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Cash management in early retirement has turned out to be a rather stressful endeavor. When I first negotiated my severance and left corporate America, it was easy to know that I still had money coming in for a while. But eventually, the gravy train runs dry, and then I was left figuring out an action plan. For those who have never withdrawn from their portfolios, it can get complicated fast when trying to determine the best approach for selling, managing capital gains, taxes, estimating dividends, and figuring out which assets to sell, etc. At the end of the day, we all want to sleep easily at night, but to do that, you need a solid plan. Read the rest of the article at Accidentally Retired***** AR Recommends
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Former CEO who accidentally retired at the age of 36. I share insights on FIRE, enjoying life, and personal growth at http://accidentallyretired.com
When I first joined my company as employee #3, we had pipe dreams for the future of our business: We imagined crushing the next year or two and selling our company for big bucks We imagined becoming so well-known that everyone on the street knew our name We imagined how quick and easy our path would be Boy, were we imagining! Absolutely none of that happened. As an entrepreneur, it’s very easy to dream up a rosy future. Your imagination runs wild, and you dream of building something bigger...
It’s that simple. For nearly everything in life, getting what you want is as simple as asking. Will the answer always be “yes?” Certainly not. But how do you know if you don’t try? If you don’t ask, you don't get. So, what do you have to lose by asking? Read the rest of the article at Accidentally Retired ***** AR Recommends Track your net worth with Empower (my review) Keep Your Money Secure: Use a password manager and set strong passwords. I love to read. Here is my master list of book...
You Only Need One Income Stream. Just ONE. Yep, that’s right. I said it. You only need the ONE. And don’t get me wrong. I’m not against multiple income streams. Focusing on building up ONE truly kick ass income stream is going to pay dividends far beyond what you can do with multiple income streams. Here's why... Read the rest of the article at Accidentally Retired ***** AR Recommends Track your net worth with Empower (my review) Keep Your Money Secure: Use a password manager and set strong...