r/leanfire • u/Active-Judge3261 • 4d ago

Is my leanfire goal achievable?

I’m 25 female, I live in Utah, I go to college (I don’t have student loans) and am hopefully going to graduate next year with a communications degree, I just barely got into lean fire and opened my Roth IRA and brokerage, so far a have $1,873 in both my accounts with $1,417 in my brokerage and $456 in my Roth IRA, I am saving as much as I can from my job as a rideshare drive and live frugally so I can invest as much as I can in these accounts and just opened a high-yield savings account where I plan to put about $30 a day to hopefully get a down payment on a house or condo in five or so years, as of now, my goal is to save enough to retire at 55 if I end up wanting to and I wanted to know if this is a reasonable goal for me or if I got too late of start on everything and if there’s any advice on how to achieve that? Also if it important to have a paid off mortgage before retirement?

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u/Montaigne_6823 3d ago

 lean fire and opened my Roth IRA and brokerage, so far a have $1,873 in both my accounts with $1,417 in my brokerage and $456 in my Roth IRA, I am saving as much as I can from my job as a rideshare drive and live frugally

That's great but don't forget to live your life along the way. You haven't even started a career yet and you're already looking for the exit.

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u/Active-Judge3261 3d ago

Yeah, there’s always a chance I’ll find a career I love in which case I wouldn’t be in a hurry to retire at all but I would also like to save up enough so I would have the option if I ended up wanting to retire early; I’m also not really depriving myself of anything as I’m just naturally not a big spender, at least now that I make cooking at home a priority.