In this article I will cover how to construct a simulation with the 4% rule for retirement as the premise in Python. Within the code you can adjust your own planning considerations and plot out your expected returns based on the random assignment of historical stock market returns over a defined period.
The 60/40 Portfolio is and has been the standard recommendation by financial advisors far and wide to build a generic moderate or ‘average’ risk portfolio. 60% of its construction is made up from U.S. Large Cap Stocks and the other 40% should be considered investment grade bonds.
Is investing in a Target Date Fund for retirement a good idea? What are the pros and cons? Are there any recommendations for selecting a Target Date? And finally, what happens after the Target Date? I’ll go over all these topics and more in this article.
In this article I’ll tell you what you should expect from your Financial Advisor. Their services aren’t cheap and you should get what you pay for.
Your Financial Advisor plays a critical role in retirement planning, but there is 1 thing they do that can make or break your long time success.
In this article, I will go over the 10 levels of Financial Independence as spelled out on the ‘Next Level Life,’ YouTube Channel. As the author admits, the levels are largely a summarization of what is available elsewhere. The same is true here and likewise, the levels are highly subjective.
This article will go over a list of items that many people forget they will have to pay for during retirement. Some may seem obvious to you, but my research shows that many people forget to plan for at least some of these.
Not all Financial Advisors are cut from the same cloth. Some are good. Some are bad. This article will help you choose an appropriate Financial Advisor
How much should you save for retirement? 25 times your expected annual budget during retirement (after taxes). That’s it. How do you get there? Make an assumption on your annual growth rate and how much of your income per month you are going to save. Voila… that’s it.
In this article, I’ll go over the things I do in my early FIRE inspired retirement that keeps me engaged and loving life. Many folks lived their working years on autopilot and if you follow the same recipe while retired you probably will find that you were expecting more and received less than hoped.