Author: robert

Modest Money helps us understand opportunity cost and how to use it to make better financial choices.

We think alongside Bull in Captivity and try to understand why you might want a big tax refund.

Is minimalism compatible with luxury? We ponder with 40 year old retirees.

What are the most important things to know about passive income? Mama Fish Saves teaches us.

Is grit enough to achieve a goal as big as financial independence? We ponder goals versus systems with The Escape Artist.

Is a high stress, high income job worth the boost in achieving financial independence? We talk through an article from Four Pillar Freedom.

If you’re not sure what Monte Carlo is, please checkout our explanation in part one. Otherwise, please proceed after downloading the simple Excel template this article explains.   This model is intended more as a vehicle for understanding the ins and outs of how it works and less as a ready made retirement calculator. Please […]

We want to offer a conceptual understanding here of Monte Carlo simulations so that you know why someone might use them and how you should feel about them when receiving decision making advice based on this type of model. Why should you care about Monte Carlo simulations? If you’re involved in finance, retirement planning, project […]

The normal distribution

If you’re looking for an explanation of Monte Carlo please take a look at our breakdown of the method before this piece. If you want a very simple Excel model, start with our bare bones version to improve your understanding. If you’re here for a strong Monte Carlo simulation tool for retirement spending then you’re […]

How are people scraping by on high incomes with Financial Samurai. Intro:                  Hello, and welcome to Your Money Over Coffee, the daily discussion zone for your cash, investments, credit and financial future. Most days, we examine an article or two, but sometimes, we speak with a guest or reveal a product. Robert Graham:                  Welcome to […]