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early retirement

What If You Have No Grit?

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If you are a parent, you probably know about “grit.” Grit is the ability to keep going when things get tough. Studies have shown that grit is a huge factor to succeeding in life. Grit has replaced self-esteem as the primary desirable character trait. Having self-esteem is good, but it has to be earned. We’re [...]

Pay No Tax on Roth IRA Conversion

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I’m about to blow your mind today. I have been wondering if I could contribute to my i401k and do a Roth IRA conversion in the same year. Mrs. RB40 is planning to retire soon and I want to start building a Roth IRA ladder when she does. I wasn’t sure if there would be [...]

3 Reasons to Save More Than 15%

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How much do you need to save to have a comfortable retirement? The consensus from the financial industry is you should save 10-15% of your pre-tax income for retirement. Personally, I think this saving rate is too low and this advice is doing a disservice to young people. A new graduate who is starting a [...]

3 Essential Ingredients to Early Retirement

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Early retirement is a road less traveled for a good reason. The stars have to align just right for someone to retire early. Early retirees are a very small minority of the population, but awareness has been growing recently. The internet has made it much easier to share our stories and the early retirement stories [...]