Can you take cues from a rocket launch to enjoy the benefits of F.I.R.E. on an accelerated timeline? [Read more…] about Escape the 9-5 Faster with the Boost-Glide Path to Financial Independence
How much to retire
2018 Spending – Mid Year Checkup
We’ve reached the halfway point of 2018 and I thought it would informative to check in on our monthly spending thus far. [Read more…] about 2018 Spending – Mid Year Checkup
Less than Twice My Salary Saved by 35? Am I doomed?
By 30, you should have a decent chunk of change saved for your future self, experts say — in fact, ideally your account would look like a year’s worth of salary, according to Boston-based investment firm Fidelity Investments, so if you make $50,000 a year, you’d have $50,000 saved already. By 35, you should have twice your salary, the firm said. – Marketwatch article citing Fidelity Investments advice
There’s been quite a bit said and written in response to this article. Let’s take a closer look… [Read more…] about Less than Twice My Salary Saved by 35? Am I doomed?
What’s My FI Number?
Our purpose here is to document our pursuit of reaching Financial Independence (FI). As I’ve discussed previously, I am defining FI as having a portfolio value equal to 25 times our annual spending. Put another way, we are looking at an annual safe withdrawal rate of 4% of the portfolio value.
So, what is that number for us? [Read more…] about What’s My FI Number?