Category: Financial Decisions

• FIRE Number(s) and Timelines

  What is a FIRE number? One of the big discussions in the FIRE community (I read a lot of Reddit…) is what a person’s FIRE number is. This refers to the savings amount someone needs to achieve in order to be Financially Independent/Retire Early. The cool part about a FIRE number is that it’s personal…

  fwagler

  June 1, 2023

  Financial Decisions, financial goals, Financial Snapshot, FIRE Timeline, Uncategorized

  coastFIRE, early retirement with kids, Financial Decisions, FIRE, FIRE number, FIRE with kids, retire early

• Our Current Financial Position and Decisions

  Was having kids a financial decision for us? I was reading a post on a FIRE subreddit about how kids impact finances, and I noticed how people have such different perspectives on when is the best (financial) time to have kids.  The post asked how much money you had when you had your first kid,…

  fwagler

  May 20, 2023

  Big Life Events, Financial Decisions, Financial Snapshot

  Financial Decisions, financial goals, FIRE with kids, landlord, net worth, rental house, retire early, smith manoeuvre, when to have kids

• Introduction: Who Are We and What Are We About?

  Hi!  I’m Ms. 4kFIRE, a 35-year old working in Canadian academia who lives in Ontario with my husband and our four kids.  Mr. 4kFIRE and I are both passionate about personal finance and making our money work for us.  Our goal is to invest our money wisely now so that we can both stop working…

  fwagler

  May 8, 2023

  Financial Decisions, Uncategorized

  early retirement, early retirement with kids, financial goals, FIRE, FIRE with kids, net worth, retire early