Retirement Problems: My 2 Biggest Fears Since Retiring

Retirement Problems: My 2 Biggest Fears Since Retiring

Having retirement problems when you’re early retired can sometimes sound petty.  It’s like winning the lottery and then complaining about the amount you have to pay in taxes. So, don’t get me wrong – I’m having the time of my life since I left my job in 2018.  Gaining freedom and more time are two facets of life that only a small percentage of people can fully realize and I’m loving every minute of it. We’ve been enjoying time together as vagabonds over this past month playing at Kelleys Island, Great Wolf Lodge, Cedar Point, and more.  When this post comes out, we’ll be on vacation in South Carolina… yeah, just what we need, another vacation! And all of this

How to Get a Million Dollars for Your Nest Egg

How to Get a Million Dollars for Your Nest Egg

By early 2017, we had finally built our net worth up to over a million dollars.  It was a great feeling to reach that milestone, but it didn’t really change things for us – we just continued to follow our plan. When I left my job at the end of 2018, we had a net worth of about $1.1 million and, thanks to the bull market still pushing ahead, it’s roughly $1.2 million right now. I’ve written a few posts talking about the relevance of the infamous $1 million number: $1 Million Net Worth… Now What? Is One Million Dollars Enough to Retire On? Being a FIRE Millionaire Doesn’t Mean You’re Rich Some folks look at that as an amazing

Why Not Keep Working and Saving? Are You Stupid?

Why Not Keep Working and Saving? Are You Stupid?

I’m only 43 years old right now (Ok, fine – I’m pushing 44!).  But this is still prime time to continue on with my career.  If I were to keep working, I could build up an even bigger and more secure nest egg. So why don’t you do that?  Why did you leave your job and retire early?  Are you stupid or just lazy? Haha, talk about cutting to the chase! I actually love when others ask me questions about our plans because it gets the conversation going about financial independence. Personally, I don’t feel like everyone needs to retire early from their jobs.  If you enjoy what you do, more power to you.  But I do feel that financial

8 Financial Tips I Wish I Knew When I Was in My 20’s

8 Financial Tips I Wish I Knew When I Was in My 20’s

My nephew recently started reading this blog and it got me thinking.  What would be valuable information for him as a reader?  What do I wish I knew when I was younger? He’s almost 20 years old and he just started a career in construction probably close to a couple of years ago.  At his age, I know I wasn’t very smart financially.  Don’t get me wrong – I thought I was, but looking back, I made some stupid decisions. So, like any old man, I almost feel obligated to pass along some of the knowledge I wish I knew back then to help him out.  And yeah, 43’s not that old, but I’m not getting any younger! Do you

FOMO is the Cancer of FIRE

FOMO is the Cancer of FIRE

Scary title, right?  Using a word like “cancer” is not something to take lightly and saying that FOMO is the cancer of FIRE is something that should make you raise an eyebrow. But here’s the thing… that’s exactly what it is.  And it has the power to destroy your journey to FIRE. Today I’m going to explain why this and how to avoid it. But first, let’s define a couple of words:   FOMO (or FoMO) FOMO stands for Fear of Missing Out.   The idea is just like it sounds – if there’s some type of event or get-together going on and you don’t attend (by choice or not), you feel some sort of social anxiety. Maybe a few weeks

It Takes More than Money – My Interview on Retire By 40

It Takes More than Money – My Interview on Retire By 40

A lot of you already know that Joe from Retire By 40 was my inspiration for heading down the path to FIRE.  He gave me the kick in the pants I needed to realize that early retirement was possible. I took a week off of work when my daughter was born in 2010.  When I had to go back to work after that and couldn’t be with her throughout the days after, it crushed me.  I struggled, but I thought that was just the way it goes. But then, a couple of years later, I stumbled across the Retire By 40 blog and was blown away.  There were a lot of similarities between our lives and that gave me pause.