The Sprint to FI

A Milestone Day

Today (this was originally drafted on 2/6) was an interesting milestone day.  The funny thing is, the milestone was passed sometime last month.  We have just passed the $750k mark in retirement savings.  Wow!

We have talked about this today and we are both sort of amazed that we have come to this point.  It does not seem that long ago that we were laboring under a completely different set of circumstances.  And now we have $750k in assets and no debt. Logically, we knew this would happen but emotionally, this feels amazing.  When I say it out loud I have a sense of unrealness and at the same time, elation.

So what does this mean?

The first thing this means, and I can’t stress this enough; is that the system works!  Who knew that spending less than you earn, and having a plan would work? Radical, I know, but here we are.   When we put the initial investment plan together back in 2016, other people online had done this of course, but to us, it was theoretical.  We worked the plan and kept our heads down.  $500k came and went; we were amazed and happy, but we kept going.  And that brings us to today.

This means we have a measure of security now.  If we both lost our jobs, the $750k would be sufficient to live on.  We are effectively (very) lean FI or BaristaFI, and that is a good place to be.  We hit a milestone a while back and only figured that out today. It’s a good day 🙂

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