wrap-up post with the 10 most popular posts of the year. It was an idea I borrowed from my friend Fritz over at The Retirement Manifesto (with his permission, of course). I liked that idea so much that I’m running with it again this year. And guess what – Fritz did it again as well and beat me to the punch! If you’re interested (and you should be!), you can check out his post appropriately …

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ETFs vs Mutual Funds… Why I'm All-In on ETFs

ETFs vs Mutual Funds… Why I’m All-In on ETFs

10 Comments / Investments, Financial Independence / Retire Early (FIRE), Saving, Taxes and Financial Planning / By / December 24, 2022

In my last post, Opening the Books to Our Investment Portfolio, I broke down our entire portfolio. This included every holding and the values of each (rounded slightly just for security). This turned out to be a pretty popular post and generated a little bit of fun discussion – both in the comments and through email several email conversations I had with readers. One fair comment was about why I choose to buy the Vanguard ETF VTI instead of the …

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Opening the Books to Our Investment Portfolio

Opening the Books to Our Investment Portfolio

49 Comments / Investments, Debt, Financial Independence / Retire Early (FIRE), Saving, Spending / By / December 4, 2022

Ah, how time flies! In February 2019, I wrote a post called The Breakdown of Our Net Worth Savings & Investments that detailed our investment portfolio at the time. As you’d expect, it broke down all our assets and liabilities and gave a good snapshot of our financial picture. This was just a couple of months after I had retired from the corporate world so it gave us a pretty good baseline to start our retirement. But holy schnikes – …

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Entitled Kid Syndrome… Our 4-Part Preventative Strategy Entitled Kid Syndrome…

Entitled Kid Syndrome… Our 4-Part Preventative Strategy

18 Comments / Kids, Financial Independence / Retire Early (FIRE), Life in Early Retirement, Saving, Spending / By / November 20, 2022

“Wow, that’s one entitled kid for sure!” Words you don’t ever want to hear about your child. We’re blessed to have saved enough money to be able to enjoy early retirement. As a millionaire family that doesn’t live extravagantly, a lot of the money stress tends to subside (though not completely). It’s been wonderful to be able to spend my days with my wife and daughter. In fact, being able to be a bigger part of my daughter’s life while …

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Finding My Place Again in the U.S. – 3 Things I’m Worried About

Finding My Place Again in the U.S. – 3 Things I’m Worried About

29 Comments / General Thoughts, Financial Independence / Retire Early (FIRE), Geoarbitrage, Life in Early Retirement, Panama, Travel and Vacation / By / September 13, 2022

We moved to Boquete, Panama back in 2019, just months after I had retired from work at the end of 2018. We had sold everything we owned and moved to a country that we had only visited one other time – a country where we knew no one and almost everyone speaks Spanish. You would think that this whirlwind would be one of the biggest hurdles in life to adjust to and figure out. Funny enough though, finding my place …

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Taking Stock – A Breath of Fresh Air on the Path to Financial Independence

Taking Stock – A Breath of Fresh Air on the Path to Financial Independence

4 Comments / Product and Service Reviews, Education, Financial Independence / Retire Early (FIRE) / By / August 26, 2022

Several months ago, Jordan Grumet asked me if I’d like to read an advance copy of his new book, Taking Stock: A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life. I met Jordan at the personal finance conference FinCon a number of years ago. He was such a likable guy, interesting to talk to, and very insightful. That could also be why he’s run a successful podcast for years now. It’s called the Earn & …

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Why Not One More? Transform Your Life!

Why Not One More? Transform Your Life!

12 Comments / Motivation, Debt, Financial Independence / Retire Early (FIRE), General Thoughts, Health and Fitness, Investments / By / November 10, 2022

I realized something while working out recently – something important to understand. There’s one thing that keeps many of us from achieving extraordinary things in life. It’s the difference between average and exceptional – just two simple words… One more. Imagine lifting a set of dumbbells and you plan to do 12 in your set. When you get to 12, what’s stopping you from doing one more? It might not sound like much, but if you consistently raise the reps …

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ACA Subsidies Mean We Only Pay $227.34/Mo for Our Family of 3

ACA Subsidies Mean We Only Pay $227.34/Mo for Our Family of 3

22 Comments / Health and Fitness, Financial Independence / Retire Early (FIRE), Insurance, Life in Early Retirement / By / August 14, 2022

I talked last year about how we planned to keep our health insurance costs low once we moved back to the U.S. from Panama. Well, that time is now and I wanted to share how ACA subsidies have enabled us to keep our costs even lower than anticipated. One of the toughest areas to plan for in early retirement is health insurance. Finding quality health care coverage at an affordable price to tide you over until Medicare eligibility at 65 …

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