US black civil rights leader & clergyman (1929 - 1968)
(Click here to listen to an epic classic "MONEY" by Pink Floyd while you read the blog below.)
June 21, 2012 in Amsterdam
Money is often time a sticky issue.
This thing can make or break your closest relationship.
It is that one more thing that can be added to the list of things that's certain for humans:
death and tax
I still haven't met anyone who has never touched a form of currency that we know of now.
It seems that it is unavoidable to be under its effect & circulation
if you live in a human society on this planet.
Money can take up so much of your time & energy.
Thinking about making more, dreaming about spending it,
and
worrying about losing it.
These are the 3 things people usually use their head around money.
But if you retire on some fixed income guaranteed to make you survive in style
for the rest of your life,
wouldn't that helps to save lots of energy we use around money?
So, early retirement is one of the key factors to be happy in this world filled with doom & gloom theories about the imminent global economic bust.
A friend of mine is an economist.
He used to be a senior banker at a well known national bank in the U.S.
The guy knows the world of Money inside out, like that rabbit hole of investment included.
The tiny stash that I totally forgot about turned up recently
so the question was how to play with the mula.
So I turned to the man, Ramsay, who now runs his own company that
helps people retire early to enjoy life.
On the side note,
he lives in San Francisco with his lovely Russian lady
who is also my dear friend.
Early retirement does not come from winning a jackpot or coming upon a trust fund from your grandma.
It's something any commoners like me can handle
with a free tool like an online calculator that snaps out
the amount of mula you need to retire at the age you decide.
Yes, Ramsay made it easy for you.
Here's his company's website:
Green Retirement
As one of the blogs from the website says,
retirees are usually better consumers, meaning they don't waste their stash casually.
That means a lot of saved resources including the energy & the environment.
The less you buy, the less footprint you are leaving on the planet.
For instance, if I want to buy a pair of leather shoes made in Indonesia, hypothetically,
they have to be made there using materials from natural resources using precious human energy, and they have to be shipped to Amsterdam using precious fuel.
If I decided to buy a second hand pair, I am recycling not only the shoes themselves but all the resources that was used while they were originally made & shipped.
And most of all, I save that resource I usually like to save, money, so that I can retire earlier.
Check it out. Ramsay's site is filled with the information many of us cannot afford to miss in this turmoil world of economy, the money situation that involves almost everyone on the planet.
Yes, the situation is changing so quickly & critically.
Don't be blaming your alarm clock malfunctioning when shit hits the fan in the world as we know it now.
Be awaken & proactive to whatever suits your plan as much as you can (amap).
But Ramsay, bro, one more thing, you gotta give me more precise justification for
your portfolio sample you said in the blog to me last week:
70% on S&P 500 Index and 30% on the U.S. T-bills.
Eh?
The time like right now, I have seen and heard so many talks of
the U.S. economy completely tanking and
defaulting as a nation.
If such instance prevails,
what would happen to the U.S. stocks and bonds?
A bunch of printed papers that they are?
That is precisely my question, my friend.
Really, it bugs me to think there is a solution for it
and I don't know about it.
That's all-
Okay brother,
You and I shall prevail-
Love,
marina saga
P.S. Do you know why I spell my name in lower case letters?
It's because I am a human being, not a fuckin' corporation.
P.P.S. Here's the free retirement calculator from Green Retirement again
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