When Can I Retire? Case Study: Nola, MD

CASE: My first case study is a friend from college. She graduated with no debt from college due to an academic scholarship and generous parents.  By the end of medical school and residency, she had about $200,000 in student debt.  This brings us to now, almost 3 years after entering practice as a physician. Current …

I Took A 3rd Look at My 401k and This is What Happened

So in the wee hours of the late night or early morning before a work day, I try to find just one more way I can accelerate My Early Retirement Journey. I know I can probably cut it down comfortably to 15 years from 30 years, but can I do just a little bit more? …

What Should My Stock Allocation Be on My Early Retirement Journey?

So one of the things keeping me awake was how to properly allocate my stocks on My Early Retirement Journey. Why is this important? Investing, yes, has the potential to grow your capital with the magic of compound interest. However, the risk of losing your initial investment is present as well. What I seek to …

Financial Update | June 2018 Income and Expenses

So I’ve been experimenting with lots of different spreadsheets in the last week or so.  I used my June 2018 income and expenses to tryout a few more. It turns out Microsoft Excel has loads of templates to try. It’s been really neat to see it visualized in so many ways. Without further ado, here’s …

Financial Update | June 2018 Savings and Investment

Hey there! Welcome back to My Early Retirement Journey. In case you’re just joining us, here’s a little bit about me.  I am a single 30-something, openly Christian, hesitantly immigrant-y, human woman. I love watching TV while eating takeout, and I want to retire early. I currently work as a consultant in a tele-health call center making …

Enron and Madoff and Ponzi! Oh My!: How to Background Check Your Financial Professional

So when I started My Early Retirement Journey, one of the first things I had to reconcile was the fear of letting my money go to a place I didn’t understand. Every few years, we hear the stories of Bernie Madoff, or the next Bernie Madoff, or the Enrons or even watch CNBC. CNBC has …

What The Heck Does That Mean: A Beginner’s Guide to Investment Vocabulary

So I recently did a lesson for my mathematical literacy class (my current side gig) on some basic personal finance topics.  I reviewed with them the Pyramid of Investment Risk and thought I’d share it here for any new investors like myself. I’ll admit I had to look up most of the words before I …