Financial Independence, retire early and travel
We all try to teach our kids the best of values, strive to provide them the best education possible but when it comes to money, we all wait till they reach at least teenage to talk to them about it. Even the master of finance, Warren Buffett, seems to agree. According to him one should…
It is a sad day and an immense loss for the world to lose a star like Kobe Bryant. Though I am not a basketball fan, but the only few matches I have seen featured Kobe Bryant. And it was a pleasure as well as moments filled with awe seeing what he was able to…
Rohit – You know what, I don’t think I can retire early. I think only people who earn more than Rs. 1 crore can retire early. This is not just the story of Rohit but of countless people I have spoken with. What people fail to understand is that income is the least important thing…
“What if I am not able to deliver the project?”, “What if I get fired?”, “I am a huge failure!”, “What is the point of everything?”. My brain was becoming an endless pit of questions. “What if, what if, what if…?”. Suddenly I felt entire weight of the world on my chest. I couldn’t breathe….
Happy new year to all my readers. New year is the time for resolutions, so let us take some financial resolutions for the year. The idea is to take new year resolutions for wealth creation. Wealth creation as much about a strong resolve as it is about financial acumen. So let us take a few…
“I know where to invest I just don’t have the money”, “I am waiting for my appraisal and then I will start a new SIP”… There is a long list of quotes with similar meaning that I hear from my friends. The crux is that they know where to invest but they don’t think they…
A lot of people have asked me if National Pension Scheme (NPS) is a good investment instrument or option. However, let us look at what NPS is, its variants and how it compares to PPF before I answer that question. What is NPS? NPS is a government-sponsored pension program open to employees from the public,…
A lot has been written about early retirement and financial independence. Be it the 4% rule, or reducing expense or buy what you need, not what you want. However, there is one key thing to do if you want to retire early. Automate your savings. Yes, this is the most important thing to do. Why,…
I am sure you would have heard the above saying: “why rich get richer ?”. And I totally agree with the statement. It is true, rich do get richer. Income inequality is growing considerably. Top 1% in the world keep on becoming richer. And there are plenty of reasons for that. Yes, you can blame…
While I wrote a post about how to calculate retirement corpus a while back with detailed excels and steps, a lot of people since then have told me that it is a bit difficult to understand the methodology and assumptions for someone who is new to early retirement or financial independence. Hence, in this post…