How To Plan Your Financial Independence

Several people have routinely asked me whether I planned for this or that before deciding to retire early. Well I planned the way that works for me under my circumstances. There is no one size fits all and no one comprehensive definite solution. None the less, since so many people have this question about how to go about planning for financial independence, I thought I should write a post about it. So what were your questions? Some have asked me if I had planned for child’s education, child’s marriage, travel, medical expenses, inheritance etc before deciding to retire early. I … Continue reading “How To Plan Your Financial Independence”

Some Useful Educational Resources

In the most recently concluded Virtual Meet-up, there was a lot of discussion about children’s education. My colleague and a reader of my blog Naveen B shared a bunch of useful resources. I thought it will help other readers as well so here they are The only resource I have used so far with my daughter is Thank you Naveen! If anyone else have other useful links, please share with me and I will update this page.

The Sweet Spot: Comparison With MMM

Recently Mr. Money Mustache (MMM) wrote a nice article on finding the sweet spot as applicable to various things in life. For example, a successful tech career’s sweet spot is when someone has worked for 10-15 years and has accumulated a few million dollars (in the US context). The “too less” side of things is when the person is earning $15/hour. The too much side is when they have accumulated tons of wealth but at the cost of 40 years of stressful work. Similarly, he draws parallels to other aspects of life. For example, the sweet spot for a work … Continue reading “The Sweet Spot: Comparison With MMM”

Funding Child’s Education Expenses

In the past, I wrote about how to fund children’s education expenses, but some of my readers felt that there should be a calculator to figure out education expenses. So naturally, I am obliged to fill the gap with this calculator. I would strongly urge you to read the previous post before using this calculator to understand the basics first. Lets get some shortcomings of the calculator out of the way before using it. First, note that this calculator does not assume you will retire early. It will just tell you a number which is how much your corpus should … Continue reading “Funding Child’s Education Expenses”