Lifestyle inflation Archives - Passive Income MD

Displaying 2 Posts categorized under Lifestyle inflation

Lifestyle Inflation After The First Big Paycheck

Lifestyle Inflation After The First Big Paycheck

Earning a high income creates what I call The Big Dilemma, caused by lifestyle inflation. This has befuddled high income earners for years. Today’s Classic is republished from The Physician Philosopher. You can see the original here. Enjoy! Every year, I give a talk to my residents entitled “Investing 101.”  They likely expect to sit […]

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Top 5 Reasons to Exceed 25 Years of Expenses Before Retiring

Having 25 years of expenses can give you a safe withdrawal rate of 4%. Why would you want to save more than 25x for an even safer initial withdrawal rate? Today’s Classic is republished from Physician on Fire. You can see the original here. Enjoy! Financial independence is defined as owning assets that will support your […]

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