Today, I bring you a guest post from a couple of nomadic retirees, Tom Swan and Georganna Hawley. They’ve been living a nomadic lifestyle for about two and a half years and have no plans for stopping. If you’ve considered this lifestyle in retirement, and even if you haven’t, you’ll find their story fascinating and... The post Reader Guest Post – Adventure Before Dementia appeared first on Can I Retire Yet ..read more

I recently reviewed the concept of retirement calculator fidelity. Retirement calculators vary considerably. They range from simple tools with a few inputs and outputs to advanced tools on par with professional financial planning software. As different as these tools are, they have one thing in common. Almost every retirement calculator gives you a measure of... The post Defining Retirement Success and Failure appeared first on Can I Retire Yet ..read more

Anti-debt guru Dave Ramsey is the introductory point to personal finance for many people. His one size fits all rules provide the simplicity needed to dig themselves out of debt. His recommendation to completely avoid credit can be a reasonable approach until you learn to use it responsibly.  Most of us can use credit responsibly... The post Don’t Ignore Your Credit Score appeared first on Can I Retire Yet ..read more

For those of us who have a home mortgage, paying it off may not be an option. Either you lack sufficient cash, or retiring the mortgage early would leave you cash poor and vulnerable. Even for those of us who do have the means, the decision whether to pay off the mortgage is unclear. We... The post Should You Pay Off Your Mortgage? appeared first on Can I Retire Yet ..read more

This month’s resources start by exploring the impact of rising interest rates on your retirement planning. We’ll also contrast the difference between investing and speculating. Articles from people on both sides of the work/retirement decision question whether early retirement should be the goal. We’ll explore expert insights on lowering your tax burden and retirement planning.... The post March 2024 Best of the Web appeared first on Can I Retire Yet ..read more

Today’s post is written by Jeremy Zuke, one of my financial planning colleagues at Abundo Wealth. Jeremy achieved financial independence in 2022 and left a corporate marketing job to pursue work he is passionate about.  A longtime Boglehead and hater of fees, he joined Abundo (with a nudge from me!) to further the mission of... The post The Role of Financial Advice in Early Retirement appeared first on Can I Retire Yet ..read more

With tax season upon us, it seems like a good time to share a resource that can save you hundreds of dollars on tax preparation and filing fees. It’s called IRS Free File, and it’s available to taxpayers whose adjusted gross income (AGI) is $79,000 a year or less. I used IRS Free File for... The post Use IRS Free File to Save Money at Tax Time appeared first on Can I Retire Yet ..read more

This month’s resources explore the benefits of utilizing tax-deferred accounts as well as the potential upsides and challenges of later converting to Roth. Resources will challenge you to think about aging well at the individual and societal level. I also have an interesting take on the challenging marketplace for homeowner insurance. I’ll share a few... The post February 2024 Best of the Web appeared first on Can I Retire Yet ..read more

In a previous post I applied the 80-20 rule to the realm of cybersecurity. My aim was to motivate you to take action to protect yourself from identity theft and/or financial loss. I proposed that you can achieve a great deal of protection with a minimum of effort. Specifically, I urged you to freeze your... The post Protecting Financial Assets from Fraud, Theft, and Scams (Part 2) appeared first on Can I Retire Yet ..read more

Last month, I published a guest post from David Champion about the benefits he’s derived from gamifying his retirement spending. A discussion developed in the comments related to the challenge of securing your online accounts. David was a software engineer before retiring early. In addition to the expertise his background provides, he’s spent time and... The post Protecting Yourself from Fraud, Theft, and Scams (Part 1) appeared first on Can I Retire Yet ..read more