If you stumbled across by blog by chance, you may be wondering what is "FIRE" that I keep referencing.
F.I.R.E stands for Financial Independence Retire Early and is a movement that focuses on a goal rather than a specific way to achieve the goal. I came upon this from the old Dave Ramsey/TMMO forums, where people occasionally mentioned enjoying Mr. Money Moustache. I checked out Mr. Money Moustache's blog and was blown away.
Prior to his blog, I was feeling like we were moving financially in the right direction, but it would be a long haul and we were decades away from slowing down. After reading his blog, I realized there were other options. I could change my financial picture and put us in a situation where we could drastically change what our lives look like in 10 years.
For us, we want to slow down. We may not actually retire fully, but most following this movement don't intend to save 25x their annual expenses and then sit on a beach until they die. The goal is to put yourself in the financial situation where you can pursue the things you enjoy and not be trapped by bills/lack of savings/upcoming unplanned expenses.
We have set a goal of FIRE by 2025. For us, we need to be 100% debt free (including our house) and have significant funds in both our 401ks, 529 and outside investments. It is a stretch goal, but