LateFIRE Chapter 4: A Tale of Two Houses, a 26-Bag, and $1.7M

Lin Financial Freedom 25 Comments

When you start late on the path to FI, there is URGENCY. There is no margin to make missteps. There is no multi-decade runway to recover from market turbulence, so “time in the market” trumping “timing the market” takes on a different nuance. Ask a person on the cusp on retirement in 2000, or 2008, what happened to that retirement fund left in a stock market account. Hence, I need to choose my steps carefully. I am in my mid-50s; my husband is 61. However, we also need to take swift and probably dramatic action to catch up and provide for the years ahead. Here is where we are. Any constructive thoughts you, GYFG reader, might offer to help, are …

LateFIRE 2019 Goals

Lin Goal Setting Leave a Comment

What a year this has been! Thanks for the memories, 2018; it was another continuous 12-month adventure with so many things learned, both outside and inside myself. Looking ahead to 2019, I am excited. I have been thinking about this for months, and like Dom, have already started my actions towards these goals. Why wait? My plans and goals strategize four categories: Health, Finances, Business, and Personal Development. Health S-goals: stronger, smaller, sweatier, sleepier, sippier. My mom has Alzheimer’s Disease, which is one of the reasons I take my health seriously. I want to take any and all steps to reduce own my risks for developing AD. To that end, I am focusing on improving these five factors of health. …

LateFIRE Chapter Three: The Price of Mental Illness and Addiction

Lin Words To Live By 4 Comments

Catchy title, that…nothing like mental illness and addiction to make you feel all warm and fuzzy inside, right? Yeah, well. This is not the post I was going to write. I wanted to write about pensions, Social Security, and money tied up in our home’s equity. However, my husband and I recently went to the movies and saw Beautiful Boy, with Steve Carrell. It is the story of a father’s desperate journey to save a son from his own drug addictions. I don’t really know why my husband wanted to see it; it was a brutal movie to watch. Yes, it was an “important movie,” and it was well written, acted, directed. Realistic, yes. Too real, actually, for my taste. …

LateFIRE Chapter 2: Mind the GAP and KISS Me

Lin Words To Live By 2 Comments

Hi again! Welcome to stop #2 on my LateFIRE journey. This is the post wherein are contained steps 1 – 10, optimally prioritized for a meteoric rise to financial independence, achievable – despite starting three decades late – at sound-barrier-busting speed via silver bullets, magical strategic mistake-proof moves of unmitigated brilliance, and pixie dust. Do this and become a gazillionaire just like me, overnight! Easy! So excited to share! Um…yeah…about that… Although I wish it could be different (because I just love a good dose of silver bullets and pixie dust sprinkles), I am just fresh outta magic. Darn it all. Refresher: I looked up one day, dearly beloved, many years into this thing called life [PRINCE: yes always] and …