What’s the magic number to retire? Is it 1 million, 1.8 million, or something else? A path to FIRE (financial independence retire early)…
Oahu, Hawaii Benjamin Franklin: “An investment in knowledge pays the best interest.” In our early thirties, my wife and I decided to get off the rat race, away from the hustle and bustle of New York City, for land of paradise that is Hawaii . We envisioned living a slower pace of life, content with living close to nature and that beautiful Pacific Ocean surrounding the island. We thought about drinking Pina Coladas or Mai Tais , while watching jaw dropping sunsets in the land where palm trees sway. We honestly thought that would be enough. We were tired physically and mentally, from working and living in a “ city that never sleeps ”, that is New York City. For the first year of our life in Hawaii, we actually thought we could live simply, without much care in the world, and live with less, much less. We were making minimum wage working in retail/transportation industries but our expenses were low, as we forgo a car and we paid most things with cash....