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Hey all! It’s Friday, and you know what that means: Reader Case time! But before we begin, if you’re going to write into us asking us to analyze your finances, please follow the guidelines here. It’s to ensure that when we get to your reader case, we have enough information to actually come up with a meaningful response. As much as we’d like to help everyone, the days where we had the time to correspond back-and-forth with people asking for missing information is long gone. If we get to your case and see any information missing, your reader case will not […]

The post Reader Case: Home Owner Can’t Stop Spending appeared first on Millennial Revolution.

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For some reason lately I’ve been getting a bunch of emails asking me what I think of a particular Target Date Fund, so I thought this would make a good article. But before we get into what I think of these things (hint: It’s in the title of this article), let’s first talk about what these things are. What is a Target Date Fund? Target Date funds are also known as Lifecycle Funds, Age-based Funds, or Dynamic Risk Funds. That last one sounds makes it sound pretty cool, but basically what Target Date funds do is adjust your asset allocation […]

The post Why You Shouldn’t Buy Target Date Funds appeared first on Millennial Revolution.

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  In the U.S and Canada, unless you’re trading sex for money, there’s no need to get naked in public. But in Germany, nudity doesn’t automatically illicit eroticism—it depends on the context. And in a sauna, it’s just practical. We were told that bathing suits are not allowed—for health reasons, believe it or not—so if you want to experience a German sauna, you’ll have to bare it all. Don’t worry though, despite being naked, you won’t be stared at or creeped out. Nor do you have to worry about having body issues. You’ll be around strangers of all different shapes, […]

The post Let’s Go Exploring! Bremen, Germany: Saunas, Secret Rooms, and Schnoor Quarter appeared first on Millennial Revolution.

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When I told my Mom I was a millionaire, her response was “So what? You don’t even have a house.” To most people, becoming a millionaire is a pipe dream. Especially if you had my kind of childhood—the kind where a can of coke was the most precious thing in the world. But when I announced to my parents we’d achieved said pipe dream and are retiring to travelling the world for a year, it didn’t go over well. My Dad said simply, “It’s not enough.” This surprised me, given that him and I are engineers. Engineers don’t rely on […]

The post How to Deal with Unsupportive Family and Friends on Your Way to FI appeared first on Millennial Revolution.

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Hey all! It’s Friday, so you know what means: Reader Case time! This one was an interesting one. Most of our readers are Millennials or Gen X-ers, cause they, you know, understand how this newfangled “technology” works, but every so often I’ll get a *gasp* Baby Boomer asking us to do a reader case, which just confuses the hell out of me. Say what? Aren’t you twice my age? Why would a Boomer ask a lowly Millennial for retirement advice? Anyway, let the bloodbath–er I mean, reader case–begin. Dear Millennial-Revolution, I first became aware of your website via the “ChooseFI” […]

The post Case Study: Boomer Asks Millennial For Retirement Advice appeared first on Millennial Revolution.

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One of the most popular and widely-shared things we do on this blog are Reader Cases, and we totally get why. It’s hard to get unbiased advice on your finances. If you try to walk into a bank to talk to someone about money, all you’re going to get is an hour-long sales pitch on why you should put all your money in that bank’s mutual funds, or turn over your money to their advisors so they can just churn your account to generate commissions. We, on the other hand, don’t want anything from you. We don’t charge people for […]

The post What We’ve Learned Doing Reader Cases appeared first on Millennial Revolution.

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Before coming to Poznan, our knowledge of Poland’s experience in WWII was…less than positive. Namely, getting bulldozed by the Nazis and the horror that is Auschwitz. We had no clue that the Poles played a huge role in helping the Allies win WWII and it’s something Poland gets very little credit for. Ever heard of the Enigma machine? It’s the encryption machine used by the Germans to encode their military communication during the war.   The thing about the Enigma machine is that it was the greatest encryption device in history. Not only was the settings of the machine sophisticated […]

The post Let’s Go Exploring! Poznan, Poland: Enigmas, Goats, and Naked Saunas appeared first on Millennial Revolution.

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The other day an email landed in my inbox, reading: Could I please pay you $200 USD for a private Skype coaching session? I did a double-take. Someone wants to pay us even though we do reader cases for free?! Having grown up poor, I was taught to never waste money. That meant never paying for something when you could get it for free. So when I got this in my inbox I was shocked. But as I read the rest of the e-mail I realized that this person was in a bit of a bind, and urgently wanted to […]

The post The Truth About Financial Independence appeared first on Millennial Revolution.

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It’s Friday, and you know what that means: time for another reader case! Now, I’ve just realized that it’s been a while since we did a housing-heavy case study. These are always a bitch to parse through because of the sheer volume of numbers involved, but what can I say? I like pain (just ask FIRECracker). So I dug into my trusty pile of reader cases for a good housing-related one and as usual our readers did not disappoint. Hi, I first heard about your blog this evening and have spend the last 5 hours pouring through your posts, which […]

The post Reader Case: I Own 4 Houses, Can I Retire? appeared first on Millennial Revolution.

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Hey y’all! To switch things up, we’re guest posting on GoCurryCracker today, one of our favourite FIRE blogs that inspired us to retire and travel the world. If you haven’t read GoCurryCracker before, the blog is written by Jeremy and Winnie, who retired in 2012 at the ages of 38 and 33 to travel the world! Shortly after they retired, they had a little boy, and now they travel the world as a family, proving that the nomadic life is absolutely possible with kids. If you’re wondering what “GoCurryCracker” means , here’s the funny story behind Jeremy’s quirky blog name. Here’s the […]

The post Guest Post on GoCurryCracker: Explore. Dream. Discover. appeared first on Millennial Revolution.

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