Tag: divorce

The 4% Rule Is Not Your Friend

The 4% Rule Is Not Your Friend for Early Retirement Savings // ournextlife.com, Tanja Hester, author of Work Optional: Retire Early the Non-Penny-Pinching Way, financial independence, FIRE movement

Today I’m tackling a popular and contentious principle in the FIRE community: the 4% rule. I’ve written about a major flaw of the “rule” before, namely that it relies on a false myth of level spending year over year in retirement, but today I’m taking on whether we can actually expect the 4% rule to give us enough of a margin of safety in the future.

More Than a Prenup, You Need a Pre-FIRE Agreement

Why married early retirees should have a pre-FIRE agreement, prenup for early retirement, prenup for financial independence

We love that more and more people are talking about prenups these days (more financial transparency between partners is great!), but for those of us considering early retirement, we think a pre-FIRE agreement is even more important. After all, early retirement comes with its own set of major risks, some of which we’re insulated from to some extent as a couple, but others which become bigger risks for those who are married. Here’s how we’re navigating this.