safe withdrawal strategies Archives - CLIPPING CHAINS

Mike Piper: Down To The Essence Of Smart Money Management

Mr. Clipping Chains — Mon, 12 Jun 2023 06:00:00 +0000

Mike Piper is a CPA and the creator of the Oblivious Investor blog, where he teaches a philosophy of simple and low-maintenance investing. Mike’s simple philosophy distills down to three primary principles: Mike began his career as a CPA before realizing he could support himself by writing books. Surprisingly, he left his secure job during …

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QA9: What Is the Point of Financial Optimization?

Mr. Clipping Chains — Mon, 19 Dec 2022 07:00:00 +0000

We’re back to the digital mailbag to answer your questions! For this week: Submit Your Questions! I solicit questions from email subscribers of this website. First, become an email subscriber here, which also includes a FREE spending and net worth tracking spreadsheet: Subscribe for new posts and receive a FREE spreadsheet for tracking spending, income, …

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Can The 4% Rule Actually Work For Early Retirement?

Mr. Clipping Chains — Mon, 17 Oct 2022 06:00:00 +0000

The 4% rule suggests that a retiree who withdraws no more than 4% of their portfolio each year could have provided for a 30-year retirement window during most historical retirement windows. And that is true! The problem is that the FIRE community, however, perpetuates at least two misconceptions when discussing the 4% rule. Today, we …

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QA7: Financial Freedom Fast-Tracks and Climbing Plateau Busters

Mr. Clipping Chains — Mon, 01 Aug 2022 06:00:00 +0000

We’re back to the digital mailbag to answer your questions! For this week: Does the 401(k) max include employer contributions? Should I invest in my 401(k) or pay down my mortgage early? What about Fidelity’s zero expense ratio fund, VZROX? Investing tips for a Health Savings Account Do you write off business expenses for Clipping …

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The Long Approach to Being Scared of Investing

Mr. Clipping Chains — Mon, 19 Apr 2021 13:39:00 +0000

The long approach mentality is required to last as an investor. But first a story: Everybodddy…! Yeahhh-ahhh! Rock your bodddyyy! Yeahhh-ahhh! These were the lyrics absolutely shaking the walls of the Mercat de l’Olivar fish market in Palma, Mallorca as the mid-day closing time approached. The vendors were busy packing up product, mopping, and wiping …

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You Know A Recession is Coming, Right?

Mr. Clipping Chains — Mon, 30 Dec 2019 14:00:00 +0000

A year ago, in December 2018, I wrote two posts concerning the “imminent” recession: Five Ways to Recession-Proof Your Life and Keeping the “Safe” in Safe Withdrawal Rate. Well, a year has come and gone, and as I write this in December 2019, we are at yet another all-time high in the stock market. America’s …

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Five Ways to Recession-Proof Your Life

Mr. Clipping Chains — Mon, 17 Dec 2018 14:00:59 +0000

Market volatility and the potential for a recession is what gives the stock market a bad name, right? No silly, as we’ve discussed here, it’s really the investor’s psychology that gives the market a bad name. Because the market always goes up…eventually. With the recent market volatility we’ve been seeing in late 2018, it feels …

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Keeping the “Safe” in Safe Withdrawal Rate

Mr. Clipping Chains — Mon, 03 Dec 2018 14:00:25 +0000

Musings on How We Plan to Live off our Money The question we are asked the most about financial independence — and especially the “retire early” portion of the equation — is how we plan to live off the money we’ve saved and invested. Are we even going to retire early? What will we do …

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