As I've often said before there is different ways to reach FIRE. The way to get there and when to get there is different for everyone. One type I particularly like is Coast FIRE or CoastFIRE. Its not easy to reach but if you manage to get there it can give incredible peace of mind and it will work in any country in any kind of pension system! Find out what Coach FIRE is and how you can reach it.
With high tax rates some of us might be frustrated that its much more difficult to reach Financial Independence compared to the rest of the world. However living in the EU has a few major advantages that will actually make it easier to reach Financial Independence.
As the government is providing for pensions in Belgium almost everyone I talk to who is a regular employee thinks they don't need to worry about this. Everyone around me thinks they only need to purchase a house and get it paid off before they are 67. They probably are right up to an extend.… Continue reading How much money should you have at EVERY age in Belgium to become a millionaire?
Previous blogs: Setting my FIRE number: when can I retire early? (2020) In 2020 I made a first attempt to update my FIRE number, I was not really sure how to calculate it yet, as there was no sure way to calculate this in Belgium. Most calculation models are based on a US model where… Continue reading Setting my FIRE number 2020 update, when can I retire early?
FIRE is a marathon, not a sprint. And like any marathon you need to prepare. You won't know where you are exactly until you prepared. With a new year coming up now is the perfect time to set these first steps! Trust me all the calculators online and simulations online will not be able to… Continue reading Five steps to take in 2021 to start your FIRE journey