MANAGING YOUR PROFESSIONAL DECLINE

 

A Second Act or Early Retirement?

 

One of the reasons to retire early, beyond owning your time and doing what you want when you want, is to avoid the dubious last part of your career. It is always uncertain how those last years at the job will be, and everybody knows somebody that […]

QUITTING SMOKING IS LIKE PURSUING FIRE

 

10 Years of Recap​

 

Not long ago, I was thinking about when I bought my home, it was the summer of 2009, and the “peak” of the crisis, that means that everything was tanking, economy was rock-bottoming and prices were very low. That´s why I bought. Some say I got lucky, and yes […]

REPLACEMENT INCOME

80% REPLACEMENT INCOME DOES NOT MAKE SENSE

 

All the calculations that you do for retirement and many of the calculators, advisors and everybody (everybody not in the FIRE) that you talk to says you need 80% of your last income. Whaaaat! It does not make any sense.

 

Let´s make some numbers

 

We […]

TOTAL INCONME vs. NET WORTH

Total revenue

I recently saw on the social security page the records of everything that has been entered since I work. It was quite interesting to see how I have progressed and calculate the total. Immediately I thought: How much have I managed to save / invest in the face of retirement? Or how much […]

CASE STUDY

Context

 

I have some friends, that we will call Juanito and Pepita, that are about 35 years old and with a young son who are beginning to think about retirement. For me, the moment in which I began to think clearly about retiring early was also at approximately 35 years old and this age […]

WHEN IN FEAR . . . PLAN . . . A, B, C, D . . .

Fear:

I think one of the big problems for early retirement is fear, I’ve been writing lately about how little by little I’m beginning to see the end. There is still a long path to the goal and we have to keep it cool, but everything is progressing properly and the vertigo is becoming real.

[…]

THE PERFECT BALANCE . . . PERFECT??

Doubts

As we move towards retirement, the goal is generating an increasingly anxiety feeling and the specific doubts around what to do, how to do it, when to do it, where to do it, why to do it. . . the battery of questions can be endless. . .

 

Questions

As in almost all […]

BUT THERE WILL BE OBSTACLES TOO

I ALSO SMELL THE DANGER

 

Today’s post is a response to last week’s, in a kind of complementary couplet that I had not done until today.

After writing I CAN SMELL THE SEA I kept thinking that it is true that it seems that we have passed the equator of this process and that […]

TIME IS LIFE

Take advantage of time

 

Sometimes I meet people who are surprised at how I have time to do the things I do, they ask me where I get the time. Of course there is no magic trick, time is implacable and it vanishes between our fingers. . . My answer is always the same: […]

THE PATIENCE OF WATER

TIME WILL BE ON YOUR SIDE

Patience is a virtue, especially in the age in which the most important is the instantaneous, the ephemeral. You must be prepared to act at any time, but you must be patient until that time comes. The major GOALS are not achieved overnight. Water has all the patience in […]