Hump Day- July 26, 2017
What is hump day? It’s Wednesday. The hump to your work week. 2 days down and 2 days to go. On hump days I will be sharing articles, videos, or other form of entertainment. It will include links to other posts I have liked throughout the week. Some are parenting articles, others are personal finance ones, and occasionally there will be a random funny article. Enjoy!
This day in history
In 1890 Vincent Van Gogh shot himself and subsequently died 2 days later. I had known he had cut off his own ear but did not know he had shot himself. Sadly he was only 37 (my age) and his life ended due to depression.
I am not an art buff, but apparently he was a Dutch Post-Impressionist artist which per Wikipedia : extended Impressionism while rejecting its limitations: they continued using vivid colours, often thick application of paint, and real-life subject matter, but were more inclined to emphasize geometric forms, distort form for expressive effect, and use unnatural or arbitrary colour. So presumably more colorful. His work is quite beautiful so enjoy some pieces here
Hump day articles of the week
Ever wonder if early retirement is for you? Well Freedom is Groovy lays out some interesting perks of retirement. I personally like that no-one cares that you are retired. Sounds about right to me.
Waffles on Wednesdays discuses the Side effects of enough. Interestingly if you can stop the train, then you need less and less. Only the things that matter stay. Everything else fades.
The Wealthy Doc had a guest post on Physician on Fire. He discusses the benefits of “Paying yourself Last”. Come up with you budget/monthly income and then take the rest for savings, investing, etc. Quite ingenious and not what I am doing these days.
Sam at Financial Samurai discusses his big financial mistake made years ago in early retirement. Interested in knowing what it is? Then go check out his post. I am not going to ruin it for you.
For the docs out there (though it could be applied to any high stress job), Wealthy Doc discusses professional satisfaction. There are definitely many ways to improve satisfaction and the Doc has the prescription.
Finally, She Picks Up Pennies reminds us to be weary of deals. Don’t let the marketers use you and convince you to spend more money. Instead, know what you need and go from their to find the deal.
There you go, enjoy the Wednesday hump day round up.
Drawdown plans from other PF bloggers
This week I joined Fritz at The Retirement Manifesto along with Physician on Fire on the Drawdown plan series. I broke mine up into 2 parts, but here are all of the links. Interesting to see everyones thoughts about how they will get their money out when the time comes.
- Anchor: Physician on Fire- Our drawdown plan in early retirement
- Catalyst: Fritz at The Retirement Manifesto- Our retirement investment drawdown strategy
- Othalafehu – Retirement Master Plan
- Plan Invest Escape – Planning for success: Drawdown versus wealth preservation in early retirement
- Freedom is Groovy- The Groovy drawdown strategy
- The Green Swan- The nastiest, hardest problem in finance: Decumulation
- My Curiosity Lab- Show me the money: My retirement drawdown plan
- The Financial Journeyman- Early retirement portfolio and plan
- Cracking Retirement- Our drawdown strategy
- Retire by 40- Our unusual early retirement withdrawal strategy
- Early Retirement Now- The ERN Family early retirement capital preservation
- 39 Months – Mr. 39 Months “Drawdown” Plan
- 7 Circles- Drawdown strategy- Joining the chain gang
- Ms. Liz Money Matters- How I’ll fund my retirement
- a. Dads Dollars Debts: DDD Drawdown Part 1: Living With a Pension
- b. Dads Dollars Debts: DDD Drawdown Part 2: Retire at 48?
Also published on Medium.