All tagged Martin Hawes
The weather turned cold here last week, a perfect time to read one of the many personal finance books I have on my ‘need to read’ list. Reading the latest book by Martin Hawes coincided with people mentioning the book in emails to me. Hearing good things meant it rose to the top of my reading pile.
Steadily and consistently increasing our net worth often has me concerned that I’m missing something, doing something wrong or doing it too slowly so it is time I set myself (and my family) a new short term goal.
All your working life you are trying to increase your net worth so that when you finally stop working you start to slowly spend it to live on. If upon retirement each year you take 4% out of your pot of savings it will take about 30 years to boil the pot dry. So what can you live on a year? Do you need to invest $100K, $200 or $500K?
