Why has she remained anonymous? I s this a real life story??

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I have a very similar story - left my husband in 1990 with four children 8 and under, bought a house in '96 while on a pension and working part time and put myself through Uni (started at the ripe old age of 41) to become a teacher. With careful investing (mainly in property) and being forever frugal, I too retired early at 58. I did go back to work part time though for a short while and am now just doing occasional relief teaching as I enjoy it.

I love seeing inspirational stories like this and hope it encourages others in the OP's and my start to FIRE.

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Hi Alexandra,

Some people prefer their anonymity. Whilst i haven't actually met Frogdancer Jones, a few years ago we were part of the same investment community. I have read her story elsewhere. Yes she is real and her achievements in life remarkable.

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Thank you for this inspiring post. I love hearing other people's stories. Keeps me inspired to keep on track in this materialistic world.

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Can you provide some advice on available properties within 10km of a CBD that we could cover the mortgage repayments with $18k p/a income by the age of 47? I'm sure if we all had access to these, then 30 years later we could also sell to a developer, move further out of town and retire by 57!

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Personally I think it's a mind set you can retire when you want to just do the numbers

How much do we need to support our life style ?

If you're invested in quality assets that appreciate and give reasonable returns you should be able to retire

A personal favourite of mine is a take away coffee a day times 5 days =$20 a week times over a year is almost $1000 investment this it's all relevant

It's up to your choice

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The key is to get into your own home early in life. Renting is a never ending spiral to poverty; most divorced women end up homeless and hated by their children in spite of all the struggles they have gone through. It is unfair! But her "You have to be able to see the value in delaying gratification" was the linchpin. Self sacrifice is now seen as another evil Christian 'rule'; $2,000 mobile phones or a $200 one from the supermarket? Such is the key to success.

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Genuine question. Can she disclose whether she was getting child support from her husband till the kids were 18 years old

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She has mentioned that her ex-husband would take cash jobs so he didn't have to pay child support.

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Why is it that most people think the F in 'FIRE' stands for Frugality? I'm starting to think this whole article is BS. You go to the trouble of being anonymous, but don't provide specifics, not only in terms of dollars, but also how to live cheaply. You're anonymous so why not provide more info? Like mentioned above, did they receive Child Support... most likely! If she was saving so much why wasn't the house paid off earlier? As you can't tell me she saved enough in 8 years to fund retirement. I suspect there is more to the story, such as the big cash injection of selling property that has provided the main source of retirement funds, and has nothing to do with FIRE at all, especially on the salary of a teacher

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Sorry I couldn't find anything about child support. Which part are you referring to?

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Frogdancer has written in about it on her blog.

"We existed on what was called back then the 'Sole Parents' Pension' of around 18K/year, plus intermittent child support when the Child Support agency would catch up with my ex."

https://burningdesireforfire.com/what-has-my-second-gen-fire-child-learned-about-money/

"Child support was erratic in those days. Money was tight."

https://burningdesireforfire.com/poverty-leaves-a-mark/

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You ought to check your facts before throwing comments around about this article being bullshit. As others have said, this is a genuine story by someone who has been blogging for some time and has explained how she did it. Her website is available along with blogs going back for the last few years.

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Well , you cannot trust everything that you read on the internet. There are so many stories where the ex wife takes most of the husband's savings, super and the the husband pays child support as well and then the wife claims to have made it on her own.

I am not distrusting her. She could be one of those genuine ones who hustled and made it

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Centrelink + Child support + most of ex husbands savings + his super = financially independent

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"You cannot trust everything that you read on the internet."

Well said from the man who throws around baseless claims about women.

I only hope everyone who reads your bitter comments keeps this in mind.

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She said in the article that she walked away with $60.

She posted on her blog that child support was erratic at best.

Get out of here with your misogynistic victim mentality.

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Based on the article above, I'm still calling it BS. There is so much more to this story that should be in the article, I should not have to refer to her blogs. It's not FIRE, it's Frugality and the luck of a great property deal

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I think it is misleading. It was hard to find but apparently she bought a house in a fancy suburb in 1996, and sold it 2013(?). Then bought 16km out. So she had a lot of equity. The whole story is buy property before a boom and sell it years after. Buy cheap and invest the diff then live very cheaply on the dividends. Not much of a story and pretty much useless advice if you don't already own a joint in a fancy suburb or have a big hunk of cash to invest.

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It's not misleading just because you may not be able to use this particular strategy. Or do you critique all financial advice based solely on whether or not it applies to yourl ife?

She did exactly what society tells younger people to do - she bought property further out of the CBD, where she could afford it.

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