This is the archive of all our articles related to how financial freedom and early retirement (FIRE)
Here is why we should invest both money and time as much as possible when our parents are young and able, else it may be too late to rectify. If you are under 35, that is a young earner, then this post is for you. If you are above that age, then you are likely…
Continue reading →FIRE in personal finance is an acronym for “Financial Independence, Retire Early”. Stay long enough in any personal finance forum, and you would realize that there is a lot of confusion about what is FIRE and more importantly, what it is not! I requested SEBI registered fee-only investment advisor, S. R. Srinivasan (who has shared…
Continue reading →Retirement planning is the hardest exercise in financial planning or in other words making sure we are heading towards an adequate retirement corpus that will outlive us. There are many unknowns and uncertainties while planning for retirement. A good plan is essential to counter these. Also essential is a yearly review and recalculation of the…
Continue reading →We discuss the basics of portfolio rebalancing: why do it, how to do it and when to do it, to address some of the common questions that investors have.
Continue reading →With the repo rate at its lowest, fixed-income investment rates which were already heading south over the last few years are likely to stay there and move down further in future. Equity returns have been consistently heading lower and lower too. This can destroy all financial plans especially retirement which does not come with a…
Continue reading →Last week I had reported that the annualized return (XIRR) of all my equity MF transactions tagged to retirement planning goal (or financial freedom) dropped from 11.6% in Dec 2019 to 2.75% after the crash. Some readers were either disheartened about this or twisted the result to point out equity investing is risky. In this…
Continue reading →Sooner or later after we finish college and start working, a life-altering realisation hits us. We find out what our school mates and college mates are doing, their lifestyle, how much they are likely to earn etc. We begin defining our relative station in life. What should a reasonably young person with “low income” do to…
Continue reading →When I first computed the overall equity mutual fund portfolio return for my retirement corpus after the crash it was close to 10%. I thought, “hey that does not seem bad! Maybe with time, the XIRR sensitivity to market movement is lower”. Turns out, there was a problem in the calculation and the return is…
Continue reading →This is a simple thumb rule for computing how much money we require for financial independence and retirement – normal or early (aka FIRE). You can also download a free e-book, an Excel sheet and an android app to answer questions like (1) what is the corpus required? (2) How long will a corpus last?…
Continue reading →Should you take advantage of EPF advance announced in view of the lockdown and shift it to equity? A look at who should consider this.
Continue reading →Amar is 27 and salaried and hopes to retire by 58. Here is how he can plan for financial freedom in retirement. We shall consider how Amar can derive an inflation-protected income and be financially free after retirement.
Continue reading →A reader shares her journey to financial freedom. How it changed her life and how the formula for financial independence is simpler than we think!
Continue reading →Everyone agrees that a good amount of equity exposure is necessary for building a retirement corpus capable of handling inflation when income from employment stops. This can be done via some mix of equity mutual funds and direct equity. What about the fixed income or debt part of the portfolio? Let us consider the investment…
Continue reading →When a couple has children, securing their future is a top priority. In this article, SEBI Registered Investment Advisor Preeti Zende discusses the case of a couple, Venkatesh and Latha who desire financial freedom but will have to secure the future of their two children first. She explains in detail how a family can plan…
Continue reading →SEBI registered fee-only investment advisor, S R Srinivasan (SRS) discusses his journey to financial freedom for the benefit of freefincal readers. This is the second part of his guest post. In the first part published yesterday, he talked about his approach and investment choices. If you have not read it, please head over there first…
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