RESOURCES
Useful Articlesand Resources
How Are My Finances Different If I’m Single?
By Jay Zigmont | Jun 21, 2024
The U.S. Census collected data on childless American adults over age 55 in 2018, and found that 32.1% of those surveyed had never been married, as compared to just 2.6% of parents. That’s a pretty startling statistic, and it might give you pause if you’ve ever heard the line, “But who will take care of […]
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What does FILE mean?
By Jay Zigmont | May 20, 2024
When you think about retirement, you likely imagine it in a more traditional sense. You’re likely older than you are now, and you stop working altogether and live off your savings, investments, and Social Security. But what if traditional retirement doesn’t hold much interest for you? There’s an option for you. Let’s take a look […]
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What does FIRE mean?
By Jay Zigmont | May 16, 2024
Spend any time in the personal finance space and you might hear the term FIRE to describe a way of life that some people are pursuing. What is FIRE, and is it something you should pursue? Let’s take a look. What is FIRE? FIRE stands for “Financial Independence, Retire Early.” It’s a lifestyle that involves […]
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How do I know when I’m ready to retire?
By Jay Zigmont | May 7, 2024
If you’re deep in the throes of your working years, you might be wondering how to tell when it’s time to retire. How do you know you’re ready, financially and otherwise? Let’s look at what to consider when deciding. Do you actually want to retire? There is no rule saying you must retire in a […]
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How do I embrace the die with zero approach?
By Childfree Wealth | May 7, 2024
We’ve mentioned the “die with zero” approach several times here, and now it’s time to discuss it in greater detail. Let’s take a look at why you might want to consider this strategy when it comes to planning your Childfree finances. Die with Zero The “die with zero” approach comes from a book of the […]
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I’m retiring before 59 1/2. How do I access my money?
By Jay Zigmont | Apr 23, 2024
Early retirement is a goal for many people, but you’ll have to figure out how to cover your costs if you’re no longer actively working to earn money. This is where retirement investment accounts come in, right? Well, if you’re older than 59 and a half, sure. But if you’re younger than that, you’ll be […]
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How Do I Budget With a Variable Income?
By Jay Zigmont | Feb 6, 2024
If you’ve ever dreamed about breaking away from that fluorescent-lit, cubicle-filled office space, and becoming your own boss, you’re not alone. But one of the potential pitfalls of starting your own business, becoming a freelancer, or even just working on commission (like real estate agents and some salespeople do) is variable income. When you’ve got a […]
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What Is a Budget?
By Jay Zigmont | Jan 16, 2024
For many people, the word “budget” has some negative connotations. It’s very easy to think of your budget as the tool that tells you what you can’t spend, but the truth is that a budget tells you what you can spend, too. A budget simply gives your money a job, and without one, money comes […]
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How do I set goals for my finances?
By Jay Zigmont | Jan 2, 2024
It isn’t enough to just earn money and pay your regular bills. It’s also important to have larger financial goals to work towards. This is especially crucial if you want to lead a meaningful life as a Childfree or permanently childless person. Here’s a few considerations – and important questions – to ponder as you […]
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Reflecting on 2 years of serving Childfree people
By Jay Zigmont | Dec 29, 2023
When I created Childfree Wealth two years ago, I never could have guessed what it would turn out to be. It started with a simple observation – nearly all financial planning assumed you do, or will, have kids. Having kids is built into the basic assumptions of financial planning. Having kids and focusing on passing […]
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