retirement planning Archives - The Outlier Model

FIRECalc Review

Chonce Maddox / May 12th, 2017 / No Comments

Want to retire? I’m sure we all want to stop working at some point but according to CNBC, 81% of Americans have no idea how much they need to retire. What’s worse, is that nearly 1 in 3 Americans have no retirement savings which keeps them trapped in the workplace for extended years. If you don’t want to be stuck working until you’re 80, you have to think about retirement, investing...

Posted in: Retirement Tagged with: early retirement, FIRECalc, retirement, retirement calculator, retirement planning

Get Smart About Retirement Planning

Jill / April 24th, 2015 / 1 Comment

Part of smart financial planning includes preparing for retirement. When you’re already contributing to your retirement accounts, how else can you prepare for a comfortable retirement? Here are a few things to think about as you focus on retirement preparation. Make a plan. The first thing you should do is develop a plan. When do you want to retire? How much can you comfortably live on? How much...

Posted in: Career and Work, Retirement, Saving Money Tagged with: early retirement, financial goals, financial independence, financial planning, paying off debt, retirement, retirement planning, saving for retirement, saving money

Avoiding Common Mistakes in Retirement Planning

Common Mistakes in Retirement, retirement plans, nest egg

Guest / September 20th, 2013 / No Comments

This is a guest post. If you want to guest post with us, check out our guest post policy and get in touch! It’s not always easy to look far out into the future, especially for those who are still relatively young. No one wants to put themselves in the shoes of retirement, which often results in a lack of movement on the planning side of things. Retirement isn’t just going to unfold on its...

Posted in: Guest Post Tagged with: Diversification, employer sponsored plans, retirement, retirement planning

Our early retirement plan

early retirement plan, retirement, retiring, early retirement, RRSP investments , personal finance blogs, personal finance article, financial article, financial post

CF / October 17th, 2012 / 55 Comments

For Brian and I, the big motivator for working hard, paying off our debts and savings gobs of money is the allure of early retirement. Who wants to work forever? I’d rather take advantage of free haircuts, cheap homecooked meals, and even free tax software and put my money to better uses. Sure, there are people who apparently love their jobs so much that they never want to stop, but for us, we...

Posted in: Retirement Tagged with: early retirement, Early Retirement Extreme, early retirement planning, financial independence, Master Plan, real estate, retirement planning, RRSP, stop working, TFSA