Why We’ll Carry a Mortgage into FIRE

In the pursuit of financial independence, one has to have a clear and realistic budget. For many, housing costs are the biggest budget category. This is also the case for me and my family. Our home mortgage, property taxes, and home insurance make up about 35% of spending. That said, it’s worth considering ways to reduce costs in this budget category. And paying off the mortgage would definitely reduce costs – at a price. Continue reading “Why We’ll Carry a Mortgage into FIRE”

FIRE: How I stumbled onto early retirement

I’ve always been an independent person. I like to be in control. I very much prefer to drive when travelling by car. I question authority relentlessly. I want to do things my own way, not how someone tells me to do it. Thus, it’s not that surprising that early retirement resonated with me. Continue reading “FIRE: How I stumbled onto early retirement”