Korrigeringar

F.I.R.E.

• Which is the age of a retirement in your country?

• In mine it’s 60 for women and 65 for man.

• Some years ago, it was increased for 5 years. It’s madness!

• The average age of living in Russia is 73 years.

• Man, as usual live less, did more heavy work, but goes retirement later, strange, indeed.

• Anyway, from any side it’s very late for both man and women.

• But I guess not much enough.

• If there is a movement in the world called F.I.R.E.

• The main idea is saving and investing most of your incomes – not just 10-15% of it, but 50-75 %.

• So, if you will follow advice of financial consultants and safe just 10-15% of your incomes, then to provide one year of living without job you will need 7-10 years!

• The other strategy will help to decrease this numbers to 4 months of work for 1 years of living.

• But most people can’t, not just live within one’s means and even more so to save of 75% of their incomes.

• Of course, the new branded shoes, iPhone and coffee to go in the morning are things of essentials...

• I’ve always was thrifty and saved a lot.

• Not within the framework of any movement, just intuitively.

• It doesn’t mean I starved, walked around in torn clothes, never travelled. Not at all!

• It’s just about other things, like expensive clothes, hotels of 5 stars, restaurants, taxi and lots of other unnecessary spending.

• I wish you always stay independent and happy!