Work Freedom Day 2014 – somewhere over the Atlantic Ocean

Somewhere over the North Atlantic Ocean November 21st marked my Work Freedom Day so I’m celebrating this week! This date is when my dividend income covers the rest of my expenses for the year! The fact that the day occurs at the end of the year means that I still have a lot of work to do to move the date forward to the first of January!

In reality, I’m not planning to retire any time soon and all dividend income I’ve earned has been re-invested back into my portfolio. However it’s a very tangible milestone and definitely a nice feeling to know when my dividend income is taking over my work income so that I don’t have to.

I made a simple calculator which calculates this date – you just need your expected dividend income and your yearly expenses and it’ll calculate your date.

I have another reason to celebrate because the date coincided with our trip back to the UK to visit my parents over Thanksgiving. It’s great to be back in the UK, if only for a week. I took the photo for this post as we were flying home – it’s a night-flight so this was the beginning of a sun-rise.

Quote of the day

Workin’ 9 to 5, what a way to make a livin’

18 thoughts on “Work Freedom Day 2014 – somewhere over the Atlantic Ocean”

    1. Hi Bert,

      Thanks! That’s a good question – actually I hadn’t calculated last year’s date as I only thought of it this year, so I went back to last year’s records and it would have been December 3rd. I had $4,299 of dividend income last year with a monthly budget of $4,710.

      This year my dividend income is higher and my monthly budget is lower so together that brought the date 12 days forward.

      Best wishes,

  1. Congrats and enjoy the ride for the rest of the year 🙂
    Hope you will be able to bring this date much closer to new years.

    Best wishes

    1. Hi R2R,

      Thanks for the support! I hope so too and I’m working on a newer budget for next year which will also help reel in the date along with additional investments.

      Best wishes,

    1. Hi DM,

      Thanks for your support 🙂 I hope to pull the date into October next year – I’m reviewing my budget again as reducing spending is the easiest way to move the needle.

      Best wishes and congrats on your recent engagement!

  2. DL,

    The end of November sounds late, but it also means you’re already able to support yourself 1/12th of the entire year! To me that sounds fantastic. Can’t wait to say the same.

    Best wishes,

    1. Hi DL,

      Yes I was initially a little disappointed when I first did the calculations and it showed a date in November, but like most things in life it’s “Better Late Than Never”. The fact that you’ve started out on a road to financial independence at 25 already is awesome and I wish I’d had similar wisdom 15 years ago.

      Nice purchase on the video card by the way – I broke down and bought Dragon Age Inquisition this month, though my spending on computing these days is a fraction of what it used to be.

      Best wishes,

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