From Miss Mazuma …
So much can happen on the journey to FI. In your 20’s you may not be in a long-term relationship yet. Your friends are most likely going out and partying and spending a shit ton of money on ridiculous luxuries that will be obsolete from their lives within months or a few years.
If you’re in your 30’s, marriage, kids, home ownership (if you’re into that sort of thing) is just on the horizon. Those are MAJOR life changes and our financial goals change with all of them.
If you are in your 40’s, sorry to say, divorce is a factor for many of you. If not that, keep an eye on your health. Again, more huge money-life changes. And it is best to expect the unexpected. And after sharing plenty of raw and gruesome shit along the way, I am happy to make myself an example. Here’s a timeline of my money wins (in green) and losses (in red).