The Breakdown of Our Net Worth Savings & Investments

The Breakdown of Our Net Worth Savings & Investments

I’ve been considering providing a breakdown of our net worth for a while now.  I’ve held off for a couple reasons though: For some reason, this isn’t very common for many bloggers to do.  We seem to consider this to be sacred territory and almost taboo. I’ve been making a lot of changes and wanted to let the dust settle a little before talking about this. Well, I love breaking taboo – if you’d ask my friends, they’d tell you how I tend to say things that seem inappropriate, but are usually what everyone is thinking.  It might be some stirring the pot but it gets some good conversation going! When our net worth hit the $1 million mark back

The Minutiae of Moving to Another Country

The Minutiae of Moving to Another Country

Minutiae.  It’s such a funny word. It makes me chuckle just saying it, so I thought it would be perfect for what I want to talk about today. We’re learning pretty quickly that when you want to move to another country, you can’t just pick up and leave.  There’s a lot of minutiae that will need to be ironed out in the planning. See, wasn’t that was fun to read that word again?  Minutiae. Anyway, I thought I’d take some time today to talk about some of the minutiae we’re starting to think more about lately. Fine, I’ll stop saying the word… for now.  But I do have a funny feeling it’ll find it’s way into this post at some

Being a FIRE Millionaire Doesn’t Mean You’re Rich

Being a FIRE Millionaire Doesn’t Mean You’re Rich

There’s an interesting mentality that I notice creeps up periodically.  It’s the idea that some people think that being a millionaire makes you filthy rich with plenty of money to throw around. Folks who aren’t as entrenched in the personal finance world tend to think that if you’re a millionaire, you actually have $1 million ready to spend.  In other words, if you’ve hit that mark, you must be sitting on bushels of cash just ready to be spent. This is probably a common way of thinking if you don’t fully understand how early retirement works.  I know I thought the same thing before we continued to grow our finances. However, that’s really not true, particularly with those who are

What Did We Just Do?!! Thoughts from a New Retiree

What Did We Just Do?!! Thoughts from a New Retiree

So, I’ve been wracking my brain trying to figure out what I wanted to talk about for my first post as a new retiree.  I have all these things on my mind, but I’ve been struggling to figure out just the right topic. And that’s when it hit me… why not just talk about some of the random thoughts that have been floating around my head this week? Maybe some of what’s going on in this noggin of mine could be helpful for the next guy or gal planning an early retirement. One of those thoughts is that even though you may already know it, the transition from working a 9-5 full-time job to not working is impactful in your

Is One Million Dollars Enough to Retire On?

Is One Million Dollars Enough to Retire On?

One million dollars.  It’s the coveted goal for many. Maybe it’s something you think is way out of reach.  Or maybe you’re on the other side of the spectrum and close to it or even long surpassed that number. Regardless, one million dollars just seems to be a good round number in our heads to strive for reaching.  In fact, it’s a number that many folks have had as their target number for financial independence or retirement for decades. You suddenly gain the status of “millionaire” and you become part of the “7-digit club.”  What could be more exciting than that? However, we all know that the dollar ain’t worth what it used to be.  Inflation loves to strip away

Expat Health Insurance – Our Plans for Panama

Expat Health Insurance – Our Plans for Panama

Expat health insurance – the one piece of retirement unique to those living in another country. One of the biggest struggles for folks wanting to pull the trigger on early retirement in the U.S. tends to revolve around healthcare.  Unfortunately, I can’t help you with that one except to say to plan for the worse.  You have to build the unknown into your FIRE number because it can be the one wildcard that can throw off anyone’s plans. That sucks, but it’s our fault as a country for letting the healthcare industry get as powerful as it has.  Unfortunately, that puts most of us in the U.S. in a tough spot where medical care costs more here than any other