InjeraHummus
Confused about dryer sheets
- Joined
- Apr 16, 2021
- Messages
- 3
Hello. I am a 32 year old with a net worth of 140k. 90%stocks 10% cash. All my investments are Index Funds(SWSSX, SWISX, SWPPX). I have a 2055 Target date fund for my 401k(maxing out contribution). Also have an HSA and Roth IRA maxing those out for the year. The rest goes into an individual brokerage account.
I live and work overseas in East Africa. I really just started to get serious about retirement a year and a half ago. I make pretty good money and have basically no bills because of my employment situation. I have always been pretty frugal and have been aware of the FIRE movement for a few years now. I am able to invest about 78-82% of my after tax income a year because of my employment situation right now. I have no debt, I do not own property. Right now I am on track to increase my net worth to over 200k by the end of the year.
I am more interested in the FI part of fire. Right now my plan is to hit 1mil before 40 years old and continue living overseas in a relatively cheap country. Not sure where yet, but I don't plan to live in the USA anymore. If I do it will be some where with a lower cost of living.
I think I am on a fast track to achieve financial independence, but the reason I found this forum is because I am starting to feel like its not happening fast enough. I am curious if anyone else gets this "fatigue" sort of feeling about stacking your money during their FIRE journey. I am also starting to notice that it is difficult to talk about money with my friends because no one around me is saving like I am. I went from about 10k to 100k net worth in 2020.
I have considered that I am going to hard, but idea of having my time be my own completely by the time I turn 40 keeps me going. I am willing to sacrifice some quality of life now for a future where I don't have to work 60+ hours a week.
I live and work overseas in East Africa. I really just started to get serious about retirement a year and a half ago. I make pretty good money and have basically no bills because of my employment situation. I have always been pretty frugal and have been aware of the FIRE movement for a few years now. I am able to invest about 78-82% of my after tax income a year because of my employment situation right now. I have no debt, I do not own property. Right now I am on track to increase my net worth to over 200k by the end of the year.
I am more interested in the FI part of fire. Right now my plan is to hit 1mil before 40 years old and continue living overseas in a relatively cheap country. Not sure where yet, but I don't plan to live in the USA anymore. If I do it will be some where with a lower cost of living.
I think I am on a fast track to achieve financial independence, but the reason I found this forum is because I am starting to feel like its not happening fast enough. I am curious if anyone else gets this "fatigue" sort of feeling about stacking your money during their FIRE journey. I am also starting to notice that it is difficult to talk about money with my friends because no one around me is saving like I am. I went from about 10k to 100k net worth in 2020.
I have considered that I am going to hard, but idea of having my time be my own completely by the time I turn 40 keeps me going. I am willing to sacrifice some quality of life now for a future where I don't have to work 60+ hours a week.