“With great power comes great responsibility.” Spiderman’s dead Uncle Ben (Oh, and some other guy named Voltaire.) So, too, with wealth. One of the pesky things that nobody ever seems to tell you while you are accumulating it, is that is that having and keeping it requires effort. You must learn how… [Continue Reading]
Archives for November 2013
Case Study #5: Zero to 2.6 million in 25 years
In Case Study #4 we looked at reader EmJay’s potential transition from a current corporate career into a new life funded in part by his financial independence. A family man at age 48 and with 2.6 million in net worth, the conclusion was he easily had the resources to chart and enjoy this next, freer stage… [Continue Reading]
Financial Independence Case Study #4: Using the 4% Rule and Asset Allocations
Today’s Case Study gives us a chance to explore how to determine net worth and how to apply the 4% withdrawal rate against it. It also takes us into the arena of applied asset allocations. Since this correspondence and its questions come from somebody with a high net worth, it also gives me a chance… [Continue Reading]
