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So many choices
Many people that I have spoken with about retirement say they aren’t sure where they will retire and aren’t sure what they want to do in retirement. Seems like not so many years ago, when people retired they stayed in the home where they raised their children, perhaps played golf or puttered around the house until time came for them to depart this world. Nowadays, people have many choices and the retirement path is not so clear cut. There are retired people traveling the world, opening new businesses, going back to school and it’s wonderful that retiring doesn’t mean fading into the woodwork. But with all of these choices, how…
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Passive Income
On one of my first dates with my now husband, he mentioned that he wanted to be in a position where his money worked for him, not him working for money. I’ve thought about this a lot and many times wished I had pursued the conversation more fully because though I had a concept of what he meant I didn’t know the intricacies of how to implement. Living overseas made things somewhat more complicated because the tax systems are different, and moving money between international locations was far from as easy as it is now. Fast forward many years and I’ve been digging in to the term and what it…
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“One more year” year after year
If you’re anywhere near retirement age, or are contemplating retiring early, you might have heard the term “one more year”. Essentially, it refers to people who can retire but for some emotional reason, they feel like they need to work one more year, pad the savings, set themselves up emotionally for not having a set schedule, whatever the case may be. It differs for everyone I am sure, but I am solidly in the “one more year” camp, unfortunately for me. We have saved a fair amount of money, enough for us to retire comfortably and even more so that my husband is going to work for a while longer,…
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I hate budgeting
There I said it – I hate budgeting. I do, I always have and I know I’ll never like it and will never stick to a budget. What I mean is I won’t sit down at the beginning of each month and say I’l spend no more than $300 on dining out and no more than $200 on groceries or whatever. You can already see my priorities in that I listed a higher amount for dining out than for groceries. I know it’s important to establish an amount you can spend and we do, but we do it more organically. If it feels like we’re spending too much for the…