Funding Children’s Education

After reading my earlier post on How to Retire Early in 5 Steps, some of my friends asked me if it is realistic to be able to achieve early retirement given the soaring cost of children’s education. So I thought I should elaborate a little bit, which is what this post is all about. I want to preface by saying the following I personally did not plan expenses for my child’s education since I do not believe in the current education system and we decided to home school our child I don’t believe expensive schools impart better knowledge than cheaper … Continue reading “Funding Children’s Education”

Math Behind Financial Planning (FV, PV and Annuity)

Saving early is one of the first steps you need to take when you are planning early retirement. I talked about it briefly in my earlier post, but wanted to elaborate a little bit and may be show a few formulas along the way to help you better understand how starting early and compounding make such a huge difference. This post will help you do your own financial planning if you are so inclined. I did not use a financial planner and always preferred to do it myself. So if you are like me, you might enjoy it. Let’s start … Continue reading “Math Behind Financial Planning (FV, PV and Annuity)”