Tag: The 4% Rule

Purchasing Financial Independence $11.57 at a Time

Hey, Kid. I’m looking to sell some perpetual freedom.  You interested?  

I like you. You know why?  You’re not basic.  One thing about you is, you like to visualize your path to FI differently than most.  Those satisfied with the 4% rule are basic.  You aren’t basic, Starbucks and Uggs notwithstanding, you’re an individual.  You’re the type of individual that’s interested in perpetual freedom.

It’s hard to quantify how far you’ve come and how far you have left to go using the standard 4% rule.  Your head knows how many more dollars you need to reach the mythical summit of Mount Freedom but your heart longs to know what your hard work has bought, so far. Continue reading “Purchasing Financial Independence $11.57 at a Time”

The 4% Rule- How To Know When You’ve Reached Financial Independence

I have a good friend who we’ll call Eric because his name is Eric.  It’s his real name, not even a made up name to protect his identity.  He once said I can feel free to share his social security number so I don’t think he’ll care about me using his real name in my article about the 4% rule. He might have been joking about that, but I don’t like to assume things.

Unfortunately, I can’t remember his social security number so we’ll just have to make due with his first name.

Eric was lamenting the fact that retirement was simply not in the cards for our generation. Continue reading “The 4% Rule- How To Know When You’ve Reached Financial Independence”