Hi dear reader!
Welcome to RetireInProgress, yet another a blog about Personal Finance, Financial Independence and Early Retirement! I’m Mr.RIP, an Italian software engineer living in Switzerland since 2012, and this is my blog about my journey to FIRE.
You’re very welcome 🙂
On this blog I plan to cover topics related to earning, spending, investing, housing, living, retiring (and more) in Italy/Switzerland. Yes, I know, there’s plenty of blogs about the same topics on the internet, but here’s a list of few (almost) unique things I hope to bring to the table:
- Switzerland (MustachianPost, I said almost unique!) and Italian specific aspects of FIRE.
- My unique point of view about the financial, ethical, and philosophical aspects of FI.
- My unique story, choices, experiences and values.
I assume almost everyone who happens to visit this blog knows what Financial Independence is. In case you don’t, well, there’s plenty of resources around, including this blog, that will teach you what it is and why you should aim at it. Here’s the Wikipedia definition, a very good one:
Financial independence is generally used to describe the state of having sufficient personal wealth to live, without having to work actively for basic necessities. For financially independent people, their assets generate income that is greater than their expenses.
Strictly related to Financial Independence is the concept of Early Retirement: stop working before socially acceptable. Yes, agree, the definition kinda sucks and it’s an intrinsic problem of today’s language and the lack of a better word than Retired to describe someone who takes a step back from mainstream employment and does what he/she wants. Retirement is considered to be something old people achieve. I’m not going to solve this linguistic issue here today!
The two concepts (FI and RE) are related. One may want to reach FI to escape wage slavery, i.e. to retire early. At the same time, one can retire (early or not) only if it’s financially sustainable.
So… why do I want to go there? I’ve always been a saver, a sober person, a frugal guy. I’ve always spent less than I earned. I’ve always had a lot of passions and not enough time left to spend on them after work. Then, at one point, I had my FI Epiphany and finally the big picture was revealed: not having to work means that I can really do what I love instead of just working. Bingo! Not that I don’t like my job… luckily it’s one of the best in the world! It’s just that I don’t see myself happy working without the desired flexibility, 40 hours per week, until age 65.
That’s why the blog name is RetireInProgress: I’m here to document my journey toward Early Retirement that will probably end once I reach Financial Independence. The blog’s headline shows a monthly updated progress bar that tells how close I am to my goal. It will obviously go up and down (ideally only up!) as my Net Worth and FU Number move.
Now, few facts about me, Mr.RIP:
- I’m a
39y040yo italian guy living in Switzerland since 2012.
- I dream about retiring before 45.
- I’m a well paid software engineer, working for a tech company that we’ll call Hooli.
I’m in a relationship since 2011 with Miss RIPI’m married with Mrs. RIP since March 2017, from Italy too, with no kids so far.
- My unsorted WIP Passions list contains: nature, sports, travels, reading, writing, theater acting, socializing, (board/video/role-playing/card) games, learning, science, teaching, sharing, efficiency, sustainability, happiness, freedom… Mix these ingredients for better recipes! E.g. a 7 day bike trip along a river with Miss RIP and a book (done! Donauradweg in 2013!)
- My unsorted WIP Things-That-Sucks list contains: cars, noises, cigarettes, pollution, consumerism, advertisements, authority, debts, lawyers, corruption, cheating, …
I can hear you loud and clear, skeptic reader: why start a blog? What do you want to achieve with this blog? Good question indeed! Here follows a list of reasons why I decided to start blogging:
- Learn about FIRE topics. I’ve been reading A LOT in last more-than-5 years and I think I know my game. Writing and being more present in the FIRE community will expose me to feedback and bring my challenge to next level.
- Share and improve my strategy toward FI.
- Share my philosophy and thoughts and compare them with others’.
- Strongly commit myself to my goals.
- Help others learning from my mistakes.
- Meet people similar to me. Where are you, buddies??
- Improve my writing skills and exploit my passion for writing. Writing is a thing I think I want to do a lot when retired. This is my playground!
- Become the European Mr. Money Mustache! Ok, joking. 😀
Dear reader, I hope you’ll find my blog useful and entertaining! If you have anything to tell me I’m more than happy to listen to you. 🙂
Some additional resources
Don’t know where to start? Take a look at the Binge Read page 🙂
Want to know more about my personal and financial story? Check it out!
Want to read a crazy but rich self interview? Check it out!