Perhaps the best aspect of working as a nuclear contractor is getting to see different parts of the country. Over the last 10 years I have gone to some amazing places, and occasionally I have learned about some too late, after I had already left the area. This list is …
Recently I’ve written a few articles that reference the Trinity study in regards to portfolio longevity and withdrawal rates. What this study focuses on is using a set percentage for a withdrawal rate based on only the initial portfolio balance and adjusting this number for inflation, or not. For example, …
In my article Building Generational Wealth I discussed how I plan to contribute $16,000 to my grandchildren at birth in order to give them a huge jump start on wealth building. Using the rule of 72 and an assumed 8% annualized return, $16,000 will become $74,000 at 20, $161,000 at …
I’m making a few changes to the format and data in these quarterly wrap ups. On the income side of the equation I am removing the total of our income and only publishing the savings rate. Our household income is between $60,000 and $90,000, but it seems like the more …