Each week I’m going to try to put together a list of 3-5 great blog posts I’ve read from other personal finance bloggers. These posts are a collection of things I find interesting and thought-provoking, and if you like the content I’m posting I’d encourage you to check out some of the posts in this list.
Adam again is on a roll and points out some of the flaws with just using the 4% rule. Things change, people change, and spending changes. To get a better idea of what you might need in retirement, it’s wise to think about the optional things in your future and how probable they are. He’s even got a nice easy mathematical way to help you hone in on what you might be able to expect!
A “reverse” career trajectory – as far as income goes – can seem extremely odd to an outsider. But money isn’t the only deciding factor in many things, including a career. It’s important to call out, too – lots of folks I’ve talked to seem to think that income should only go up over time.
That’s not necessarily true. There are a TON of other factors that go into a decision, and sometimes the right decision may mean taking a pay cut – temporary or permanent.
There is a nearly-infinite amount of information available at your fingertips through the internet. And yet despite it being easier than ever to get into investing, many people shy away from it. Doing so can be a costly mistake, as outlined in a personal story shared by GenYMoney. Don’t make the same mistake!
That’s it for this week! If you have a blog that I might not know about, let me know in the comments!