This is part 2 of the case study with Michael from Ireland, who is exploring alternative pathways to get to FI. If you have not read part 1, I recommend you do so before you read part 2. Michael’s FI Lifestyle Goals Before we get into the numbers, I’ll share some more background from my … Read more
I’m excited to share the first FI case study in a very long time! This case study has two parts: an introductory guest post and a “numbers and options” part. Micheal, originally from New Zealand, is 38 and lives in Ireland with his family. He has been on the path to Financial Independence since 2018. … Read more
The book “Die With Zero” by Bill Perkins is fast becoming a FIRE classic – for a good reason. Many in the community have adopted a Die With Zero mindset, which goes against many of the core pillars of the standard approach to Financial Independence like delayed gratification and frugality. Instead, Die With Zero is … Read more
In this article, I’ll share five simple questions and some ideas to help you to move towards your ideal life (and not just towards your financial goals). Most Financial Independence enthusiasts have an annual review and goal-setting routine. We check how our investments performed over the last year, calculate our savings rate, review our spending … Read more
No matter where you are on the path to financial independence, there are many lifestyle design options you can use to create a better life for yourself and your family. They allow you to improve your life along the path to FI but are also great alternatives to early retirement once you reach your financial … Read more
Here is the standard FIRE blueprint: Step 1: Work hard, save, invest and … wait.Step 2: Reach FI, retire and sail into the sunset. We all know that’s not what usually happens (bear with me). Almost everyone (as in 99%+) of people who hit FI in their 20s, 30s, 40s and even early 50s will … Read more
I’m super excited to share an interview with a couple who decided to sell most of their belongings, quit their jobs and embark on a permanent nomadic travel adventure. I’m sure you’ll find this story inspiring – whether nomadic travel and #vanlife are part of your life vision or not. Jed and his wife Kelly … Read more
Location-independent income and long-term travel are definitely on the top 10 list of answers I get when I ask people what their plans are for their transition to a FI lifestyle and/or semi-retirement. In today’s interview we hear from Emma, a fellow mum and blogger who recently semi-retired. She is currently travelling Southeast Asia and … Read more
When I first started my journey to financial independence, I read every personal finance book I could get my hands on. However, there is only so much to learn about basic money management, FI math and investing. Over time I’ve become much more interested in books on related topics like money mindset, minimalism, life design, … Read more
In the personal finance community we often talk about risks. The risk of running out of money in retirement; the risk of picking the wrong investment or getting the timing wrong; sequence of return risk; the risk of losing our job during the accumulation phase; leverage risk – you name it. The perceived level of … Read more