FIRE skinny or unstable? AK still worried? Confession.
Change is the true constant in life, many would say. In June 2020, I posted a blog about how worried I was. Why was he worried? Dividends from my investments during the COVID-19 pandemic were significantly reduced. Central banks were also lowering interest rates again to keep their economies alive. That meant even lower interest income for my time deposits. It was a double whammy. Without an earned income, the double whammy was pretty shocking to me. Fortunately, because I care, I built shocks before I took early retirement all those years ago. He had an emergency fund that he was prepared to draw on if things got even worse in the same way that our country drew on our reserves during the pandemic. It is imperative to maintain a mattress against possible crises. Our country has reserves and we should have emergency funds. Readers who have been following my blogs for a long time know what…