How long until I reach FI?

Saving & investing, frugality & simple living. They're all part of the wealth equation.
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Bichon Frise
Posts: 1108
Joined: Fri May 04, 2012 2:23 pm

Re: How long until I reach FI?

Postby Bichon Frise » Thu Aug 16, 2012 7:29 am

So, If you do a 2 phase FI thing, are you really financially independent?

Basically, you want to create a fictitious magic number by which you can call yourself "free". It does not mean anything until you walk the talk. So, pick away.

There are always wants. Perhaps you want a new kitchen, or take that dream trip to Europe. Perhaps you truly have no other wants in life (doubt it), but if you do, it would certainly suck to work a couple of decades wanting and saving to do those things, and then kicking the bucket before we get to do them. Just my 2 cents. I don't believe in getting on the treadmill and running as fast as you can. I prefer to take it more easy and enjoy the journey a bit more. And I've done both cases.

Good luck!
Bichon Frise

"If you only have 1 year to live, move to it will seem like an eternity."

avocado wrote:Good to see you back, I was starting to miss your incisive commentary!

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