Category: Retire Slowly

  • Dan McDermott

    Retire Gradually: A Change of Scenery

    “A mind that is stretched by new experience can never go back to its old dimensions.”― Oliver Wendell Holmes, Jr. As I’ve been informally polling people about their retirement plans – especially in the wake of the pandemic disruptions – travel is a prominent theme.  It’s hardly surprising given that people have put many of their travel plans on hold these…

  • Dan McDermott

    Retire Gradually: Work at a Million Dollar Part-time Job

    While the rules of retirement spending may be shifting (https://www.wsj.com/articles/the-rules-of-retirement-spending-are-changing), the notion of withdrawing approximately 4% of your portfolio annually is a good rule of thumb. It allows you to withdraw a portion of your savings to augment Social Security and any other pensions or income sources without depleting your nest egg too soon. If you follow this approach your portfolio…

  • Dan McDermott

    Retire Slowly: Plan your Weeks Wisely

    This isn’t another retirement planning post suggesting that you map out each week to maximize your calendar and to-do list. Rather, if retiring by degrees is on your horizon, this is a post to remind you of the bigger picture.  To visualize and plan ALL your weeks wisely so you can make the most of your time doing things that…