FI/RE Diaries: A 24 year old registered nurse living in Alberta, Canada and FIRE-ing in 11 years with $1.2M CAD
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Occupation: Registered Nurse in acute care
Industry: Healthcare
Location: Alberta, Canada
Age: 24
Salary: $40/hr (~$83k/yr)
FI/RE Number: $1.2 M
Years Until FI/RE: 11 years
Current financial situation: SINK with $30k in low interest student loans
Ethnicity: Asian/Pacific Islander
How did you first hear about FI/RE?
Why do you want to reach Financial Independence/Retire Early?
To ensure future opportunities and safety/security for myself, my family and friends is important
What does FI/RE mean to you?
Appreciating what you have for the hard work you’ve done while recognizing the lifestyle itself is a privilege. Sharing the wealth is a bonus!
What types of big expenses does your FI number include?
Future down payments for myself and hopefully parents/siblings
How much do you spend per month? Save per month?
Expenses < $2k
What is your % savings rate?
55-60% after taxes
Are you doing anything to achieve FI/RE faster? If yes, what?
Considering starting a small business (not sure what) or real estate, looking into additional certifications in nursing (can increase your pay depending on your union contract), clothing/furniture/tech resale.
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