An incredibly useful calculator to figure out how safe it is to live off your share portfolio based on historic cycles.
Unlike others, this calculator also incorporates life expectancy into it, to give greater perspective of whether you’re more likely to end up ‘rich, broke or dead’.
You can also play around with all sorts of different ‘flexibility’ scenarios to see how strong your situation is and how long your money will last in retirement.
I wrote about this topic in detail here.
This reader story is from a family who has taken a radical approach from the norm. They’ve prioritised freedom and adventure and time with their kids over home ownership, and are much wealthier and happier for it.
My thoughts on a behavioural trap I see in the FI community, how to recognise it and how to fix it. Far more common than you might think, and it can prevent you from enjoying the wonderful wealth you’re building.
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A fresh dose of financial motivation to power your journey.
