A few weeks ago, Darrow Kirkpatrick blogged about the cost of raising a family while you're saving for financial independence. Before I read his post, I had just finished emptying our 529 account with the final payment for our daughter's college room & board. This seems like a great opportunity to compare our parenting expenses to the national … [Read more...] about Financial Independence and The Cost of Raising a Family
Archives for February 2014
A reader writes: "I would like your opinion on an investment strategy. I'm sure you cringe at anyone who asks for investment advice, however, this question is very big picture. I have five years before I retire and I am considering discontinuing my investing in our Roth IRAs and my Thrift Savings Plan and just letting them compound until I hit 60. … [Read more...] about How Should I Invest During Retirement?
Ohana Nords just finished a three-week family vacation in Bangkok. As spending goes, it was the most frivolous blowout we've enjoyed in decades. When we roamed the city we saw vignettes of incredible luxury, scrappy entrepreneurialism, and abject poverty. It was a very interesting mirror that reflected our own attitudes toward using money or … [Read more...] about How Do You Justify Your Spending?
The two biggest obstacles to financial independence are inflation and healthcare -- yet military veterans and retirees seem to have more options for dealing with inflation. The Patient Protection and Affordable Care Act gives the American medical system a strong incentive to reduce expenses. The military Tricare system is also struggling to … [Read more...] about Medical Tourism at Bangkok’s Bumrungrad Hospital
Members of the Military are charged not only with protecting their country, but their families as well. A life insurance policy helps do this by providing financial stability in case of an unforeseen tragedy. However, military life insurance policies are much different from civilian policies. Civilian life insurance policies typically do not cover … [Read more...] about Insuring A Soldier: Life Insurance For Military Members