My immigrant grandfather never climbed the social ladder and didn’t retire young or rich. I’m not sure he even understood or subscribed to the concept of investing or retirement. Yet similar to FIRE walkers, he managed both his money and his lifestyle in a way that made him rich in stability, freedom, and the opportunity […]
About Mr. FI
It’s the Final Countdown! 48 paydays until freedom
Starting now, January 2023, I expect to achieve my financial freedom target in 2 years (or less), or 48 pay periods. The countdown begins!
Six Month Check-in Part II: Closing a $350K Gap
Six months ago, I was ~$350K short of my goal to retire and move debt free to Denver. In this inflation-infested market, my investments were crashing in the opposite direction of Denver home prices and mortgage rates which were spiking. Here is how the math worked out 6 months ago: As you can see, I […]
Six month check-in Part 1: Mr. FI’s headspace
This will be a 2 part series. This post will cover my my musings and observations about stress and work/life balance. Since this is a personal finance blog after all, I’ll cover the particular numbers in my FI journey and share my progress toward a pending early retirement in a second post. About 6 months […]
Why I quit my job instead of retired
Most people get burnt out at work and fantasize about quitting. They might even visualize tossing their badge in their boss’s face or maybe dropping f-bombs over zoom. [ . . . ]
Sitting on cash cost me a fortune
General wisdom says to save 6 months of living expenses before investing. Many financial advisors even recommend 12 months. Good advice? Eh, maybe. For the paycheck to paycheck crowd anyway. But if your aim is to retire early, you don’t have 40 years to invest. You need to put your dollars to work for you as soon as possible. Missing out could cost you. I learned this lesson the hard way.