As a family, we are far away from FI. The current official retirement age in Belgium is 67. That translates for me into 2043. Every year that I can be free before that is a win! So, what is the current guesstimate?
Life can be more complex that 25 times your annual expenses … More No more FI for me!
Setting up systems to accomplish life goals! … More My 2017 Goals
I’ve got to break free…. I want to break free, yeah…. I want, I want, I want, I want to break free. (Queen) Don’t we all want to be free?
The FIRE community is great source for both technical investment advice and life improvement. Plenty of excellent sources out there. It is also a community where people FI early: mid thirties, early forties…. Where people share a lot of damn good numbers. Could it be that we now want to keep up with a new set of … More Beat the FIRE Joneses!
One of the topics I picked up during the BE-NL meetup was this: having a system in stead of goals. When I think about it, this could be doable. It is maybe what we are doing already.
The journey for Financial Independence is a marathon. It takes a lot of time before you reach the finish line. It can be quite demotivating not to see the end. While reading blogs and comments on my site, I actually came to realise that there are maybe multiple stages in financial independence.
Investing in the stock market is not a free lunch. You take risk in order to get a reward. If anyone else tells you there is free money out there, then it is very likely a scam. Risk is something you not always see.
It is actually quite scary to make a financial plan that lasts a lifetime. There are more things we do not know than things we know for sure. Yet, I made the effort to make a financial plan to guide my actions, and guess what: it is wrong! But it is perfect for me.
One of my 2016 goals is to generate some income with my play money. By having playmoney, I keep myself occupied and active on the markets. This is only a small part of my portfolio. The vast majority is then left alone, like it should be.