Think different, bring a change
Welcome to our knowledge library where we share insights about personal finance, investing, and achieving financial independence.
The 4% rule is a guideline for retirement spending suggesting you can withdraw 4% of your portfolio annually without running out of money. This rule was established based on historical market data showing that a 4% withdrawal rate would have sustained a retirement portfolio over any 30-year period in US history.
An emergency fund is a financial safety net for unexpected expenses. Most financial experts recommend saving 3-6 months' worth of living expenses. This fund should be kept in a liquid account separate from your investment portfolio to handle emergencies without derailing your long-term financial plans.
Inflation represents the gradual increase in prices and the corresponding decrease in purchasing power over time. With an average historical inflation rate of around 3% annually, money loses half its value every 24 years. This is why investments need to outpace inflation to truly grow your wealth.
The Radical Monk is a financial education platform founded in 2010 with a mission to make financial literacy accessible to everyone. We believe that financial freedom is achievable for anyone regardless of income level through education, discipline, and mindful money management.
Our team of financial experts has decades of combined experience in investment management, retirement planning, and personal finance coaching. We're not affiliated with any financial institution and provide unbiased advice focused solely on helping you achieve your financial goals.
Have questions about your financial journey? Reach out to our team for guidance and support.
Email: theradicalmonk@gmail.com
Response time: Within 24-48 hours
Subscribe to our newsletter for weekly financial wisdom and early access to new calculators and tools.