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Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.
This offering of Grand Rounds looks at articles from around the web that deal with financial independence/retire early (FIRE)
It is amazing how certain decisions in your life could alter your trajectory in ways you cannot imagine.
I’ve had my share of bad decisions, most notably agreeing to an arranged marriage to appease my mom’s wishes.
But I’ve made some good ones as well.
Accidental FIRE shares some of his decisions that set him on the path to FIRE in, “Good Decisions Create Unintended Outcomes.”
You cannot blame people for believing that the only reason you want to FIRE is because you hate your job.
It is completely understandable as most people who are miserable at work would love nothing more than to be able to retire early.
But FIRE is not just for this particular subset.
Physician on FIRE explains further in, “Love Your Job? Why You Should Still Pursue Financial Independence.”
Having enough money to no longer need to work is the primary goal of obtaining FIRE.
The layperson therefore may feel that a person who has achieved FIRE is rich.
But does achieving FIRE automatically equate to being rich?
Semi-Retired MD ponders about this in, “What Does it Mean to be Rich?”
Still not feeling rich?
Well perhaps another measuring stick is in order to make you feel better.
The Darwinian Doctor presents a novel way to determine how you stack amongst your peers in, “The sushi wealth test.”
It is great to set goals and dream of the day when you achieve them.
Achieving FIRE and retiring early may have you daydreaming about visiting exotic locales and laying on the beach all day.
Unfortunately reality and dreams do not often line up, and you may find yourself disappointed.
The White Coat Investor shares some pitfalls in, “Early Retirement and the Likelihood of Regret.”
Hope you enjoyed the reading material.
Have a great rest of the week.
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Even a steadfast DIY’er can sometimes gain benefit from the occasional professional input.
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