@millennialindebt
Millennial In DebtWhere my future millionaires at 🗣️ TAP IN! There are 3 chapters in my book dedicated to investing and reaching FI/RE (whichever version you’re after) So if you’re looking to learn how to do the same or want to teach someone in your life how to get their bag 💰 grab a copy for you and a loved one! The book is currently on sale (🔗 in b/0) I reached traditional Coast FIRE 2 years ago which means that at traditional retirement age in 2051 I’d have enough money invested to cover my current living expenses. It also meant I could stop investing and just coast! But we all know I wasn’t gonna stop investing and I wasn’t going for traditional FIRE. My goal is actually FAT FIRE which would be a $2.5 million dollar portfolio that I would allow me to withdraw $100,000 annually in retirement. Though I likely won’t be adding an additional $50,000 to my portfolio in the next 5 weeks, I am excited to know that in 2024 I will reach FAT COAST FIRE! That means I can stop investing next year (which I won’t) and will reach FAT FIRE by the time I reach traditional retirement age. This is exciting for many reasons but the MAIN one is now I’ve reached an investing milestone of buying back time. Now every dollar I invest past $250,000 will allow me to retire earlier than 65! We’re aiming for 45-50 (so another 10 -15 years). Which means I’ll keep investing aggressively and won’t rely on the coast milestone. It is however a nice safety net to have now — because we all know life will always life and plans can always change. If grabbing my book isn’t possible hit the 🔗 in b/0 to join my free weekly future millionaire newsletter! It’s packed with gems and tools to help you learn to manage and grow your money in an accessible and actionable way! I’ll see you there 😘 . . . . . . . . . #millennialindebt #retirement #fire #investingtips #investing #investing101 #investingforbeginners #investingstrategy #investingeducation #howtoinvest #coastfire #personalfinance #debtfreecommunity #generationalwealth #futuremillionaire
On the profile · Nov 22, 2023