Like a marksman waits till the right moment to make his kill, so too does the Gentleman for FIRE.
Where am I now? Thinking that a cool graphic would look good right now. Something like this – who cares what Stuern actually means? It’s a nice graphic – just like this better one. 🙂
But hey, right now I’m just getting ready, building the funds and developing the Cashflow / Dividends that I’ll need to survive Early Retirement.
In terms of Ready, I’m about 85% of the way there financially but that maybe oversells our preparedness. Much more is needed.
One major focus is on building up a reliable dividend base. That mean:
- buy dividend producing ETFs
- sell high fee or non-div assets
- invest wisely from a tax point of view
- reduce spending in time to match dividend payments
The Aim part is thinking about what we’ll do as a family, where will we go, what do we need (or not need) and what we’ll do on a Wednesday afternoon when it’s raining).
FIRE is pulling the trigger, but we’ve got to be prepared and focused when it comes to that point.
Thanks,
GFF
I am a long way from it myself, about half way there at best. Good hunting!
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Still in ready stage but we had a chat at home about the aim stage – apparently renting our home to summer language students is not a preferred idea. 😀
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