Semi-Retirement Update – Q1/2022
Welcome to our first Early Semi-Retirement update for 2022. This is where we share the ups and downs of our Coast FIRE journey to Financial Independence and beyond.
Semi-Retirement Updates
This is where we share our Semi-Retirement Updates once a quarter.
We reached Flamingo FI in October 2020 and are now officially semi-retired. We don’t actively add to our savings anymore and just let our nest egg do its thing in the background. This way we will hit FIRE eventually (thanks to the magic of compound interest!) and only need to work part-time until then.
Every three months we share a bit about what we are up to and what our future goals are as well as some insights into how our investments are doing.
If you would like to go back and see how we reached our goal, you can see our monthly updates on the Project 1000 page. This is where we used to share the progress of our journey to freedom every month (2018-2020).
Exposed: Our 2021 Living Expenses as a Family of 4 in Sydney!
It’s that time of the year again: Here is our 2021 spending report. A quick warning – our living expenses now that we are a family of four have gone through the roof. You might be a little shocked by how much our lifestyle here in Sydney is costing us each month. But I can assure … Read more
Semi-Retirement Update – Q4/2021 – Coasting to FIRE
Welcome to our latest Early Semi-Retirement where we share the ups and downs of our Coast FIRE journey to Financial Independence and beyond. Like last time I’ve broken the update up into three parts – a financial update, a life update and a blog update.
Semi-Retirement Update – Q3/2021 – Coasting to FIRE
Our quarterly updates chronicle our adventures in semi-retirement and our financial progress from Flamingo FI towards complete Financial Independence (and probably Fat FIRE as well). Since we reached Flamingo FI in late 2020, we have not added any funds to our investments and are instead coasting to Financial Independence. You can read all about our … Read more
Quarterly Semi-Retirement Update – Q2/2021
Where have the last three months gone? How is it July already? I feel like we are stuck in this Covid infinity loop with no end in sight. Anyway, it’s time for another Semi-Retirement update. I’ve broken the update up into three parts – a life update, a financial update and a quick blog update. … Read more
Quarterly Semi-Retirement Update – Q1/2021
Welcome to our first quarterly update since we hit Flamingo FI! Going forward, we will post a life and financial update once a quarter instead of the monthly progress updates we published during our accumulation phase . I have recently written an in-depth article about our plan to coast from Flamingo FI to FIRE in … Read more
Coasting to FIRE (Without Saving Another Cent!) – Our Semi-Retirement Plan
We reached Flamingo FI six months ago and are now officially semi-retired. In this post, I’ll talk about our plan to get to FI in the next 10-15 years while working part-time and without saving and investing another cent for retirement. The Race to Flamingo FI Here is a quick recap of our plan (you … Read more
Exposed – The Money Flamingo Household’s 2020 spending!
We are back! It has been over 3 months since our last post and I can report that we survived our first few months as a family of four. Today’s post is our overdue 2020 spending report (how is it March already??).
What’s next for the Money Flamingo family?
It has been almost two months since we reached Flamingo FI and completed Project 1000. I would like to thank everyone for your messages and support, it really means a lot! As you might have noticed things have gone a bit on the quiet side on the blog. I am aware that some of you … Read more