It’s amazing how our priorities can change in such a short amount of time. In 2016 we were blessed with our first child, Abel and, almost immediately, we knew our career goals and priorities were shifting.
What are your financial goals? Wait, let me back up... do you have financial goals?
I'm not sure about you, but mine don't include retiring at 65 (or 70 suggested by this article), watching The Price is Right every day, and wearing out a recliner. There's far too much life to live, passions to pursue, places to see, and time to spend with family to be working for a paycheck for the next 30-40 years.
The solution: Financial Independence & Retire Early (FIRE)
Financial Independence (FI): Creating enough passive income that you no longer have to rely on your normal W-2 job. Many times this leads to the pursuit of other passions.
Early Retirement: Creating enough passive income to have the ablilty to stop working and enter retirement in a more traditional sense, just at a much younger age.
So what do these options offer you? Freedom.