Aspiring to be Rich – What Does that Mean?

 

Before I discovered the concept of financial independence and before I realised early retirement was achievable for someone like me, I was still interested in educating myself about all things money and gaining wealth. I knew that the way to a rich life was out there somewhere and I wanted to find it.

I think I am just one of those curious people. I didn’t want to be working into my sixties, that’s for sure but other than that it’s hard to describe what I was looking for. What did I mean by the concept of a rich life? Continue reading “Aspiring to be Rich – What Does that Mean?”

Safety in Numbers – Refining the FIRE Plan

As I get ever closer to my FIRE date and am facing the possibility of a much earlier exit from my current job than planned, the geek in me has gone into overdrive and I have been spending some time (…..ok, A LOT of time) reviewing and refining the numbers. Continue reading “Safety in Numbers – Refining the FIRE Plan”

The “Just in Case I Quit” List

I realise I have been quite negative over the last few weeks. It hasn’t been the easiest time and I have found myself struggling to cope with the ever present work related pressure and stress. So much so that I am on the verge of quitting at any time – one more unreasonable demand could be the straw that breaks this camel’s back.

But wallowing in misery for the next few months isn’t going to help. Buoyed by the messages of support and solidarity from recent comments, it’s time to get practical. Continue reading “The “Just in Case I Quit” List”

Who Have you Told About Your FIRE Plans?

Anybody else feel the same way that sometimes it feels really weird talking about either financial independence or early retirement (or both) out there in the real world? Continue reading “Who Have you Told About Your FIRE Plans?”

I’m Afraid I’m Going to Quit Before I’m Financially Independent

This is one of those weeks where I could so easily throw in the towel.

(I make no apologies – there is some ranting in this post. Sometimes I just need to get things off my chest).

I had a couple of black days on my tracker and that combined with the beautiful weather we are having means I am yearning to be free of this job millstone and get on with real living.  Continue reading “I’m Afraid I’m Going to Quit Before I’m Financially Independent”

How I Saved My FIRE Fund

I still have some way to go – but it’s fair to say I have saved a good chunk of money into my Financial Independence fund.

At the time of writing this I am 89% of the way there in terms of having enough saved to fund the second stage of my retirement (when I can draw down from my pensions) and I have 78% of the savings I need in place to fund the years until then.

If I succeed in retiring in just under 3 year’s time, I will be 49 years old. It’s not super early like some of the people I read about, but it is well ahead of standard retirement age. I have got to this point partly by having an above average salary in the last few years and partly from good habits or particular personality traits (with a few mistakes thrown into the mix).

These are the habits and traits that have helped me save my financial independence fund. Continue reading “How I Saved My FIRE Fund”