I’d never heard about FIRE (Financial Independence, Retire Early) until a few years ago. The year was 2014 and my husband decided he would like to join me in early retirement. I had left the workforce years earlier to be a full-time stay-at-home mom. At the time, we were still 20 years away from the normal retirement age in America and although we’d done all the right things, like maxing out savings in 401(k) plans, starting 529 plans for our children and living within our means, we were nowhere near ready to go from an income of one to none.
We had grown to a family of 5 (with 2 teens and a tween) when we devised our 6-year plan. That would give us enough time to hopefully grow our wealth so that my husband’s paycheck was not needed to maintain our current lifestyle.
We’re now less than 2 years away from FIRE (summer of 2020) and so far, thanks to a great bull market in which a rising tide lifts all boats, we’re on track. On this site, I’ll post the details of some of our successes as well as our failures (like picking individual stocks – how could anyone lose money in this market?) I’ll post about our ventures into alternative investments, like peer to peer lending, as we work toward our target of complete financial freedom.
Oh, and one more thing. We’re American citizens living in Canada. We moved to the Great White North for an awesome career opportunity for my husband. That was back in 2011, long before it was trendy to move to Canada to escape the current political environment in the US. On this site, I’ll share thoughts on the many differences (and similarities) between the two countries.