It’s the first FIRE Progress of 2019 The Numbers 20.4316% This is our invested assets/target number. Our invested assets span across a variety of investment vehicles such as 401k, HSA, IRA, Roth IRA, ESPP (Employee Stock Purchase Program) and standard taxable mutual funds. 115 months The number of months until my 45th birthday and our…
Category: Retirement
FIRE Progress Report – December 2018
Let’s dive right into the December 2018 FIRE progress report. The Numbers 21.6151% This is our invested assets/target number. Our invested assets span across a variety of investment vehicles such as 401k, HSA, IRA, Roth IRA, ESPP (Employee Stock Purchase Program) and standard taxable mutual funds. 116 The number of months until my 45th birthday…
FIRE Progress Report – November 2018
Let’s dive right into the November 2018 FIRE progress report. The Numbers 20.9111% This is our invested assets/target number. Our invested assets span across a variety of investment vehicles such as 401k, HSA, IRA, Roth IRA, ESPP (Employee Stock Purchase Program) and standard taxable mutual funds. 117 The number of months until my 45th birthday…
FIRE Progress Report – October 2018
Let’s dive right into the October 2018 FIRE progress report. The Numbers 22.3716% This is our invested assets/target number. Our invested assets span across a variety of investment vehicles such as 401k, HSA, IRA, Roth IRA, and standard taxable mutual funds. 118 The number of months until my 45th birthday and our finish date. 112.38…
FIRE Progress Report – September 2018
I’ll be honest, I’m not consistent about posting on a regular basis, but I’m going to try to post a monthly report about our progress towards FIRE. It will be short and to the point without a lot of fluff. I’ll also give a tad bit of an update on the different things we’ve got…
Mortgage done, what’s next? FIRE!
While it has felt like a long, slow journey to get the mortgage paid off, by most people’s standard, we’ve probably paid the mortgage off quickly. The actual total time was about 11 years and 4 months from beginning to end. The question is… What’s next? First, FIRE stands for Financial Independence Retire Early. Some people…
Early Retirement – What does it mean to you?
I think many people fall into two groups when they think of an “early retirement lifestyle”. One group thinks that since you’re not going to save for the same amount of time as everyone else (30-40+ years), you’re likely going to retire with very little. If you retire with very little, you’re going to live a very meager…
Early Retirement? Why Not!
Over the past several months, I’ve been fascinated by the idea of early retirement. Just the term early retirement can bring up a few different questions. What is early? I consider early to be anytime before when most people would retire. A quick search on the internet brought up a US News article where they surveyed…
What are you going to do with your tax refund?
According to the IRS, the average tax refund last year was about $2800. That’s a lot of money. Let’s look at that a couple different ways. $2800 is the same as: $233 a month $116 if you’re paid twice a month $107 if you’re paid bi-weekly $53 if you’re paid weekly That would be a…
What is a Roth IRA and why do I need one?
I’ve been pretty focused on finding products and services that will save you money in each post. However, this week, I wanted to take a break from the usual and discuss the Roth IRA. I’m sure everyone has heard of them by now, but perhaps you’ve still got some questions. Well hopefully I’ve come up…