New ask Hacker News story: Ask HN: Decade-long plan to FIRE starting just under age 40?
Ask HN: Decade-long plan to FIRE starting just under age 40?
6 by ccajas | 4 comments on Hacker News.
I'm trying to get some idea at how old is usually the target for financial independence and how much does it actually depend on your current age if you haven't started your investments yet. Currently I'm 38yo, out of work and my net worth is just under $1k. So I know the first step is simply to get employed for stable income- I don't have the mindset to run a business. I also don't know many people in high or low places- I like to keep to myself whatever chance I get. But regardless, is a 10 year plan from zero to FIRE feasible? Can people still FIRE under 50 if they started their financial plan just before 40?
6 by ccajas | 4 comments on Hacker News.
I'm trying to get some idea at how old is usually the target for financial independence and how much does it actually depend on your current age if you haven't started your investments yet. Currently I'm 38yo, out of work and my net worth is just under $1k. So I know the first step is simply to get employed for stable income- I don't have the mindset to run a business. I also don't know many people in high or low places- I like to keep to myself whatever chance I get. But regardless, is a 10 year plan from zero to FIRE feasible? Can people still FIRE under 50 if they started their financial plan just before 40?
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