To tell you a story about where we are in our FIRE journey and when we expect this all to happen, it first makes sense to lay the groundwork for where we’ve been. The Dark Ages (Before Dave Ramsey) When I graduated college in 1998, I had $26,000 in student Read more…
What is the epic adventure we are embarking on when we share the onFIREfamily story? The Inspiration Our vision and plan for what to do with a sabbatical, a mini-retirement, a gap year (whatever you want to call it) came out over a dinner conversation with friends. Over dinner, our Read more…
What is FIRE? FIRE is simply an acronym that stands for Financial Independence, Retire Early. It’s a broad movement that was ignited by concepts outlined in the 1992 book “Your Money or Your Life” written by Vicki Robin and Joe Dominguez. The ideas became popular with the millennial generation who Read more…
This plan represents the next step in our financial and family journey. It is a continuation of many years of preparation (mostly not knowing what we were preparing for). In 2019, we became aware of a grand adventure called America’s Great Loop, a 6,000 mile boat trip that circumnavigates the Read more…
What does “Retire Early” mean to us? My boss’ boss retired last year. At his “there’s free cake in the conference room” retirement celebration, I asked him what he had planned. His response surprised me. “I don’t really have anything planned. I’m just going to be open to what the universe Read more…
What does financial independence actually mean? Definitions a state in which an individual or household has sufficient wealth to live on without having to depend on income from some form of employment Wikipedia (source) From Miriam Webster: financial: relating to finance – finances plural: money or other liquid resources of Read more…
Our Debt Free Story In 2005 we had an epiphany. As a young married couple, we woke up and found ourselves deeply in debt. We had two car loans, a student loan, revolving credit card debt, and a home equity loan. In total it saddled us with a $75,000 burden Read more…
