In this episode, we break down exactly how much you need to retire early. What is ‘enough’? We explore the famous 4% rule, where it came from, and whether it’s still a reliable rule of thumb. We also explain how to live off your assets in practice, other considerations like
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One Reader’s Remarkable Journey Towards FIRE
Many stories of those pursuing financial independence come from people who have always been pretty good with money. This can lead newbies to assume that the FIRE movement is only open to a select few financial wizards. But this is not the case at all! And that’s why I’m so
Continue readingPodcast: Asset Allocation For Aussies Pursuing Financial Independence
In today’s episode, we discuss how to approach asset allocation in Australia when your goal is Financial Independence. We explain why asset allocation matters and how it affects our ability to create passive income, retire early (and stay retired!) for a long period of time. How much should we invest
Continue readingPodcast: Superannuation and Early Retirement
Listen to the show: (or download the mp3 file here) How do you approach super when you want to retire early? Should you include it in your plans? How do we invest it? We cover this and so much more in today’s episode! Discussion points: What exactly is
Continue readingA Guide to Investing in International Index Funds
Most readers know that I added an international index fund to our personal investment portfolio. Ever since then, I’ve been meaning to write this post. Because let me tell you, there’s no shortage of options to choose from! Too much choice often leads to overwhelm, which is really unhelpful when
Continue readingPodcast: Why Invest in Index Funds?
Listen to the episode: (or download the mp3 file) This week we’re exploring the topic of index funds. They get recommended a lot in the FI community as one of the best ways to invest for financial independence. But why? What’s so special about index funds? Why do index funds
Continue readingBest Paying Jobs in Australia Without A Degree
I’ve long asserted that you can earn a good income in Australia without a degree. As most of you know, I didn’t finish school, let alone go to university. Despite this, I earned a healthy income ($75,000 on average) as a storeman/forklift operator. And this was enough that I could
Continue readingPearler: Easy, Automated & Low Cost Share Investing (An Interview with Pearler’s Co-Founder)
Pearler is a low cost online broker that I’ve been using for most of this year. It has been purpose-built for the FI community and they have some pretty cool features, which we’ll get to in a minute. You might have heard of Pearler before. Or maybe you haven’t. Either
Continue readingHow We Manage Our Money Each Month, Explained!
Each time I publish a portfolio update, there is often a small amount of confusion in the comments. You might have noticed this too. The question goes: “How are you able to be ‘retired’ if your passive income from investments is less than your spending?” “Doesn’t this mean you’re forced
Continue readingPodcast: Spending, Happiness and FIRE
Listen to the show: (download the mp3 file here) In this episode, we dive deep into how spending, happiness and FIRE are all inter-related (and not in the way you might think). When we understand the connection between these three things, lifestyle changes are easier, saving becomes effortless, and
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