I didn’t invent the idea of the Gap Number when it comes to retirement finances. Nor did I discover the importance of what a Gap Number can tell you. I simply put a name to it and applied it to Financial Independence (FI) and pensions. Continue reading
Grumpus Maximus Comment: I originally wrote this post with the intent to create a clear and concise step-by-step on how to calculate your Gap Number. Turns out I wrote another tome. Some of you may prefer my ramblings. If so … Continue reading
One great thing about taking a break from blogging is that once you start publishing again, people who missed your regular updates contact you with words of thanks and encouragement. Such was the recent case with BrewDog. You might remember … Continue reading
Pension Analysis Services on Offer As Grumpus Maximus LTD, I now offer pension analysis services. USD 50 per hour is my going rate. Contracting my services will get you analysis performed at levels similar to the various articles on my website. I … Continue reading
Even in the scenario with the largest pension, once Don’s pension starts, it goes from covering all the family’s retirement spending to roughly one-third by the 49th year. That’s a giant swing downward due to inflation! Continue reading
If I leave now, how much would I have to save each month for the next six years to replace the difference I am losing? Continue reading
Pension Maximization Part Deux This post is a direct continuation of Pension Series Part 30. In that article, I introduced my general framework for maximizing your defined benefit (DB) pension, which I call Grumpus Maximization. I also walked through the … Continue reading
Pension maximization ensures your pension’s positive impact in retirement is as significant as possible. You maximize your pension by taking active steps during your pensionable career. Continue reading
I’m not afraid to say while updating this article, my thinking evolved on the importance a pensionable worker should place on their pension subsidized healthcare. It’s no longer the all-important monolith I once thought. Continue reading
Most of the questions were life planning questions disguised as “run the numbers” questions. And, I was OK with that. Continue reading