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Age 44 £1.2M in wealth which at current exchange rates is about $1.6M. Will FIRE in the next few months.

It's been a fabulous few months financially both from a saving and investing perspective. This culminated in me becoming FINANCIALLY INDEPENDENT a month or so ago at age 43! I now have 105% of the wealth I believe I need to ensure I never have to w*rk again. With my investment return YTD at...

:coolsmiley:

Brexit vote resulted in GBP weakening which boosted a portfolio measured in GBP. Even though moving to the Med will stay a 'UK based' investor at least for a few years just in case doesn't work out. GBP: EUR exchange rate used for calculations is worst case average annual (1.123) since...

UK Investor. Up 12.6% YTD. A big positive of the recent increases is that it pushed me over the FI line 2 weeks ago. In total my journey took me 8.7 years. Now I just need to clean up a few loose ends for a Mediteranean FIRE while hopefully avoiding OMY. I should be FIRE'd at age 44 and am...

I keep very accurate financial records and am not quite at FIRE but close with 94% of the FIRE wealth I'll need. Saving has so far contributed 68% and investing 32%. I started investing in late 2007.

UK based investor so was out voting on Thursday. Portfolio up 1.9% on the week. Up 5.5% year to date.

When I was much younger I was lucky enough to be able to live close to an ocean that you could swim/surf/kayak in for a large portion of the year. That is a form of exercise that I want back. Where I live today in the South East of England it is a lifestyle of excessive pace and zero...

Still have my head down helping FIRE approach at a rapid rate. Today I have 92% of the wealth I need for FIRE. Providing Mr Market behaves should be done in a little over 6 months. A couple of observations from my journey so far: - If I hit my FIRE date my saving hard and investing wisely...

To share another perspective I'll jump in with my story. I'm working towards the FIRE in less than 10 years story. I'm also not new to the building of wealth stage as I have 93% of the wealth I think I'll need and unless Mr Market throws a curve ball I'll be done in 6 months. So I know what...

UK based investor here. Good start for me with a YTD +1.7% coming off the back of a +0.9% 2015. Nothing special in my portfolio - plenty of UK, Aus, US, Europe, Japan equity trackers, UK/Europe commercial property, UK Index Linked Gilts, Cash for a home/to tide me through the bad times and a...

Q1 '15 was good to me. Living well below my means and saving the difference between earnings and spending allowed me to increase wealth by 5.7%. On top of that Mr Market also added a further 5.8% to my wealth. I now have 87.2% of the wealth I need for Early Retirement. A year ago it was...

Nominally a 68 stocks : 32 bonds portfolio. UK based so UK shares are my home equity allocation. Up 5.8% for the 1st quarter.

I'm also on a 10 year plan. Current projections show me as being 1.5 years away from FIRE which would be an actual of 9 years. At 42 currently I was a couple of years older than your good self when I woke up to what was possible.

Are you retired? No How old are you when you retire? With a fair wind I should be 44 (42 now) When do you want to retire? When I reach my Number.

Thanks. Time is fast approaching. Hoping I don't get the OMY itch. Yes I visit Bogleheads intermittently under the same name as this website. I'm pretty happy with my investment strategy and have my Number now so don't visit as much as I used to. I'm now switching to here. Reading a lot...

2014 ended with an annualised investment return of 5.4%. Interestingly one of my star fund performers was a UK Index Linked Gilt fund which rose 19.2%. My savings rate ended a little below par at 48.1% of gross earnings. I choose to pay my investment taxes out of my earnings rather than...

UK based investor here. 5.6% for me from a balanced portfolio covering global equities (22% UK though), UK index linked gilts, EU/UK property and a bit of gold. One of our main indices, the FTSE100, actually finished in negative territory for the year.

It's also very dependent on which country you retire in. Wade Pfau has done some good work in this area. He showed during back tests that for a 50% Domestic Stock, 50% Domestic Bond, portfolio to have not be depleted over 30 years then you needed to be taking less than 3.67% (1966 was the key...

A significant milestone passed last week - 75% of the wealth I need for FIRE.

Your statement to reduce spending has been one of the most powerful tools in my 'towards FIRE fast' armoury because it not only accelerates progress towards the goal by increasing savings rate but also brings the goal posts closer. Reminds me of a quote by Epictetus - Wealth consists not in...

I'm in a similar situation. I have saved on average between 55 and 60% of gross earnings. The tax man then takes far more than I live on.

The numbers are in for August 2014. I now have 74.4% of the wealth I need to pull the FIRE pin. Annual expenses are down to 0.32% which I'm sure still sounds a lot to many US investors. One of the causes is a particularly expensive employer pension scheme that I'm in: - as my employer...

Thanks for the welcome Meadbh and AnIntentionalRoad It's interesting you say "getting it figured out at a young age". I am very self critical and push myself hard so it doesn't feel that way. Looking back I lost a bit over 10 years where I made all the usual mistakes which included car debt...

It’s time to delurk and introduce myself. I’m a bit of a rarity around these parts being UK based and I am 41 years old. My story really began in late 2007 when I woke up to how much of the financial sector in this (and other countries) works. This led to disillusionment and a realisation...