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):
Productively invest the difference.
I recognize this view is nothing revolutionary.
So why should I read what you have to say, you ask?
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!