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
Tag: Early Retirement
Setting my first FIRE number: when can I retire early?
How could I have FIRE blog without a plan to retire early? Its time to change that! What is a FIRE number? Your FIRE number is the number you need to retire. Its the amount in investments you need to reach before you can officially say you have enough money to no longer work for… Continue reading Setting my first FIRE number: when can I retire early?
Moving abroad | Why Portugal is the ultimate financial independence country
What if I told you there is a modern country out there, part of the EU, great healthy food, low cost of living with seas, a great climate and low cost of living? As I am living in EU I do compare the member states outthere to see what member states would be good for… Continue reading Moving abroad | Why Portugal is the ultimate financial independence country
How do you become rich? | The simple life
My first wage was 1270 EUR after taxes / Month Additionally I got a "gasoline card", basically free gasoline for my car I was really proud. I thought I was making a ton of money. Ok...1270 is not such a high wage by Western standards perhaps. But include free transportation, and knowing healthcare is almost… Continue reading How do you become rich? | The simple life
Increase your pension and lower your retirement age
Legal versus actual retirement age in OESO countries When we look at the actual retirement age versus the legal age, we can see that the real age is in most countries, especially Western countries, bellow the legal age. The government cannot force anyone to work, but at the same time they are not required to… Continue reading Increase your pension and lower your retirement age