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Old 01-15-2012, 08:18 AM   #21
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Originally Posted by Illbuck2006 View Post
Speaking of rising expenses; we're thinking about have a child/children. From all aspects this is great, but from a purely financial aspect I'm wondering how will having kids impacts FIRE dreams? Is it possible to have children and still FIRE?
Yes, it is possible, some members have done so, and your goal to FIRE in 24 years should still be achievable. There will be contension between goals, and you need to remember to pay yourself first.
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Old 01-15-2012, 10:35 AM   #22
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That's good to hear; I thought once we had children our dreams of FIRE would go up in smoke (j/k).
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Old 01-16-2012, 02:02 AM   #23
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Welcome to the forum. To answer your question, you may wish to consider CDs and munis (please note I am one of the more conservative people on this website )
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Originally Posted by Illbuck2006 View Post
My question to the community is what avenues would you suggest investing in if you were in our position?
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Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 01-16-2012, 04:32 AM   #24
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That's good to hear; I thought once we had children our dreams of FIRE would go up in smoke (j/k).
Read this thread. It may make you reconsider http://www.early-retirement.org/foru...oll-33640.html
Seriously, FIRE is not about kids or not, it is about having clear objectives and a plan to achieve them. Good luck
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