Early Retirement Extreme

Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity

Retiring happy in the 21st century

Published in June 4th, 2008

Posted by Jacob in assets, consumerism, ecological footprint, financial security, inflation, planning

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!One must save to retire, because savings transfer purchasing power from the present to the future and in order to stop working one must have claims on future goods. That much is obvious (if not, read this post). Since [...]

Early Retirement Portfolios

Published in May 22nd, 2008

Posted by Jacob in inflation, investments, planning

16 Comments

As I have mentioned before extreme early retirement (<35) does not happen due to a prudent investment plan. It happens either by following an extreme savings plan or by being lucky (rich uncle, lottery, penny stocks, real estate, …). These reason is that the time it takes to reach financial independence, around 5 years, is [...]

Are you prepared for stagflation?

Published in February 4th, 2008

Posted by Jacob in economy, inflation, investments, sub-prime

3 Comments

A few days ago I heard the recession word used for the first time as in “we are now in a recession”. The real question is whether this is going to be a short one (like they usually are) or whether the double whammy of an inflated stockmarket followed by an inflated housing market followed [...]

How I became financially independent in 5 years - Part I

Published in December 26th, 2007

Posted by Jacob in compound interest, cost of living, expenses, financial independence, financial security, frugal, inflation, job, liabilities, motivation, personal finance, standard of living, voluntary simplicity

8 Comments

If you enjoy this post, please consider subscribing to the blog. You can subscribe by using one of the options in the upper right corner. Personally, I prefer readers, email and google in that order. Simply click on the links and things should happen automatically.

I posit that most people can attain financial independence in less [...]

Forget about net worth, consider the bottom line

Published in December 25th, 2007

Posted by Jacob in assets, cost of living, financial independence, financial security, inflation, investments, liabilities, net worth, personal finance, saving

1 Comment

I think the income or p&l statement which catalogues earnings and expenses is more telling about a person’s financial situation on a day to day basis than the balance sheet which is where you calculate your net worth. The balance sheet is more useful when you are considering buying or selling assets. So for example, [...]

How to save money on milk

Published in December 8th, 2007

Posted by Jacob in inflation, recipe

5 Comments

With the price of milk going up up and away just like anything else that nominated in declining dollars, you might be thinking about what to do about it. Short of buying a cow, here’s my answer:
Stop drinking milk!
Let’s face it sucking on the teat of a cow is simply unnatural unless you [...]