Welcome to the Money Flamingo blog!
Money Flamingo is an Australian Financial Independence blog with a twist.
This blog chronicles the final 1000 days of our journey to freedom.
We hope you’ll join us for the ride!
Today I haves something special for you: An interview with a reader who was able to semi-retire in his 30s. Like many, he started off with a plan to retire early. But the closer he got to Financial Independence, his desire to stop working altogether disappeared. Instead, he decided to semi-retire and “coasted” his way to FI.
I read a lot. Well, I used to read a lot before Baby Flamingo entered the scene. These days I have a little less time but still manage to read (or listen to) 1-2 books a month, most of them on personal finance, investing and mindset. In this article, I will share how I manage to read almost all my books for free, using a mix of free services offered by local libraries and free trials for paid subscription services.
This is the first part of our Semi-Retirement series. Semi-Retirement is something that is not widely discussed in the FIRE community and it is a concept that we should all think about a little more. Depending on your plans for FI, semi-retirement will likely be part of the mix. We’ll start off by defining what Early Semi-Retirement means and how it relates to FIRE.
Welcome to our November 2019 update! How are we tracking on our 1000-day journey to freedom?
What is Coast FI and why could it be the most important milestone on the path to FIRE? Plus: Use the FIRE Milestone Calculator to see where you are on your way to FI and calculate your Coast FI number!
Today’s case is from a couple from Victoria. They are on their way to FI but don’t have any plans to retire once they get there. Instead, they want to move to part-time work asap. How much they can reduce their income right now without jeopardising their goals?