Hello! 25 years old here and want to be "working to live instead of living to work"
Hello there! Finished university 2 years ago and turning 25 here. It didn't take long in my career for me to realize that I wanted to be "working to live instead of living to work".
I haven't decided yet how much I will need to pull the trigger but I am saving agressively and aim to be retired by 40-45 at the latest. Finally reached the $100,000 net-worth milestone recently (took forever!!). Awesome feeling and am eager to reach the $250,000 mark.
I feel like society, the goverment and especially corporations have all brainwashed us, making it seem taboo and even greedy to think of retiring early and aiming to spend more time on what we enjoy doing rather than our careers. Yet time and time again I observe that corporation will discard their employees at their earliest convinience because in the end they don't give a s*** about you or the sacrifices you've made and years of your life you've given up to increase their profits. I know that I don't want to spend half of the time that I have in this world being a slave to the corporate machine.
As I've seen others here mention, this forum seems like a great safe haven as many of us are like-minded, and this topic (and finances in general) are difficult/awquard to discuss with the people close to you, even family, as those people will be focused on comparing their progress to yours and some may be far ahead or behind compared to you or have a very different mentality and can't give a neutral opinion.
I also prefer to live below my means whereas most people seem to be hell-bent on living as far above their means as their can get away with, I presume because they are trying to give the impression to the world that they are more successful than they really are. Very few people I know seem to share my notion of small sacrifices now for bigger gains later.
Looking forward to sharing plans and advice with you all. And finally I love the term "F.I.R.E. "
P.S: Does it matter on this forum that I am from Canada? I believe the corresponding terms for a Roth IRA and 401K is just "TFSA" (tax free savings account) and "RRSP" (registered retirement savings plan) respectively for us here. Are there many canadian forum members?
Hello there! Finished university 2 years ago and turning 25 here. It didn't take long in my career for me to realize that I wanted to be "working to live instead of living to work".
I haven't decided yet how much I will need to pull the trigger but I am saving agressively and aim to be retired by 40-45 at the latest. Finally reached the $100,000 net-worth milestone recently (took forever!!). Awesome feeling and am eager to reach the $250,000 mark.
I feel like society, the goverment and especially corporations have all brainwashed us, making it seem taboo and even greedy to think of retiring early and aiming to spend more time on what we enjoy doing rather than our careers. Yet time and time again I observe that corporation will discard their employees at their earliest convinience because in the end they don't give a s*** about you or the sacrifices you've made and years of your life you've given up to increase their profits. I know that I don't want to spend half of the time that I have in this world being a slave to the corporate machine.
As I've seen others here mention, this forum seems like a great safe haven as many of us are like-minded, and this topic (and finances in general) are difficult/awquard to discuss with the people close to you, even family, as those people will be focused on comparing their progress to yours and some may be far ahead or behind compared to you or have a very different mentality and can't give a neutral opinion.
I also prefer to live below my means whereas most people seem to be hell-bent on living as far above their means as their can get away with, I presume because they are trying to give the impression to the world that they are more successful than they really are. Very few people I know seem to share my notion of small sacrifices now for bigger gains later.
Looking forward to sharing plans and advice with you all. And finally I love the term "F.I.R.E. "
P.S: Does it matter on this forum that I am from Canada? I believe the corresponding terms for a Roth IRA and 401K is just "TFSA" (tax free savings account) and "RRSP" (registered retirement savings plan) respectively for us here. Are there many canadian forum members?