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