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Any F in Minnesota?
Additional Posts in FIRE Financial Independence Retire Early
What are the best cities to live in for FIRE?
Vtsax vs fxaix?
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What are your favorite resources? Mine are Mr. Money Mustache, the Mad Fientist, and JL Collins’ book The Simple Path to Wealth
Quit like a millionaire is my fave book so far
Switch jobs to max income, reduce expenses to maximize cashflow, max taxed advantaged vehicles then throw money into a vanguard investment acc. Learn to be handy to reduce expenses and live a fulfilling life
A fire journey must be personalized and isn’t an end goal of retirement, but a goal of enabling you to do what you want. You still need to have a passion or hobby or job or you’ll go mad.
Healthcare is more expensive than you’d think.
FIRE bloggers all have a bit of BS to them, if they’re pulling down massive incomes from their FIRE journey stories. Beware of what they try to sell you.
Totally agree. My approach is to read a bunch of different sources and pick out what I like from each (hence this post)
100% VTSAX until i’m 50
So far mine are: focus on building and acquiring assets that generate income, earnings over savings (kind of the same thing but different, I need better advisors in the real estate industry to find good opportunities, when I have these assets and businesses stood up I’ll put a corporate entities over it, reducing taxes is the same (if not better) than reducing other expenses
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