I Saved Just Enough Money to Retire & Live on Cruise Ships (FIRE)
I saved enough money for my husband and me to live on cruise ships for the next 7 years — until I can begin withdrawing from my retirement funds. In this video I share how I did it: my FIRE inspiration and philosophy on saving, my financial roller coaster including depleting my savings during the Covid pandemic, my 5-year savings sprint, and my finite-horizon financial independence (FI) plan with actual numbers for my bridge to pension (money to fill the gap until retirement age). And FI specialist JL Collins, author of The Simple Path to Wealth, provides financial insights including the real scoop on Social Security benefits paying out retirement benefits in the future. Sections: Chapter 1: My FI Inspiration & Philosophy on Saving Chapter 2: My Financial Roller Coaster & Pandemic Reset Chapter 3: My 5-Year Savings Sprint Chapter 4: Living on Cruise Ships: Low Cost and High Joy Chapter 5: How I Saved $220,000 for my 7-Year Bridge to Pensions Chapter 6: JL Collins on the future of Social Security benefits for U.S. retireees ABOUT ME: I'm Libby — minimalist nomad since 2010, living full-time on cruise ships for the last 3 years with my husband. Our goal isn't luxury, it's freedom. No rent, no car, no utilities, no errands, no chores. No more 9-5! We found a way to live our dreams economically. Follow me for the costs, tips, and realities of life outside the box. 👉 See my full cruise ship lifestyle costs and budget breakdown here: https://youtu.be/JL1IBWFWw50?is=a1xkb6DQHO7ygwsk 👉 Hear about my radical path to extreme minimalism and a life of freedom and exploration: https://youtu.be/9EGqBGVOOPo?is=PKl6exTjr3uwCusq 👉 JL Collins’ Why Your House is a Terrible Investment: https://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/ 👉 Libby Rome’s Hotel Sweet Home: https://amzn.to/30nVvTA