siamamerican
Dryer sheet aficionado
- Joined
- Aug 4, 2008
- Messages
- 37
The road was short for me, starting in 2003, at age 34, and ending in January this year. I had always been able to save, but only to spend all of money on multi year global trotting. I had incredible experiences and little savings. At 34 and newly married, my goals changed or more accurately stated, I finally set goals. Initially the goal was simple save as much cash as possible and retire in the next 15 years.
As the saving increased, more and more investment and professional opportunities presented themselves. Everybody is going to have a different path to FI. Too many variables ( personality, intelligence, LUCK...). My advice is to first build a cash cushion to take advantage of opportunities. Then make the financial choices that “YOU” determine prudent.
What works for someone else, most likely won't be what works for you. If you enjoy holidays with friends and family and only save 10% of your salary a year, you might die a happier than the person that saved 50% and retired 15 years earlier.
As the saving increased, more and more investment and professional opportunities presented themselves. Everybody is going to have a different path to FI. Too many variables ( personality, intelligence, LUCK...). My advice is to first build a cash cushion to take advantage of opportunities. Then make the financial choices that “YOU” determine prudent.
What works for someone else, most likely won't be what works for you. If you enjoy holidays with friends and family and only save 10% of your salary a year, you might die a happier than the person that saved 50% and retired 15 years earlier.