Tag Archives: Financial Independence

(Disclosure: Some of the links below may be affiliate links) Typically, when we do retirement simulations, we want to take as many years back as possible. For my previous Retirement simulations, this meant using about 150 years of data to do the simulation.However, there is potentially an issue with that simulation. What if we are not in the same situation now anymore? What if the chances of success in recent years are significantly different from before?I thought it would be an interesting...

(Disclosure: Some of the links below may be affiliate links) 2019 is now well over! It means it is time to set ourselves new goals for 2020. I liked having yearly goals since we started. So, it is now time to set our 2020 Goals.Earlier, we reviewed our 2019 Goals. We checked every goal to see what could be improved. Some of the goals were not perfect. But some of the goals were great. On some of the goals, we did not do enough to reach them.Our 2019 goals were already much better than our...

(Disclosure: Some of the links below may be affiliate links) I think a lot of people will agree that having lots of paper documents at home is a hassle. Who would not want to get rid of all this for a better solution?Recently, I decided to become paperless with my administrative documents. It was a long work. But now, I am finally done. All my documents are available as electronic documents now. I have been able to throw away five big document binders!I have used my phone as a scanner and...

(Disclosure: Some of the links below may be affiliate links) Would you like to know precisely which withdrawal rate is safe and will sustain your lifestyle for a very long time? You will find the answer in this post with updated results from the Trinity Study!I have recently talked in detail about The Trinity Study. This study researched different withdrawal rates for retirement. Although the original research was not about early retirement, it is referred a lot in the Financial Independence...

(Disclosure: Some of the links below may be affiliate links) Now that the year is over, it is time for our 2019 Goals Review! At the beginning of 2019, I have set myself several goals for the year. 2019 was the second year I did set goals for myself.In 2018, my goals were too easy and not original. For 2019, I have tried to make them more ambitious and more interesting. I think I have succeeded in that matter. The goals were more ambitious. But several of my goals could be improved. And I...

(Disclosure: Some of the links below may be affiliate links) Many people are using bonds in their portfolio to make it less volatile. And many people are basing their retirement on the 4% rule. But bond yields have never been so low. So how does the 4% rule work when yields are lower?I am going to try to answer this question in this post. I am going to simulate the chances of success with the 4% rule with different bond returns. The idea is to lower the historical interest rate to see what...

(Disclosure: Some of the links below may be affiliate links) In our Three Pillars of Retirement of Switzerland series, we already talked about the first and second pillar. We now have to cover the most important of the three pillars: The Third Pillar.The third pillar is the only one that is not mandatory. Everybody is free to choose to invest in the third pillar or not. It is simpler than the second pillar. But there are many more choices than you can make. You can optimize a lot of things...

(Disclosure: Some of the links below may be affiliate links) It is essential to set yourself goals. And it is even more important to set yourself some good goals. Indeed, not each goal is the same. Having good goals will make it easier and more motivating to reach them.And the beginning of the year is the best time to start setting goals! But this time, you are going to reach them!Since I have started to work on my personal finances, I have set myself some goals every year. It helped me a lot...

(Disclosure: Some of the links below may be affiliate links) We have studied the first pillar in the previous post in the series. Now, it is time to see the second pillar. The second pillar is an occupational pension for people working in Switzerland.The first pillar covers the basic needs of everybody. If you did not read the previous part, I would encourage you to do it before you read this article. The second pillar is here to cover a larger part of your salary than the first one. It is an...

(Disclosure: Some of the links below may be affiliate links) The retirement system of Switzerland is a system with three pillars. Each pillar is paid differently and will cover different needs. The first pillar is the state pension.If you are working in Switzerland, it is essential to know these three pillars. Even if you do not plan to retire in Switzerland, it is essential to understand how they work. It will help you plan your retirement.In this post, I am going to talk in detail about the...