Today I have an update for you from a previous millionaire interview. I'm letting three years pass from the initial interviews to the updates, so if you've been interviewed, I'll be in touch. ;) Today we have the OG himself, Millionaire Interview 1. This interview took place in May 2020. As usual, my questions are in bold italics and his responses … [Read more...]
Archives for August 2020
My Online Retirement Seminar
I've been to several direct mail retirement seminars (here's the summary for the first, second, and third seminars) as well as a retirement workshop. All of these were used by financial planners to solicit new clients. I was aware of that when I went to them (of course) and expected that a "pitch" or "offer" of some sort would be made. But little did I suspect that … [Read more...]
Savings Tips for the Top Five Housing-Related Costs
I have heard a couple philosophies on the best ways to save money. One school of thought is that you need to focus on the "big three" expenses -- housing, transportation, and food. The proponents of this line of thinking say that if you get these right, the rest of your spending takes care of itself. Another school of thought says watching "small spending" is just as … [Read more...]
Retirement Interview 25
Here’s our latest interview with a retiree as we seek to learn from those who have actually taken the retirement plunge. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. This interview was conducted in June. My questions are in bold italics and her responses follow in black. Let's get started... GENERAL OVERVIEW How … [Read more...]
18 Traits of the Happiest Retirees
Over the past few weeks I've been sharing parts of the book You Can Retire Sooner Than You Think and giving my thoughts on it. It's a great retirement book that I highly recommend because it's helpful for almost anyone interested in retirement. Those who are 5-10 years before retirement can use it to fine-tune their plans while those farther out can use the book to design an … [Read more...]
Ten Tips to Make the Most from Your Retirement
The book What Will I Do All Day? ends with "10 take-aways that can help you get over retirement and on with living." I thought I'd share those today and give my thoughts on them. Let's get started... 1. Know your destination. Quote from the book: You shouldn’t decide on Wednesday to retire on Friday. Even if you could retire, you’re not ready until you know where … [Read more...]
Millionaire Interview 199
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past several years, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then, but would like to get them all completed soon, so you’ll see more of these in the next few weeks. All great … [Read more...]
Five Things I Miss About Work
Did anyone see this a while ago? It's an article about Sam at Financial Samurai. He's been retired for seven years (he retired at 34) and is supposedly looking to re-enter the workforce. Here's what I see as the key parts of the post: Due to his child’s education, a slumping economy, the cost of living in San Francisco and a general ennui with the retirement … [Read more...]
What Will You Do All Day in Retirement?
The most recent retirement book I've read asks a great question. The book is What Will I Do All Day? and has the sub-title of "Wisdom to Get You Over Retirement and on With Living!" I liked this book. It was a short, easy read and is full of questions and tasks designed to get the reader to think and take action on various parts of retirement. As I've done with other … [Read more...]
Millionaire Interview 198
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past several years, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then, but would like to get them all completed soon, so you’ll see more of these in the next few weeks. All great … [Read more...]
