Do You Have a Vision for Your Retirement?

Do you have a dream for early retirement

Do you dream about early retirement? The definition of retirement is the action of leaving one’s job and ceasing to work. That is why the term retirement and financial independence are often used interchangeably. Both, retirement and financial independence, are achieved when you have enough retirement savings and investment incomes or NZ super to cover your expenses. The History of Retirement Retirement hasn’t actually been around for that long- it …

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Juno vs. Simplicity vs. Superlife Kiwisaver Funds

Juno vs. Simplicity vs. Superlife Kiwisaver Funds

Getting your kiwisaver sorted is one of the most crucial aspects of your personal finance for Kiwis. I’ve previously written about different aspects of Kiwisaver- about some of the myths around kiwisaver, and the downsides of kiwisaver. But, I’ve never really looked into some kiwisaver providers. The default funds that you are automatically enrolled in once you sign up usually don’t align with your investment strategy, ethics, or risk tolerance. …

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Active Investing with Passively Managed Funds

Active investing with passive index funds

Exchange-traded funds (ETF’s) have been around since the early 1990s. And ever since ETFs have been around, the idea of investing in ETF’s have been interchangeable with Passive investing, but in reality- passive investing still has an active component. Passive investing is where you buy a portfolio of assets that replicate a certain index, say the NZX50 or S&P500, or any other fund that is not actively managed by fund …

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The Shockingly Simple Maths – Simulations

The Shockingly Simple Maths – Anecdotal Evidence

Last week I said that the what started my journey to financial freedom was reading the post the shockingly simple maths behind retiring early from Mr Money Mustache. When I read that somehow everything seemed to click for me. It all just boils down to your savings rate. However, lately, I have been reading some post stating that in reality, it’s not as simple as what Mr MMM lays out. …

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The Shockingly Simple Maths – Anecdotal Evidence

The Shockingly Simple Maths – Anecdotal Evidence

The thing that started my journey to financial freedom was reading the post the shockingly simple maths behind retiring early from Mr Money Mustache. When I read that somehow everything seemed to click for me. It all just boils down to your savings rate. The actual numbers are less important compared to the rate at which you save. Rather- its the ratio between what you spend and what you save. …

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What to do in a Falling Market?

What to do in a falling stock market

Recently, the stock market hasn’t been doing so well. Businesses around the world, like Apple and Kathmandu, are announcing disappointing sales. Just go look at your kiwisaver balance. You might find that it has decreased in value slightly. The question is, what should you do with your investments when the market is falling? Specifically, your investments in stocks. Several months ago, NZ business confidence was at a 9 year low. …

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Will You Be Happier If You Work Till You Die?

Will You Be Happier If You Work Till You Die?

Lately, this Suze Orman character, someone I’ve never heard of, started telling people they will be happier if they work till they die.  Not exactly in those words, but close enough. She does not think the average person can achieve FIRE. And to be honest, the normal person can’t if they were to live like her. Take her opinion on how much you would need to retire “You need at …

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KiwiSaver Myths, Busting the Big Misconceptions

Common Kiwisaver Myths that still exist.

The markets have been a bit shaky at the moment. And now everyone is talking about what’s happening with their KiwiSaver. Your KiwiSaver might have recently seen a decrease in value if you have some proportion of in investing in the stock market. Whenever I talk to people about KiwiSaver, talking to friends and family, colleagues, and even strangers waiting in lines at the bank, (Yes that did happen once) …

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Calculating some FIRE numbers

Calculating some financial independence retire early numbers

I want to achieve financial independence and be able to retire early, just like many of you. There are many reasons for it. To slow travel more, spend quality time with family and friends, expand my mind and pursue my dreams and hobbies. To be able to manage my own time and quite the commute. More freedom. But I realize that I don’t really have a plan. And you need …

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Why Do We Fantasize About The End of the World?

The end of the world is near. Are you prepared?

Every day, there seems to be another prediction on when and how the world will end. Maybe it will be destroyed by asteroids, or mankind will release numerous nuclear weapons and initiate the dreaded mutually assured destruction.  A zombie virus might break out, or global warming destroys the planets ability to sustain life.  The blood moon may signal the second coming of Christ.  Ronald Weinland from the Church of God …

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