Hi guys. I just took the time to read through this post I made in my 20's. It's from 2013 so if you would like to quickly read through it, here is the link. ( http://www.early-retirement.org/for...me-and-impulse-spending-needs-help-64634.html ) Now that I'm 30 I'm seeing life much more clear. I'm still buying high end cars but keeping them much much longer and I own them outright. A big mistake I made last year is I acquired a bigger house with a 4 car garage. I had the last house payed off for a measly 7 months before I sold it in the low 300's and purchased a 650k home. I currently owe just shy of 200k and it's on a 10 year mortgage. I have 5 cars right now but I'm engaged and two are sort or hers. She has her daily driver and her weekend/fun car. My hours in an office have gone down where I'm at work 32 hours a week. Her and I are working on getting our realtor licenses and will have them by March 17. She is leaving her pre school teaching job and will be a full time realtor. I will be helping part time with a focus on listing appointments while she will be handling buyer clients, open houses, follow up, and other tasks. I'm forecasting we will be making low 200's off real estate in 2018 plus what I'm currently making (Still 350k). I also want to get into rental property and flipping houses one we get past our learning curve in real estate. I don't see that discussed on here quite often (I lurk a lot). Everyone always loves the stock market. I personally enjoy things I can touch and see.
We also decided we are not going to have children and I want to retire at 40. At that time she will be 37. If we enjoy real estate then we may continue to do that in FIRE but at a less aggressive pace. I'm happy with all the current cars we own and we also decided this is our long term home. With all that said, I plan to spend the next 10 year working very hard at saving and growing a massive amount of money. I estimated we will need about 4 million to retire and after looking at the math my goal seems obtainable. Thanks again to everyone who took the time to give me solid advice years ago!
PS: If anyone needs any visuals feel free to visit my Instagram, the username is ATTITUDEOFAWINNER.
Matthew
We also decided we are not going to have children and I want to retire at 40. At that time she will be 37. If we enjoy real estate then we may continue to do that in FIRE but at a less aggressive pace. I'm happy with all the current cars we own and we also decided this is our long term home. With all that said, I plan to spend the next 10 year working very hard at saving and growing a massive amount of money. I estimated we will need about 4 million to retire and after looking at the math my goal seems obtainable. Thanks again to everyone who took the time to give me solid advice years ago!
PS: If anyone needs any visuals feel free to visit my Instagram, the username is ATTITUDEOFAWINNER.
Matthew