by G. Brian Davis | Last updated Aug 7, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on Creating a Financial Freedom Plan: Financial independence is achieved through a series of stages, beginning from a negative net worth and progressing through financial solvency, stability, and halfway to financial independence. Crafting and...
by G. Brian Davis | Last updated Aug 11, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on How to Invest in Real Estate With a 401(k): Publicly traded REITs, borrowing from a 401(k), and using self-directed IRAs or 401(k)s are some of the ways to incorporate real estate into retirement savings. Self-directed IRAs (SDIRAs) and...
by G. Brian Davis | Last updated Aug 2, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on Going Self-Insured vs Fully Insured: Self-insurance allows individuals to set aside funds for any emergency, offering flexibility that specific insurance policies do not. By self-insuring, individuals can potentially save more money compared to...
by G. Brian Davis | Last updated Jul 26, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture On the Rule of 72 in Investing: The Rule of 72 is a simple formula to estimate how long it takes an investment to double: Years to double = 72 / rate of return. Variations like the Rule of 70 or 69.3 can be used for more accuracy at different return...
by G. Brian Davis | Last updated Jul 25, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Spark Blog |
The Big Picture On Bonds vs Real Estate Investment for Retirement Low Treasury bond returns make them less suitable for retirement income. Real estate offers stable income and low risk, serving as a bond alternative for retirees. Retirees can invest in real estate...
by G. Brian Davis | Last updated Jul 10, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on How Much To Save To Retire Quickly: Your savings rate and living expenses significantly influence how much you need to save for retirement. Lowering living expenses both boosts your savings rate and decreases your required nest egg. Focus on the...