FI/RE Diaries: A speech language pathologist living in Los Angeles, CA and FI/RE-ing in 15 years with $1.5M
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Occupation: I'm a Speech Language Pathologist working in special education. I also have a part time job doing speech therapy.
Industry: Education
Location: Los Angeles, CA
Salary: $107k/year
FI/RE Number: $1.5M
Years Until FI/RE: 15-20 depending on extra income/investments
Current financial situation: SINK, paying off mortgage
Ethnicity: Asian/Pacific Islander
How did you first hear about FI/RE?
Instagram!
Why do you want to reach Financial Independence/Retire Early?
When I was diagnosed with Rheumatoid Arthritis I was scared of "What ifs" if it progressed to affect my ability to work. While it's very well managed now, I want to know I'll be safe financially. Now my focus for FI is to be work optional to be able to have a flexible work schedule to spend more time with family and to travel or just do whatever I feel like doing!
What does FI/RE mean to you?
I think my life would be pretty similar but I would have less work, more sleep, and less stress. More time to live and enjoy the moment and again, more time with family and friends.
How much do you spend per month? Save per month?
Spend $3,700/month, Invest $2,125/month
What is your % savings rate?
My income fluctuates but approximately 20-25%
Are you doing anything to achieve FI/RE faster?
Working part time on top of my full time job
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