Tried so hard during my 20s to achieve FIRE because I hated to work (for a boss)

I drove a Hyundai accent that I bought for $3500 and lived with roommates until I was 30 in one of the most ghetto places in Canada (Scarborough)

Now as I approach 40 (yikes) - my savings should carry me the rest of the way through life without any income.

But Now in a weird matrix where I should be drawing down on my savings and enjoying life, but saving and investing is such an ingrained habit that I feel physically ill spending money, especially in a bear market

But saving to what end? How luxurious does a ā€œretirementā€ need to be? Spending now while I still have energy feels like a better move than being super rich when I’m 60?

Just thinking out loud while I’m on the can

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:turtlehappy_sm: Ɨ 1

Yeah having FI is ideal.

I’m still figuring out what I should do to accomplish that since I haven’t specialized in anything unfortunately.

Reply to Jordan The Nostr Miner šŸ«Ŗā€¦

Fair point, I didn’t really consider that šŸ˜….

Well, in any cases it’s good you were able to build something that lets you retire early.

I’m 29, and still building, I’m unsure if I’ll be able to hit FIRE but I’m thinking coast fire is feasible for me by 35, which is better than nothing.

For me, being able to retire at all is the goal, even if I have to wait until 70 to do it.

But ideally retiring by 40 would be nice but is currently unlikely.

Reply to Jordan The Nostr Miner šŸ«Ŗā€¦
Zap

šŸ‘

What about the dividends?

My goal is to build a portfolio that can fuel itself, & fuel me.

I know that’ll cost about $2 million in today’s money for about $100,000/year.

Right now, I’m shooting for Coast Fire in the short term but if my income does increase I’ll go for FIRE proper.

Reply to Jordan The Nostr Miner šŸ«Ŗā€¦
42 sat
111 sat

Stay Blessed

Zap
21 sat

Only poor or sick people really, truly retire. Everyone else just does different work, than before, or cuts their hours or freelances. It just means you are well-situated enough to spend more of your time doing what you like.

Welcome to the club.

Reply to Silberengel…

Congrats on your continued saving!

Reply to stupleb…

Put a woman in charge of your spending.

Reply to stupleb…
Zap

āš”ļø

21 sat