this post was submitted on 27 Nov 2023
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FIRE (Financial Independence Retire Early)
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Welcome!
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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Wife is pregnant for the first time (very early, so we’re still in the ‘fingers crossed’ stage). Definitely not ready to tell family/friends, but exciting times nonetheless!
We’re slightly older than most new parents and have been down the FIRE path for a while so we’re financially prepared, which is nice. Definitely grateful for the financial security.
Now I get to look in to 529 plans for the first time. Not thrilled that I have to use one of the ones run by the state to get the state tax benefit. Didn’t want to have to manage a separate account from my brokerage/IRA. Oh well!
Congratulations, fellow older parent here.