financial-independence-retire-early

There's a new career trend on the rise among millennials: mini-retirement.A mini-retirement can provide a much-needed break from the 9-to-5 and help reorient your career.Three mini-retirees shared their experiences with putting a pause on their careers.Florence Poirel spent over a decade climbing the corporate ladder at Google, working her way up to the position of…

Sarah Lesselbaum joined the Financial Independence, Retire Early movement in 2018.Last year, she made over $70,000 by working part-time and owning a business.She said saving and investing gave her peace of mind to spend on the things and people she loves.This as-told-to essay is based on a conversation with Sarah Lesselbaum, a 44-year-old in Delray…

Andre Nader found himself in a financial hole after losing money trading options.He shifted his investment strategy and started buying low-cost index funds.He owns various Fidelity and Vanguard index funds, including VTI and VXUS.Andre Nader lost a good chunk of money in the stock market in his early 20s."I used my student loan money in…

An Idaho couple retired with a net worth of over $2 million by living frugally and making smart investment choices.Richard learned investment strategies later in life after losing thousands in the dot-com bubble.Richard's story highlights the "millionaire next door" mindset of diligent saving and careful investing.Richard, who is in his mid-70s, never held a very…

Amberly Grant achieved 'coast FIRE' by saving 75% of her income and investing in index funds.For years, she lived on $1,300 a month by saving big on housing and transportation.She used her savings to max out her 401(k) plan, Roth IRA, and HSA. Thanks for signing up! Access your favorite topics in a personalized feed…

In 2019, at the age of 23, Lauren Simpson and her husband Ian decided to pursue an ambitious goal: retire by age 35.Over the last five years, the New Hampshire-based couple, now aged 28, has grown their net worth from less than $100,000 to an estimated $834,000 as of June, according to documents viewed by…

Being part of the financially independent / retire early movement sounds like the dream. But if it's realistically unlikely that you'll achieve it, you may find comfort in the fact that working for most of your life could at least boost your longevity.Members of the "FIRE" movement prioritize living frugally to save and invest as…

Ruth Ang was 30 when she met her now-partner Luc Maurice on a plane from Phuket to Bangkok.Ang is originally from Singapore, and Maurice is from Canada, but after about a year of long-distance dating, they decided to start living together in China in their early 30s.They grew their careers in Shanghai — advertising for…

Sam Dogen and his wife both retired in their mid-30s, haven't had a full-time job since the mid-2010s, and are raising two kids in San Francisco on a budget of nearly $300,000.During their careers, they frequently saved over 80% of their income and put most of their money into passive investments to achieve financial independence…

Shelly October, 41, thinks she'll have the financial means to retire early by her mid-50s. But she has little intention of doing so.October, a speech-language pathologist for New York City Public Schools, started her journey toward financial independence a few years ago. She says she's always practiced the movement's central tenets — working and saving…