Welcome to Retiring On My Terms
Welcome to my blog, Retiring On My Terms.
In the interest of full disclosure, I want to be up front about what I believe are three key requirements to achieve financial independence and/or early retirement (FIRE):
Earn more.
Spend less.
Productively invest the difference.
I recognize this view is nothing revolutionary.
So why should I read what you have to say, you ask?
Great question!
Like every writer, I bring a different perspective than others to solving this equation. I hope parts of my background resonate with you, and that my postings make you want to read more.
I am married, and in my mid-40s, with two elementary school aged children. My wife has worked as a stay at home mother since our first child was born.
I work full-time. Besides my paycheck, our only income sources are interest and dividends. We own no rental real estate, and we don’t have any side hustles.
We live in a relatively expensive area of the United States. Although we generally purchase conservatively, our spending levels are less Spartan than those of many other FIRE bloggers.
I have a different perspective on investing than many others. I believe much of the conventional wisdom you have heard is correct. But I don’t think 100% of your portfolio should be in index funds.
I intend to retire from the full-time workforce before I turn 50, and before either of our children will be college age. We intend to pay for a significant portion of their college expenses, if that is the path in life they decide to pursue.
I hope you enjoy following our journey, and look forward to your thoughts.
Thank you for reading!
Payton
November 26, 2017I just wanted to say that I’v read several of your blog posts and I think your doing a great job. I just started my own blog and its ALOT harder than I thought it would be. Keep up the good work and I’m looking forward to your future posts.
ROMT
November 26, 2017Thanks for stopping by Payton. It is a lot harder than it looks, as evidenced by my lack of posts over the past few weeks. But I plan on fixing that soon! Best of luck with your new blog, I look forward to following your journey!