Last Updated on September 11, 2021 at 6:30 pm Online financial health checkers usually are based on “personal finance ratios”. read more about them here. There are more useful to the finance professional than to the layman to assess the financial state of an individual. So I made this financial health checker which does not…
Continue reading →Last Updated on January 31, 2021 at 6:40 pm When you make a financial plan/calculation you usually assume some inflation rate and interest rate. However, there is no guarantee that these rates will be the same as the ones you assumed. If actual inflation was lower and actual interest rates higher, great! Well you know…
Continue reading →Last Updated on September 1, 2021 at 7:19 pm Can you become financial independent and retire in 5 years? I came across the Early Retirement Extreme blog sometime back. Dr. Jacob Lund Fisker is a theoretical physicist who became financially independent in 5 years by saving upwards of 75% of his take-home pay. He has…
Continue reading →Last Updated on September 1, 2021 at 7:08 pm Unfortunately there is, or at least can be, a big difference between: “When I WANT to retire” and “When I CAN retire” WANT is governed by job pressure, stress, burnout etc. CAN is unfortunately governed by how one can save, inflation, interest rates, life expectancy Find…
Continue reading →Last Updated on January 31, 2021 at 6:36 pm How Much Insurance Do I need? Use this comprehensive needs approach insurance calculator to find out. Before calculating the insurance amount required for you, please take a moment and recognize that anyone of us can die at any time. Remember how you felt when heard of…
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