Personal Finance

Better Finances for a Better You

Topic: "FIRE (Financial Independence, Retire Early)"

← Curating the web to find the most interesting and helpful information about your money.

Infographic of the week

Canadian Housing Market Data from WOWO

Canada’s housing market buzzed with activity in October 2024 during a month with significant home sales and price changes across the country. In October 2024, the national benchmark home price, which measures the price of a “typical” home, was $707,700, a 0.8% monthly decrease and down 3.2% year-over-year. However, it has jumped 77% over the past decade.

Canadian Housing Market Data from WOWO Canadian Housing Market Report →

Infographic of the week

Ranked: The Top 25 Countries for Retirement

In 1881, Otto von Bismarck proposed a radical idea for retirement: people above the age of 70 would be given a state pension, encouraging them to stop working. This model has since been adopted en masse and most countries now have a retirement age, after which workers can claim benefits paid through years of their work.

Ranked: The Top 25 Countries for Retirement Where does Canada rank? →

Infographic of the week

Which States Have The Highest Share of Retirement-Age Workers?

About 22% of American adults 65 and older continue to work in 2024. Growth in the 65 and older population, higher cost of living and other factors have led to a large share of older adults in the workforce. New Jersey saw the highest share of working adults over the age of 65 in 2024, and the largest two-year increase.

Which States Have The Highest Share of Retirement-Age Workers? Retirement-Age Adults Still Working by State →

Word of the week

Lean FIRE

Lean FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early. With Lean FIRE the goal is retire early and live a frugal lifestyle. You would likely live on the minimal necessities and save the rest, and your retirement would be more frugal in nature.

Lean FIRE: The Fast Track to Early Retirement – If You Can Stomach a Small Budget by Nick Wolny →

Word of the week

FIRE (Financial Independence, Retire Early)

FIRE is an acronym which stands for Financial Independence, Retire Early. FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.

How to retire as early as humanly possible →

Infographic of the week

Ranked: The Cities with the Best Work-Life Balance in the World

"While some careers can be relatively stress-free, maintaining a healthy work-life balance can seem impossible for many. The easy access to technology, blurred boundaries around work and personal time, and fear of job loss push many to work overtime, and fail to use vacation time or sick leave."

Ranked: The Cities with the Best Work-Life Balance in the World How did Canadian cities measure up? →

← Curating the web to find the most interesting and helpful information about your money.