Michelle Ives and her husband have scrimped and saved to invest $500,000 towards their dream of retiring in their 30s. But you don’t need an enormous salary to FIRE.
At just 19, Kate Campbell plans to save $1 million over the next 20 years and retire on $40,000 a year, all thanks to the early retirement movement.
From “Retire early and do what?” to “We were on board before it was cool!”, our April cover story on early retirement has got people talking.
Bindi and her husband want to retire early – the sooner the better – to spend time with their young children, but they want an annual income of $140,000.
They don’t stress about impressing people with material possessions, buying the latest gadgets, or keeping up with any Joneses. Meet the Frugalwoods.
James Lee hasn’t shared his financial situation – or early retirement goal – with friends, but he has told 37,000 strangers on the Mr Money Mustache forum, writes Sharyn McCowen.
The April issue of Money is on sale now. From the early retirement moving setting Australians on FIRE to a co-ownership and the housing affordability crisis, here’s what you can expect.
I challenged myself to feed my family of three on less than $50 a week, and saved more than $5200 over the course of a year.