• yenahmik@lemmy.worldM
    3·
    10 months ago

    What’s your FIRE number? How close are you to achieving it?

    I’m generally targeting $1,000,000 but could probably pull the plug sooner. I’m just under the halfway mark in pure $$$.

    • runawaycorvid@lemmy.worldEnglish
      5·
      10 months ago

      $2 mil for some lavish comfort and not having to stress so much about a strict budget, or $1.8 mil for a easily doable 3.5% withdrawal rate. For both numbers I would want a paid off house to be able to manage my tax situation better.

      I’m at about $700K in savings/retirement, $200K in home equity which doesn’t really count for anything in this scenario, and $250K left on my mortgage. So… not that close but honestly not that far if all goes well. Hopefully eight years or so.

    • FancyPantsFIRE@lemm.eeEnglish
      4·
      10 months ago

      My pie in the sky number is $4.5M, we’re about two thirds of the way there after working for 15 years. There’s a good chance I throw in the towel sooner, though, I’m super burnt out.

      • yenahmik@lemmy.worldM
        4·
        10 months ago

        Hah, I guess I should have also included how long have you been pursuing FIRE? I’ve been chipping away for 8 years now.

  • yenahmik@lemmy.worldM
    2·
    10 months ago

    Of course, the one time I decide to skip the All Hands meeting it’s the one where they make a major announcement about layoffs.

    I’m pretty sure I’m safe, but in the off chance I am let go, I’m definitely dreaming about taking the rest of the year off before finding a new job in 2024…

    • thecitywelivein@lemm.ee
      1·
      9 months ago

      A friend took 7 months off between jobs and said it was the best decision ever. It was a full reset after being burned out. You should go for it!