Journal Club 04-19-24 – Passive Income MD

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Here’s Journal Club 04-19-24! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


Did you know there’s a way to optimize Social Security benefits by delaying collection while using withdrawals from retirement accounts to supplement income? This method is known as the Bridge Strategy. The Physician on FIRE outlines the key factors to consider when collecting Social Security and discusses the impact of early or delayed collection through their personal decision to delay benefits while utilizing the Bridge Strategy in the article – How to Maximize Social Security with the “Bridge Strategy”.

The journey of personal finance and investing involves continuous evolution and adaptation, as investment priorities tend to change with life circumstances. The author of Retire Before Dad shares a similar experience of transitioning from a complex portfolio to a simpler one, not just to enjoy retirement but to do so without the burden of managing an intricate financial setup that requires a whole lot of time and effort. Further, the author shares essential tips and strategies for ensuring growth by aiming for ease and simplicity in the post – How I’m Simplifying my Portfolio for Retirement.

The landscape of the stock market is changing. The preliminary factors contributing to this phenomenon are the influx of money into index funds and the perception of stocks as a savings vehicle rather than an investment. Although the market may see corrections, it may not revert to historical averages due to evolving investor preferences. The Irrelevant Investor makes this fascinating observation and shares their perspective on the subject in the article – Why Are U.S. Stocks So Expensive?

As you may already know, there are various degrees of FIRE (Financial Independence, Retire Early). The concept of FIRE isn’t merely about early retirement but also about achieving freedom and control over one’s life. Within the realm of FIRE, The Darwinian Doctor explores two higher spending options known as FatFIRE and MoFIRE. The author breaks down the match behind achieving these levels of financial independence while also encouraging individuals to consider their own financial goals and preferences within the framework of FIRE to attain a sense of security and flexibility in the post – Fatty Flavors of FIRE: FatFIRE and MoFIRE.

Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below!

Thank you for reading and sharing,

Peter



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