Early Financial Freedom An Engineers Road To Early Retirement

Engineering Management Institute Early Financial Freedom: An Engineer’s Road to Early Retirement the help of the All Mighty, what we've achieved are the direct results of getting objectives, willpower, hard work, and lots and many planning. In addition, our son is one of the primary driving forces for our financial success. After marriage, my spouse and I started serious about methods to establish a home-based firm so that in time, as she received pregnant she might do business from home. That led to establishing our IT/Web consulting firm in August 2003. When our son was about 1-12 months-old in 2006, we wanted to supply him with a backyard and a roomier place and a decent elementary school expertise, so we decided to purchase a home within the suburbs of New York, namely Long Island. We determined to journey all over the U.S and overseas. We decided to visit my family in Turkey at least once a year as well, so he may get the expertise of touring but additionally the warmth of his extended family as properly. After I joined our company full-time, our eyes were opened to the pos sibility of location impartial living and we plan to start out residing overseas beginning mid-2013, joining our passion, for family, journey and good food. Advantages and Disadvantages of Self-Employment is a subject unto itself. I blogged about it here, so if you're excited about it, you could have a look. Nonetheless, I wish to point out a number of cardinal monetary guidelines that we observe in our enterprise: Some of you might be wondering about how we handle our monetary/retirement technique. I am the one who handles our business & personal funds and I am a DIY particular person so far as monetary issues are concerned. I do seek skilled assist to understand our finances better but don’t overlook that it is you who must make the ultimate monetary decisions at the finish of the day. To achieve monetary freedom and wealth, how you invest isn’t nearly as necessary as how a lot you save.One last item, nobody cares more about your wealth than you do. I hope this publish inspire s you to comply with all of your goals in your engineering career! Filed Under: Career Goals and Challenges, Job Search/Salary/Relocation, Personal Development and Professionalism Tagged With: early retirement for engineers