When I feel uncomfortable, it can be a sign I need to look more closely at my spending and consider reducing my leverage.
Another thing I've done is review my non-income producing and depreciating assets => gradually changing the composition of the balance sheet.
In 2013, I "bought" myself additional comfort by downsizing the family home and moving to the other side of town. Realized half the equity I had in the prior house and invested it.
Cannot wait for 2nd Edition LL&P! Let’s go!
Thanks Kyle
The 3x retirement rule is uncomfortable… what might I be missing?
When I feel uncomfortable, it can be a sign I need to look more closely at my spending and consider reducing my leverage.
Another thing I've done is review my non-income producing and depreciating assets => gradually changing the composition of the balance sheet.
In 2013, I "bought" myself additional comfort by downsizing the family home and moving to the other side of town. Realized half the equity I had in the prior house and invested it.
All of these helped.
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Thanks Gordo