FI/RE Diaries: An archeologist living in Stockholm and FIRE-ing in 10-15 years with $288k

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Occupation: Archaeologist working on a PhD

Industry: Academia

Location: Stockholm, Sweden

Salary: 276k SEK (~$33k USD)

FI/RE Number: $288k

Years Until FI/RE: 10-15 years

Current financial situation: SINK with a student loan

Ethnicity: Hispanic/Latinx

How did you first hear about FI/RE?

In 2017, I was working on as a banker and a client told me about FI/RE.

Why do you want to reach Financial Independence/Retire Early?

Freedom!!

What does FI/RE mean to you?

It means that I’ll be free to be picky about which projects I will take part in.

What types of big expenses does your FI number include?

A down payment for house hacking.

How much do you spend per month? Save per month?

Spend $800 and save about $1,000

What is your % savings rate?

Last year it was 28% after taxes

Are you doing anything to achieve FI/RE faster? If yes, what?

Learning GIS

Any advice you'd give to someone who has a similar FI/RE lifestyle as you, especially if it seemed hard or unattainable?

Take advantage of all student discounts, especially if subsidized housing is available.


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