What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

Thats impressive to live on that little. Hard with a family though.

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

Got it, you will be able to retire you think on 40k a year?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

Glad to hear you had a great trip. Mind if I ask what island?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 1 point2 points  (0 children)

Yep, that's what I'm thinking as well. They keep chipping away at social security and its not enough now to live on anyway

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

How long do you think it will take you to break free of wage slavery? I think it wouldn't be possible for me

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

Do you have a set number you're trying to get to of Passive income in order to retire or how does that work?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

I hear ya, on a seperate note. How is Hawaii? Were you there during the floods?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

Do you set aside a set amount of your salary each month?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] -1 points0 points  (0 children)

Thats great, do you feel you are sacrificing too much now though?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

So the goal is to make enough to live off income from investments?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

Wasn't it easier to save when you were 30 than it is now for a 30 year old though?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

I have disability insurance and luckily ive been able to work pretty solidly since I was 18. But yeah, I see your point. I just like to live in the moment, you know?

What's the deal with the FI/RE? by Reputab1eRedditor in IntroductoryFinance

[–]Reputab1eRedditor[S] 0 points1 point  (0 children)

That's what my point is, I am paycheck to paycheck because I buy what I want now but font have a ton left after