This post was inspired by this over at FI for the People. Thank you Bitches Get Riches for bringing it to my attention.Perhaps my most popular post is the one where I wrote about my death march to financial independence. It describes how I went a little nuts to get to FI. I worked very hard and in doing so, forgot to live. The whole point of FI is better living, so I … [Read more...] about Live Boldly
Financial Independence
Performance Update, April 2022: Zoom Out
My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers.What a … [Read more...] about Performance Update, April 2022: Zoom Out
The Difficult Path To Wealth
A man who carries a cat by the tail learns a lesson he can learn in no other way.-Mark TwainWhenever the stock market takes a big dump, I feel a little giddy. Mindy and I are still in the saving part of our lives (she works, I don't [Wife-FI? Spouse-FI??]), so corrections are opportunity.We got very lucky last spring. We had paid cash* for a home back in 2020, but our … [Read more...] about The Difficult Path To Wealth
When leanFIRE Goes To fatFIRE: Lifestyles Of The Dirty And Smelly
Let's begin with some definitions:leanFIRE: Retiring on just enough to exist. You may have to:eat dog foodlive in a musty basementkeep the thermostat at 55 in the dead of winterBut you don't have to work.fatFIRE: Retiring with way more than you need. You can:go to Taco Bell every night for dinner (skip the $.99 menu and go for the big-ticket items!)enjoy … [Read more...] about When leanFIRE Goes To fatFIRE: Lifestyles Of The Dirty And Smelly
Withdrawal Strategies Part 2: Roth Conversions, Health Care, And College
Yesterday, I wrote a post about my withdrawal strategies and there were some comments about Roth IRA conversions that have me reconsidering my strategy:The Physician on FIRE and Done by Forty echo this strategy:I had mentioned that one of my goals was to draw down 401(k) accounts before age 72 to reduce the hit from Required Minimum Withdrawals. I had planned to … [Read more...] about Withdrawal Strategies Part 2: Roth Conversions, Health Care, And College