“The Simple Path to Wealth” Makes Acquiring Financial Freedom Look Easy

“The Simple Path to Wealth” Makes Acquiring Financial Freedom Look Easy

JL Collins recently released his first book, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. Collins is not yet a household name for most people. However, if you start reading blogs among the early retirement community, you cannot help but learn about the man. He has been…

How ACA Subsidies Can Benefit Early Retirees

How ACA Subsidies Can Benefit Early Retirees

In a recent post, I discussed some of the tremendous tax advantages associated with early retirement. This follow-up discusses another aspect of the tax code that is very favorable to early retirees: ACA subsidies. It’s often a low-cost lifestyle that enables people to retire early and benefit from low taxes in retirement. Well, this also…

A Review of “The White Coat Investor”: Money Advice for High Earners

A Review of “The White Coat Investor”: Money Advice for High Earners

Are you a physician, other medical professional, attorney, engineer, or in another profession requiring advanced education to obtain a high-paying job? If so, you’ve spent years of your life going to school. You’ve spent tens if not hundreds of thousands of dollars obtaining degrees that allow you to be a highly compensated professional. But despite…

Variable Annuities: What They Are and Why They’re a Bad Idea for Most Investors

Variable Annuities: What They Are and Why They’re a Bad Idea for Most Investors

I received my initial financial education, particularly as it relates to investing, courtesy of the school of hard knocks. My wife and I spent the first decade of our careers investing with an advisor, one who was paid by commissions on the products we were sold. In the process, we made many massive and expensive…

What You Need to Know About Health Care Sharing Ministries (HCSM)

What You Need to Know About Health Care Sharing Ministries (HCSM)

If you’re looking to leave the traditional workforce to be an entrepreneur, freelance worker, or early retiree, one of the biggest financial challenges you will face is medical insurance. Health Care Sharing Ministries (HCSM) are an alternative to traditional health insurance policies and could be a viable solution for some people. Why an alternative is…