Kate and Seb, a couple in their 40s with one young daughter, asked Ken from @thehumblepenny at what age they can realistically hope to retire. In this detailed case study, Ken goes through their numbers to show them they are in a good place. Not only that, he also shares the logic and calculations he used, so that we can apply them to our own personal situations.
Which should you focus on if you want to reach Financial Independence? There are some advantages and disadvantages to each of them. Let’s see:
The Frugal Foxes discuss the thorny issue of how much of your income your should allocate to discretionary spending.
Over at Tuppenny’s FIREplace arguments about money have been significantly reduced by the introduction of a money allowance. What do you think of the idea?
Dividend Cake reveals his retirement game plan, which includes a pension fund, pension plan, dividend portfolio and real estate.