After thinking about my retirement plan some more , I started to look around the internet and found some interesting websites. One of them was Mr money mustache
It’s a blog and community on reaching your retirement, i.e. being financially independent as soon as possible. Well that’s interesting. Started with the first series of blog posts and got a bit carried away reading. And thinking, what if this actually works. What if I can generate nough passive income to work a day or two less. Finally I’ll be able to train more, run more races and even do some more travelling.
Ok ok hold on, not so fast. The basic idea is to consume much less, and cut your montly cost base. But hey I like consuming. Maybe I don’t buy as much unnecessary crap as most people, but I do enjoy a good restaurant, night out and a bit of luxury now and then.
I continued reading and found more interesting info. It is possible to reach financial independence between 5 and 7 years. That’s very fast indeed.
I already started but with a much longer time frame in mind, what if this is possible for me. I think I am going to crunch the numbers a bit more.