red-fall-leaves

The Use It Up Challenge, and Our Nothing New Year

We’ve got a new challenge for you! This one requires some context, which we share in detail in the post, but bottom line: the stuff we donate isn’t often ending up where we think. So we’re asking ourselves if donating and recycling are still the best course of action, or whether we should reconsider what we do with the stuff we no longer want. Join us, won’t you? Continue reading The Use It Up Challenge, and Our Nothing New Year

OurNextLife.com // Early Retirement Blog, Financial Independence Blog, Documenting Our Journey to FIRE in a Mountain Town

Planning for Social Interaction in Early Retirement // You Need New Friends!

Something we need to plan for better is how we’ll get social interaction after we leave the workforce. In other words: We need more friends! Soon, we’ll have our best free time when our current friends are at work, so need friends whose time aligns with ours. Plus, having good friends does wonders for mental and physical health, especially as we age. Continue reading Planning for Social Interaction in Early Retirement // You Need New Friends!

OurNextLife.com // Optimizing Our Early Retirement Income // Taxes and ACA vs Actual Cashflow

Optimizing Our Retirement Income // ACA and Taxes Vs Actual Cashflow

There’s an issue that we’ve struggled to get our heads around, which we’ll call our optimal retirement income: a level at which we get a big Obamacare/ACA subsidy on our health insurance, we pay low taxes and we enjoy a comfortable standard of living. But calculating that number is not as straightforward as it seems. Enter the income vs. cashflow discrepancy! Continue reading Optimizing Our Retirement Income // ACA and Taxes Vs Actual Cashflow