In this edition of determining my FI number, I’ll be aiming for more of a leanFIRE. Let’s walk through the steps again, after making some spending cuts.
Follow these 4 steps to determine your FI number. And it is perhaps the single most important goal to reach my target of retiring by 45.
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Net Worth Baseline: September 2019
We’ll look at what my net worth is as of the beginning of September 2019. We’ll exam how it’s distributed and how much I’m making from passive income.
I’ll take some time to explain what FIRE is. I’ll also give a quick review of the “FIRE Movement”, and some of the criticisms about early retirement.
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Gone…… Where?
Going now and Gone tomorrow. Gone from work. Going to give of my time, my money, my resources on my schedule. That’s what Gone on FIRE means to me.