Investment Accounts Needed for Financial Independence | FIRE in Less Than 10 Years

CORRECTION NOTE: The 2019 contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is i$19,000. The 2020 contribution limit will be increased to $19,500. In this video we noted that it is $19,500.

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Our Rich Journey - Investment Accounts Needed for Financial Independence | FIRE in Less Than 10 Years: After reaching FIRE (financial independence retire early), we both quit our jobs, retired, and moved our family of four to Lisbon, Portugal. We reached FIRE before 40 and in less than ten years, but in doing so, we had to be strategic about the investment accounts we invested in and the order in which we invested in them. By being strategic about our investments, we were able to reach FIRE in less than ten years. In this video, we discuss the specific accounts that we invested in and the order that we invested in those accounts to reach financial independence. We detail the accounts that we fully invested in first, second, third, and so on and we share why the specific order that we choose was crucial to our financial independence journey. Thanks for watching!

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