A couple of months back I was walking the dog on a beautiful Fall afternoon. As I sat on a bench enjoying the sun it occurred to me it had been a very long time since I had spoken with my pal Tom. As I dialed, I really didn’t expect to reach him. Seems while… [Continue Reading]
Case Study 6: Helping an ill and elderly parent
(Not actually Colin, his mother or sister) Courtesy of Visual Photos In today’s Case Study reader Colin offers us a chance to take a look at a tough situation many us have had or will have to deal with at some point. Many years ago, I did myself and with a situation eerily similar to… [Continue Reading]
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]
Case Study #3: Let’s get Tom to Latin America!
Image courtesy of Wikipedia I wasn’t planning two Case Studies this close together. Really. But then Tom dropped this note in my lap (actually on Ask jlcollinsnh) and it proved irresistible on several fronts: –It provides a chance to make a key point about F-You Money: Unlike the amount needed for full financial independence (FI)… [Continue Reading]
Case Study #2: Joe — off to a fast start!
Over in the Ask jlcollinsnh page, reader Joe posted a very interesting profile along with a series of questions. Since I think his situation and our conversation about it might have broad interest, it has become our first case study in a long time (here’s #1) and this post. First is his note, which I… [Continue Reading]
Case Study #I: Putting the Simple Path to Wealth into Action
Update by JL’s Team This year is the 12th anniversary of the blog, and to celebrate we’re highlighting some of the most loved posts of all time. If you’re just beginning your journey to financial independence, or if you’re 20 years in, this one is a must read. In it JL lays out the fundamentals… [Continue Reading]
