If you like to read about personal finance, you may be familiar with Lindsey Stanberry and “The Purse.” Lindsey writes about women and money, and a few weeks ago, she began a feature called “Home Economics
Good question. Continuing to work and delaying Social Security retirement benefits until age 70 will increase the magic number and the lifetime sustainable living standard. The trade-off of continuing to work is delaying some of the benefits households receive from leisure. With a couple, something to be discussed!
Good question. Continuing to work and delaying Social Security retirement benefits until age 70 will increase the magic number and the lifetime sustainable living standard. The trade-off of continuing to work is delaying some of the benefits households receive from leisure. With a couple, something to be discussed!
Would you include moving as a recommendation for maximizing life style? There are other cities where their income would go much further
If Brooklyn didn't want an early retirement, how would this affect their magic number?
She invested. In the article, there is a link to my website where I placed the PDF of the financial plan.
If Brooklyn earned at an expected higher rate than I assumed, the magic number would be higher.
would the magic number change if she also invested?