Financial Independence, retire early and travel
A lot of people stress about visa requirements when travelling to other countries from India. You may not know this, but if you have a valid US visa, there are a lot of countries you can visit from India without requiring additional visa. US visa is a valid visa for around 40 other countries. Of…
I was speaking with a colleague about financial independence and early retirement the other day. One of the question he asked and a question I have seen a lot on the web as well was, “What sacrifices are you making?”. And the only answer I gave was, “nothing”. But he probed further and asked that…
I love to travel to new places and that is my only expensive passion. As a FIRE or early retirement enthusiast, it is a challenge for me to lower my expenses yet fulfil my passion. I am sure there is at least one other soul who loves to travel and wants to retire early. Hence,…
While it is best to start your early retirement journey as early as possible, but it is not always possible. So is it possible to retire early if you started late, say in your 40s? Can you retire in another 7-10 years? Let’s figure out what are some things that will work in your favour…
I don’t know why I didn’t write a dedicated post on financial independence earlier. It seems a lot of my readers still misunderstand financial independence or F.I.R.E. Though I have explained about it in my post on why early retirement is not the same as not working, but I think it’s a good idea to…
A lot of users want a quick SIP calculator. I have used Widgets Code website to embed this SIP calculator. You need to enter the monthly investment amount, interest rate, compounding period (for SIP it should be monthly). And total period (in months) till you want to continue the SIP. The calculator will return maturity…
You might have been reading my blogs on financial independence or this might be your first one. Nevertheless, let us combine reading with some action. Now is the time to take up a savings challenge and start on the path of financial independence and early retirement. The idea helps you with saving more. The challenge…
So you want to invest in equity markets but don’t know how much of your folio should you invest in equity. You might have heard about the 100 – age rule. But that is just a thumb rule that is pretty general. The nuances of equity investing cannot be captured by any thumb rule (except…
A lot of people ask me if they have to be miserly or cheap to gain financial independence or retire early. I have also heard people who are frugal, being called “cheap” in social circles. That is why it is important to differentiate between the two. It seems a lot of people misunderstand frugality with…
You might have heard about the magic number of $75,000. A study that was done in the US reveals that “happiness peaks at $75,000 salary per year”. But what does that mean if you are in India or any other country? How much money do you need to be happy in other countries? While the…