Hi all,
Can't wait to hear your advice! Quick snapshot, my husband and I are working towards FI and started wading in last year. In November, I paid off my car loan early, in February we refinanced our mortgage (and got rid of PMI) on our 700 sq ft home in VT, and I paid off my student loans 5 (!) years early last month. This has saved me about $500 a month and I'm already investing about $760 per month towards retirement. I'm maxing out the employer match and I have my Roth IRA deposits set to max out my contribution. What should I be doing to invest next? Open another retirement account, build up a larger emergency fund, add more to my 403b? I only make about $45k a year and I'd like to retire ASAP, as of now, I know that it will still realistically be 12-15 years before I can draw down 4% and retire. Are there folks who have been in my position or have reached FI and have advice? THANK YOU SO MUCH!
Talk soon,
Stephanie
P.S. I've started a website about our journey with FIRE. I won't shamelessly plug it here but would love to share more with you all about it and learn from others who are blogging etc.