Here’s Journal Club 05-26-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

• Timing your retirement date is arguably one of the most challenging decisions to make when planning for early retirement. Would you agree? Does the slowly reducing rate of inflation and a rising stock market in 2023 offer a good window of opportunity for people ready for retirement to pull the trigger? The White Coat Investor shares their thoughts on the subject in the article – Is Now a Good Time to Retire?

• Many financial education sources available out there today would define FIRE as identifying your total annual expenses, then saving 25 times that number and living on 4% of your portfolio each year after your retirement. According to the author of Four Pillar Freedom, this isn’t an optimal way for most people. In fact, there are several different ways to achieve FIRE and to make your financial journey more enjoyable while you reach that milestone. Curious to learn more? The author shares more about it in the post – A Modern Approach to Financial Independence.

• Investing in the stock market is considered one of the easiest ways to get started for those new to the investing game. Per the Banker on FIRE, if you’re disciplined about consistently saving and investing, you could soon experience the magic of compound interest working in your favour. Further, the author explains the math behind the incredible returns you can see in the long run in the article – When Your Money Makes More Money Than You.

• Managing to sock away your first $100k is a significant achievement; well done! But now, what do you do with that amount? Does it make sense to keep it parked in your savings account? Or make your money work for you? If you picked the latter, which strategy would yield optimum returns? The author of Good Egg Investments takes a closer look at the question and shares her perspective in the post – What To Do With $100k In Cash – Saving Vs. Investing In Real Estate.

Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below!

Thank you for reading and sharing,

Peter

Disclaimer: The topics presented in this article are provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.