From the weekend reading, I learned about a few awesome blogs on the topic of (very) early retirement. There seem to be several folks out there making a go of living financially independent lives in their 30s. They generally have a few things in common:
- A high-paying job in their 20s (e.g. software engineer), usually in concert with a high-paid spouse.
- True dedication to savings – most are socking away 50-70% of income during working years. Experiences vary on how to achieve this – some are more ascetic than others.
- Good financial sense – just solid practices, such as maxing out retirement savings, sticking with cheap index funds, etc. Nothing particularly fancy, though some pretty sweet tax planning to be found.
In any case, here are the 3 new blogs on my list. I’ve already picked up a few tips to save on my taxes, so worth every penny of reading!
- Go Curry Cracker – a couple doing the early retirement thing in Mexico/US. Great transparency on their finances/expenses for how to make things work.
- Mad Fientist – brilliant resource for tax planning.
- Jim Collins – a resource for investing basics, particularly stock investing.