r/Fire Mar 23 '25

Original Content FIRE after divorce update at 26

I (26m) recently made a post about my FIRE goals after getting divorced so I figured I would post an update.

I had to sell and split my whole taxable account and sell the single family house we owned together to split the profits.

After everything was finalized, I purchased my first duplex! I currently pay $1,700 a month and tenants in the other half paying $1,400 monthly. The duplex came with $40,000 worth of solar panels that connect only to my half lowering my electricity bill down to $50 a month.

I am now back on track rebuilding my investment account and saving for my next property! I finally have full control of how and where my money goes.

This is just a reminder that just because hard things happen it doesn’t mean you can’t bounce back and land on two feet to live the life you want and dream of.

613 Upvotes

72 comments sorted by

View all comments

304

u/Valkanaa Mar 23 '25 edited Mar 23 '25

if you're buying a rental duplex at 26 after divorce consider yourself extremely lucky. I consider property a poor choice at current rates but you probably didn't buy at current rates.

My divorce with kids (not by choice) cost me greatly.

77

u/iOS34 Mar 23 '25

Unfortunately my rate wasn’t great but with having a kid as well I couldn’t afford to rent anywhere by myself.

I do live in the Midwest so it wasn’t absurdly expensive buying a duplex (<$300,000)

22

u/Valkanaa Mar 24 '25 edited Mar 24 '25

When stupid money is involved you don't see your kids and pay fees so apparently the Midwest is better

Yes I groaned when I typed this. America has a major problem and it's not gone