There has been a lot of focus on FIRE (Financial Independence Retire Early), but I am here to tell you that you can experience a lot of the benefit of FIRE before you get there. In fact, I’d argue FIRE can be detrimental to your life, and that partial FIRE could prove to be a better solution…it just might solve your problems.
People often ask me for practical advice on getting started with investing. Given the fact that many people have just transitioned to new jobs, I thought I’d give you my approach to figuring all of this stuff out through a technique I like to call Waterfall Investing. However, before I can answer that, we must … Read more
Have you ever considered what you would do with your job if money didn’t matter? What if you were financially independent? Some would stop work immediately, while others would continue their every day routines. Here are the top 5 reasons to keep working after financial independence according to Physician on FIRE.
I thought about naming this post “Children on FIRE” or “Teachings Kids to Play with FIRE”… but none of those sounded right. Since I didn’t write this post originally, which was first published over at Physician on FIRE, I decided to tame down the title…. never the less, this is a really important topic that all parents should spend some time thinking about.
If you have ever wondered about how much you can take out in retirement or if you will be able to withstand a down market right when you retire, this post is for you. It is a case study with graphs and charts that will help you better understand the dilemma, and whether you have “enough” to be financially independent. It is a must read.
Some get to financial independence through investing until they get to “their number”. Others prefer creating passive income streams until their monthly costs are covered. While I prefer the hybrid model between these two approaches, today we will focus on the passive income side of the model when we discuss Investing in Turn Key Real Estate.
Burnout has been in the news a lot lately. Maybe the big time media is finally catching on to what the rest of us have been talking about. It is now an official diagnosis, and TIME investigated how costly it is to medicine. We will explore all of that and outline 4 ways that financial independence can fight burnout.