Tag Archives: wealth

Planning for “enough” for FIRE

I tend to waffle back and forth on how much we actually require for FIRE. Save too much and I risk working too long. Save too little and I end up scrambling for work late in life for a lower-wage … Continue reading

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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

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The Big Scratch – June 2017 Net Worth Report

We just returned from an annual trip to Oklahoma. Every summer, Mr. TJL and Little Miss go to Oklahoma to find metal for the art business. They scour scrap yards, metal yards, antique and thrift stores, appliance stores; pretty much … Continue reading

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Church of FI – Did I just hit $1MM in assets?

Do you see that? My assets have officially topped $1,000,000! Even though this milestone is market dependent, it still feels damn good to have achieved. If I sold all my assets today, I still would not have enough money to … Continue reading

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The Big Scratch – August 2016 Net Worth Update

Life has finally slowed down a little. I even had time to learn how to hem my jeans this weekend. My mother gave me a sewing machine about three years ago and it has mostly sat idle. The main exception … Continue reading

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Redefining a Middle-Class lifestyle

The data is pretty clear that income levels have either fallen or stagnated over the last ten years. There has been much to-do about this issue, with many Americans claiming that they are struggling, living paycheck to paycheck, and couldn’t … Continue reading

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How Wealthy Should you be?

This week I am reading The Millionaire Next Door by Thomas Stanley and William Danko. I am about half way through and am pretty bored. I just finished Your Money or your Life, and it was a snooze fest as … Continue reading

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