Retirement

If you’re increasing your safe withdrawal rate for retirement now, you’re likely making a mistake. You might be inadvertently top-ticking the market as the Fed embarks on what is likely a multi-year rate cut cycle. One of the main reasons the Fed is cutting rates is due to growing weakness in the labor market. Inflation […]

Like millions of others, I watched with intrigue the first—and potentially only—Donald Trump and Kamala Harris presidential debate. One of the most important topics discussed was illegal immigration and how the Biden/Harris administration allowed millions of illegal immigrants to enter the country. If you’re willing to flee your country and attempt to enter America illegally,

Since I purchased my house in October 2023, I’ve been feeling broke. I’m living paycheck to paycheck to cover my bills and fund venture capital calls. In fact, even after realizing I had missed a $25,000 capital call, it took me another week to pay it off because I didn’t have enough money on hand.

Last month, I missed a $25,000 capital call without even realizing it. The Managing Partner of the fund, a friend I’ve known since business school, texted me while he was on vacation. He wrote, “Hi Sam—hope you’re having a good summer. I’m texting from Holland—sorry for the quick note, but just a reminder that the

Needless to say, a $20 million net worth is a substantial amount of money. It firmly places you within the top 1% of net worth, with the current minimum threshold around $13 million. Previously, we discussed how a $10 million net worth, and even a $5 million net worth, are both ideal amounts for retirement,

With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and agents to win business. For example, Sotheby’s has decided to charge 2% to the seller and 2% to the buyer—or even less—to stay competitive. Other brokerages will likely follow suit. For individual real estate agents,

Life is easier when you can make a positive connection with other people. As I discovered recently, creating a connection with your service provider can also save you money or provide you better service. One of the ways I’m decumulating wealth is by spending money on massages. I love getting massages, especially after a lot

Starting at age 45 in 2022, I consciously started focusing on decumulating wealth. I realized that my life was likely half over, and I needed to start spending more to prevent dying with too much money. If I died with too much money, it would mean that I had wasted a lot of time and

Many of us experience mental health conditions or know someone close to us who does. Life is stressful and it only seems to get more stressful over time. The difficulties of day-to-day life can cause significant anxiety about what the future holds. We’ve discussed parental existential crisis and money dysmorphia, both of which may stem

In the second half of 2023, I significantly impacted our passive income, causing our household to technically lose its financial independence. Prior to this, we had been financially independent since 2012, when I left my banking job. My goal now is to regain financial independence by December 31, 2027. To achieve this, I need to