At 22, Derek Sivers had $12,000 in the bank, paid $333 a month for a room in a Queens apartment with three roommates, never ate out, and kept his total expenses at $500 a month. He played music for $300 a show. Two gigs covered everything. He was free. Later he built a company and … Continue reading The Trap is the Point
Tag: financial independence
cFIREsim
"cFIREsim stands for Crowdsourced Financial Independence and Retire Early Simulator.If the market does no worse than the great depression, 1970's stagflation, or the dotcom bust, will my money last in retirement?The math behind retirement: The simple question of "Will my money last in retirement?" is rife with complications. Do you have a good handle on what your expenses are? What sort … Continue reading cFIREsim
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