Michael discusses financial independence in an Irish context. Join him as he shares stories of his own journey towards financial independence, interviews others on FIRE related topics and tries to work out the best path to early retirement in Ireland.
Episodes
Monday Feb 14, 2022
Monday Feb 14, 2022
In this episode Michael discusses the three phases for FI. Michael shares how he is currently at a full throttle FIRE stage, where he is looking to maximise his income potential.
He mentions that working hard for a full months can be worth it, if it helps you move along quickly in your FI journey, or helps to secure another significant asset, such as an investment property.
He mentions concept of the semi-retirement phase, where we look to cut back on making portfolio contributions and enjoy more time freedom. He mentions the concept of Flamingo FIRE.
He also discusses strategies in relation to inflation, and strategies to help dealing with high inflation.
Show Notes
CPI Calculation:
https://www.cso.ie/en/interactivezone/visualisationtools/cpiinflationcalculator
Flamingo FIRE:
https://www.moneyflamingo.com
Sign up for the newsletter:
https://www.firepodcast.ie/newsletter
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.