This is the archive of all our articles related to how financial freedom and early retirement (FIRE)
Is early retirement in India possible? Can a 45-year-old with ‘enough’ saved up, hang up his boots and avoid a full-time job for the rest of his life? In this post, I do a feasibility study considering three different scenarios for early retirement to determine the most practical approach. Early retirement is a phrase that…
Continue reading →Here is a list of ‘qualifications’ necessary to do your own financial planning. This is not a ‘find a financial planner, if you cannot find the time to do it yourself, post! I am writing this for two reasons: out of irritation and fear. I am irritated that time and again financial planners and mutual…
Continue reading →What is the worst that can happen to us from a financial standpoint? Life insurance will take care of our family upon our death provided, it is adequate and kept in force – check your cover here. Health insurance will take of a family member’s hospitalization provided, it is enhanced often enough to keep pace…
Continue reading →This intriguing question was recently asked by my friend. Intriguing because it can be answered in two ways: In one word! Or by considering all possible ways an emergency fund would see some action! By action, I of course refer to emergencies only! American financial coach Dave Ramsey, often says, “Christmas is not an emergency!”…
Continue reading →This summer I am spending quite a bit of time with my 16 year old nephew. He is a philosopher, writer, artist and entrepreneur! He makes money by doing chores for his parents. He makes money by doing drawing assignments and other odd jobs for his friends! When I asked him where this money goes…
Continue reading →There are times when we have a large sum of money to be spent, not in one-shot, but over the course of a few years. Retirement of course is the most obvious and most complicated example wherein the corpus has to last from a few years to decades. There can other situations: a person who…
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