Tag Archives: financial planning

The False Assumptions in Traditional Retirement Planning

This new item recently showed up in my 401k Dashboard: Retirement Progress The default settings assumed a retirement age of 65 and that I would need $11,343 per month at 100% income replacement. My bonus was not included in salary … Continue reading

Posted in Rocky Mountain FI | Tagged , , | 9 Comments

To Build or not to Build: Adding an ADU to our Property Portfolio

I have been mightily distracted for the last month, so this blog has received about 1/4 of my usual attention. In times like these, I try to keep up with The Ledger and Big Scratch but the meatier posts get … Continue reading

Posted in Rocky Mountain FI | Tagged , , , | 4 Comments

The Big Scratch – May 2017 Net Worth Report

We haven’t had a bad month yet. Our net worth continues to rise. We can thank Mr. Stock Market for that of course, but we also have to give ourselves a big high-five for maintaining a high savings rate each … Continue reading

Posted in The Big Scratch | Tagged , , | 3 Comments

The Big Scratch – March 2017 Net Worth Report

This trend just keeps going up, up, up! This month we broke the $700,000 barrier in net worth! Since I can’t eat or drink my house, I realize my spending money is far less, but even our investment income isn’t … Continue reading

Posted in The Big Scratch | Tagged , , | 3 Comments

Filling Buckets on the road to Financial Independence

“You should structure your finances so that you can leave work at the earliest possibility” – Mr. 1500   The accumulation phase is full of assumptions. Will I get a raise each year? Will I get a bonus? Will any … Continue reading

Posted in Rocky Mountain FI | Tagged , | Leave a comment

The Big Scratch – Dow Jones reaches 20,000! – February 2017 Net Worth Report

The Dow Jones hit 20,ooo last month! Considering the current political climate, I am very wary about this milestone. Whereas the stock market seemed to be reacting to the Fed over the last couple of years, now it seems the … Continue reading

Posted in The Big Scratch | Tagged , , , | 2 Comments

The Church of FI – Jimmy Carter is a Badass!

UNLEASH YOURSELF Even if you don’t call yourself an artist, you have the potential to be a dynamic creator who is always hatching new plans, coming up with fresh ideas, and shifting your approach to everything you do as you … Continue reading

Posted in Church of FI | Tagged , , , , | 2 Comments

Kid’s Ledger – Power of Suggestion

Positive feedback is known to have a direct correlation to self-worth just as power of suggestion can be used to drive results. Children can teach us a lot about the power of suggestion and since I am a personal financial … Continue reading

Posted in Kid's Ledger | Tagged , , | 2 Comments

The Big Scratch – Indulgence and January 2017 Net Worth Report

Despite being rather indulgent with luxurious vacations and collectible cars, we finished the year strong with a net worth increase of $208,884! How was this possible with an income of $151,000 ? Let’s break it down:  

Posted in The Big Scratch | Tagged , , , , | 2 Comments

Financial Planning for 2017

  Two years ago, we really buckled down and started an action plan to retire in 2021. Today, we are nearly 40% to our goal. Each year we have been able to save more than we have projected, primarily due … Continue reading

Posted in Rocky Mountain FI, The Ledger | Tagged , , , | 4 Comments