Ray Stanley

Every week we here at ChooseFI get hundreds of emails from our community. There have been so many interesting and thought-provoking questions that we created a series dedicated to answering the most frequently asked each week. This week’s question is about calculating your FI number and withdrawal rates, and comes from YandaPanda, who writes: Q. I am confused… FI Number.

Every week we here at ChooseFI get hundreds of emails from our community. There have been so many interesting and thought-provoking questions that we’ve decided to create a series dedicated to answering the most frequently asked each week. This week’s question is about Vanguard and VTSAX and comes from David R., who writes: Q. I have finally come around to opening a taxable account at Vanguard – it is not as straightforward and easy as it usually seems on discussions on the show.

Cost-Benefit Analysis….Don’t panic! You’re not back at your Econ 102 class. All is well. Breathe deeply. When deciding on the next tool to recommend adding to your FI tool chest, we decided upon a cost-benefit analysis introduction/refresher. Don’t worry, it’s not as difficult as it sounds. In fact, cost-benefit analysis by definition is designed to help you come up with a decision-making process that is mostly math-based, so you’ll feel better about the results you yield.