The Motley Fool Discussion Boards
Retirement Discussions / FIRE Wannabees
|Subject: Re: I have officially arrived!||Date: 3/1/2014 6:06 PM|
|Author: whyohwhyoh||Number: 5048 of 5068|
I've been dreaming of an early retirement since I got out of school in 1997, but the REH website is really the go to website for anyone striving for this goal. I came across that website maybe around 2003, after I was well on my way towards a plan in place, and it accelerated my motivation. My goal was to work only 20 years, but with kids it's stretching out further. However, Obamacare might also help to pull it in, along with some recent strides in my career. Ironic how Obamacare really helps the 1%ers retire early and screws the middle class, like my sister.
Anyway, Metal's posts have had me back in the spreadsheets trying to figure out how to pull in FIRE. I need about 2.7E6 not including home equity for our situation, and I put together a 6-10 year plan, maximizing savings and risk. Seeing that I may only have 6 years, I've pushed forward at work at what hopefully is my final stretch. I manage about 15 engineers at the moment, and have agreed to be next in line to expand up one more level to manage ~50. We'll see.
As Metal mentioned, FIRE isn't something I discuss at work. Most work until 60+, and I still smile inside knowing I am way ahead of pretty much all 39 yo I work with, but would be career limiting to discuss.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|