The biggest downside to retirement is boredom. Retiring suddenly means filling a 10-hour vacuum every day if you worked a standard 40 hours a week and had a standard painful commute. I was admittedly bored my first year in retirement, even though I had Financial Samurai to connect with the rest of the world. I'd be done writing and responding to comments and e-mail by 10:30 … [Read more...]
Being Rich And Debt Free Will Kill Your Happiness
When I left Corporate America in 2012 to work on Financial Samurai, I never considered working part-time for anybody else. My goal was to concurrently build passive income streams and online income in order to never have to work for anybody again. It wasn't until 1.5 years after being on my own that I began to feel the itch to assimilate back into day-to-day society. It gets … [Read more...]
When To Boot Your Adult Kids Out Of The House
It's estimated that roughly 14% of adults between the ages of 24-34 and 51% of adults between the ages of 18-23 still live at home with their parents according to a December 2013 Gallup poll. The numbers have been rising over the years as housing has become more expensive and jobs less plentiful. Add on the explosive student loan debt debacle and it's easy to see why adult … [Read more...]
BlackRock’s Acquisition Of FutureAdvisor Is Just The Beginning For Fintech
On August 26, 2015, BlackRock announced that they will be acquiring FutureAdvisor for an undisclosed amount. There are talks of the valuation being between $150 - $200M, which is incredible because they raised a Series B round just last year with a valuation of $75M. This is huge news for the robo-advisory space as BlackRock is one of the largest financial institutions in the … [Read more...]
Advice For College Graduates: Prepare For Hell!
I’m sorry to say, but the best years of your life might be over! For the past four to five years, you’ve been living in a comfortable bubble where the worst part of your day might be getting a C for a mid-term you didn’t even study that hard for. Or maybe you feel like you’re having a tough time fitting in. The truth is that once you graduate, nobody really cares. All the time … [Read more...]