I did not retire in my late 40s simply by making loads of money or by being a whizz at investing, contrary to what most people think. In the beginning like most, I kind of sucked at investing and my returns were all over the place. Also like most, I didn’t make a lot of … Continue reading Is Frugality a Super Power?
Category: Financial Independence
I struggled with this question ten years ago when I retired at the age of 48. Everyone wants to know: "How much money do I need to retire early? Is it one million? Is it less? More?". Unfortunately, there is no magic number. Everyone’s situation is different and the answer to this question will depend … Continue reading Retiring Early: How Much Money Do You Need?
So there's an early retirement movement that has been around for a while. It's called Financial Independence Retire Early (FIRE). The idea behind the movement is to save half or more of your salary, by living a super frugal life and investing until the income generated by your investments equals your annual spending costs. Mathematically, … Continue reading Retire in Your 20s! Is it Possible?
Money with Marc 