August 2016 Freedom Fund Update: 6.3% in Market Gains

Mr. Enchumbao

I work for a large investment management company helping people save for traditional retirement. During my spare time, I help others save for financial independence and early retirement by writing for Enchumbao. My journey to FI began in 2012. I was in a lot of debt back then, but I turned things around and became debt free a few years later. My wife and I reached financial independence in 2017 and are preparing to retire by 2020.

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2 Responses

  1. Wow! This is awesome! Congrats on reaching another milestone! It’s so motivating to follow graphs of your progress, isn’t it?
    I also love that you guys explained how you will convert your non-retirement assets. That was a question we struggled to find an answer to in this world of very late retirements. As a result we did what you are doing now- built up the non-retirement fund to avoid early penalties and fees, because who likes those, right?
    Great work and keep it up!

    • Hi! Thank you. It sure is motivating and I like that the blog provides me with a reason to track the progress via different charts. Yes, we gotta do our best to avoid those fees!!! It’s amazing how little people know about the loop holes available. I found out about it a few years ago as well. Thanks for dropping by!

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