Financial Independence / Retire Early (FIRE)

Stop Counting Pennies and Focus on the Dollars

Stop Counting Pennies and Focus on the Dollars

33 Comments / Spending, Financial Independence / Retire Early (FIRE), Saving / /

I have this problem where I’m always counting pennies in my head. Not literally, but rather that I’m always conscientious of all our spending… to a fault. Don’t get me wrong, being mindful of what you’re spending is a good thing. If you don’t know what you’re spending, it can become very difficult to get ahead. The problem, however, is that counting pennies isn’t as important as focusing on the bigger money. In other words, saving a few extra dollars […]

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Why Early Retirement Isn’t Just About Escaping a Sh*tty Job

Why Early Retirement Isn’t Just About Escaping a Sh*tty Job

20 Comments / Financial Independence / Retire Early (FIRE), General Thoughts, Kids, Life in Early Retirement, Motivation / /

It seems that more and more folks in the FIRE (financial independence / retire early) community are jumping on the bandwagon of bashing the idea of early retirement… because early retirement now somehow conveys a negative connotation. I even heard some of my favorite hosts talking about this recently on a very popular podcast. The message was basically that early retirement is bad and if you don’t like your job, early retirement isn’t the answer – find a job you

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The 10 Most Popular Posts of 2021… That Aren’t Fritz’s

The 10 Most Popular Posts of 2021… That Aren’t Fritz’s

6 Comments / Blogging, Financial Independence / Retire Early (FIRE), Investments, Kids, Panama, Real Estate / /

I was trying to decide what to write for this week’s post. Then I ran across my friend Fritz’s recent post, The 10 Most Popular Posts of 2021. That seemed like the perfect way to end the year… so I stole his idea! Ok, I didn’t really steal it. I reached out to Fritz to see if he’d be ok with me writing a post of my own like his… and he was just fine with the idea. See? We

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Doing Your Own Taxes and Planning… or Die Trying!

Doing Your Own Taxes and Planning… or Die Trying!

10 Comments / Taxes and Financial Planning, Financial Independence / Retire Early (FIRE), Investments, Real Estate, Self-Employment / /

I’ve bounced back and forth over the years in preparing my own taxes or having a CPA handle the job. If you’re using TurboTax, H&R Block’s software, TaxSlayer, TaxAct, or some other software when doing your own taxes, you’re already familiar with how they’re relatively easy to use (except when they’re not). But if you’re trying to do financial planning along the way that might affect your taxes, running solo can be a struggle if you don’t know the ins

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Selling Everything We Owned Has Been Truly Liberating

Selling Everything We Owned Has Been Truly Liberating

24 Comments / Life in Early Retirement, Financial Independence / Retire Early (FIRE), Geoarbitrage, Motivation, Panama, Travel and Vacation / /

Selling everything and just taking off and leaving is a dream a lot of folks have… even if it’s just a fleeting thought. To actually do it though sounds crazy. Who would do something like that?! Yeah, we were those people. We got rid of just about everything we owned and headed to Panama in the summer of 2019. At the time, we were just going through the checklist of moving preparation to make it happen. One of the biggest

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Looking Back From Your Deathbed… Be Alive Now!

Looking Back From Your Deathbed… Be Alive Now!

13 Comments / Motivation, Financial Independence / Retire Early (FIRE), Health and Fitness, Life in Early Retirement, Travel and Vacation / /

Picture yourself on your deathbed looking back on your life… A few fun vacations, some great nights out with friends, or maybe some great memories with a loved one or kids. Whatever comes to mind, I’m sure there will be some great memories that’ll make you smile. But now dig a little and try to think about what you’ve regretted not trying or doing more of in life. Maybe it’s the simpler things like sitting back and watching a couple

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Using Your HSA for Retirement – How to Track It Easily and Efficiently

Using Your HSA for Retirement – How to Track It Easily and Efficiently

34 Comments / Investments, Financial Independence / Retire Early (FIRE), Taxes and Financial Planning / /

Health Savings Accounts (HSA’s) have been around in the U.S. since the end of 2003. However, using your HSA for retirement has only been gaining popularity over the last handful of years. There’s no doubt that this is one very special account. Although designed as a medical savings account to be paired with a high-deductible health plan (HDHP), there’s a crafty way to make it even more valuable. In doing so, your money goes in with pre-tax dollars, grows tax-free,

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Aren’t You Bored in Retirement? The Truth Comes Out!

Aren’t You Bored in Retirement? The Truth Comes Out!

20 Comments / Financial Independence / Retire Early (FIRE), Life in Early Retirement, Motivation / /

Bored in retirement. For some reason, that seems to be a concern many folks have with retirement, particularly early retirement. The “easy” part’s done. You’ve saved up enough money that you’re able to leave work on your terms. You’ve hopefully used a free retirement planner like the one in Empower (formerly Personal Capital) to give you the confidence you need on that front. With the money equation out of the way and retirement here, you’ve gained the freedom of choice.

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Health Insurance in the U.S. – How We'll Keep Costs Low

Health Insurance in the U.S. – How We’ll Keep Costs Low

33 Comments / Insurance, Financial Independence / Retire Early (FIRE), Health and Fitness, Life in Early Retirement / /

The subject of health insurance in the U.S. tends to make people cringe immediately when thinking about it. And rightfully so! I don’t think anyone can argue that the system in the U.S. is broken. It’s overly complex, the costs are out of control, and something needs to change. Now, we might all have different thoughts on what should be done, but we all know that something needs to be done. Unfortunately, though, the choices are pretty limited. If you

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Play the Hand You’re Dealt To Live the Life You Dream

Play the Hand You’re Dealt To Live the Life You Dream

14 Comments / Motivation, Financial Independence / Retire Early (FIRE), General Thoughts, Health and Fitness, Investments / /

If you sit on the sidelines and continue to fold instead of playing the hand you’re dealt, you’re never going to get ahead. This is true in poker, but it’s also true in life. It’s time to stop just going through the motions and work on making your dreams come true. I reflect on how much we’ve progressed the last decade or two and I’m amazed and proud of us. Seriously. I retired a couple of years ago at the

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