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Still Want to Live in the Big City?

Still Want to Live in the Big City?

Working Remotely, Living Anywhere Will you live in your current city forever? I’m not the only one who’s ever pondered this in Los Angeles gridlock, yet the vast majority of us keep the same home base even after our career obligations are over. So what would it look like to actually leave? ...
Goodbye Buying Opportunity

Goodbye Buying Opportunity

Following a big market drop, when anyone asks me if it’s a good buying opportunity my knee-jerk reaction is to ask why they have extra cash sitting around to begin with (without judgment, of course). With a few tweaks to your savings system and emergency plan, you can remove that question from ...
How to Be a Saver in the Entertainment Industry

How to Be a Saver in the Entertainment Industry

When you’re an entertainment professional, you may reach that exciting moment where your earnings are high and you’re suddenly feeling pretty darn rich. But as my writer-friend Dave says, you’re not rich in Hollywood until you can live off your investments. People in “the biz” (actors, ...
You’ve Saved All This Money – Why Aren’t You Spending it?

You’ve Saved All This Money – Why Aren’t You Spending it?

Jennifer, a recently retired executive, is a chronic under-spender. She’s been saving diligently for decades and now that she’s financially independent, she’s only skimming the surface of her nest egg. Two years later, she told me why. From Saver to Spender For decades, Jennifer invested ...
How to Spend More of Your Nest Egg

How to Spend More of Your Nest Egg

Sarah takes very little money out of her nest egg, so I’m concerned that her financial plan is at risk of failing. Wait, what, you ask? How can a plan be unsuccessful because a person is spending too little? Once a person has achieved financial freedom, it’s common. Here’s how. Sarah ...
Planning to Make Work Optional

Planning to Make Work Optional

I am 45 now, and I love what I do, where I work, and the city I live in.  Yet, I still want to know when I’ll have the freedom to stop working. However, the nest egg target that I keep in my head isn’t synced up to that point in time. It’s my WOFI number, and it arrives much sooner. Here’s what