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Author: decath Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 60120  
Subject: Re: Thanks intercst! Date: 8/15/2007 3:12 PM
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syksix:
Congrats on seeing the light at the end of the tunnel! My goal is to FIRE at 50. We'll see if I make it or not.

The light is dim but I see something! <g> How far do you have to go syker? What, if any, observations in your work psyche have you noticed as you have gotten closer to your FIRE goal?

I have noticed a change of attitude about my career. Several observations, particularly this year as I hit a FIRE asset milestone earlier back in March. That is, I am 1/3 way towards my accumulation goal and according to intercst's spreadsheet, that is when the principle balance really starts taking off at a rapid pace, dwarfing my contributions from income.

Observation #1: I work in IT and have to spend a good deal of personal time keeping up with the latest technologies. However, I'm kind of tired of taking classes, trying to keep up with the 20 something geeks and taking online course on my laptop while DW is reading a novel next to me in bed. Getting laid off last year after 7 years of busting my tail for my boss and company was "eye opening" for me.

I'm now pondering backing off of the .net technologies I've been programming with recently and just riding out the rest of my career on the legacy software tools I know so well. The pay is better and the skills are harder to find by employers. This will give me more free time and less stress with the 7-8 years I have left. It will be harder to find work if I get laid off, but the jobs are out there and they generally pay well.

Observation # 2: Since my FIRE assets have been growing much faster than my contributions the past couple of years, sometimes I get the temptation to just coast. IOW's, perhaps looking for a lesser paying job that is more enjoyable and less time consuming. The drawback is that it will extend the FIRE date out some. It will be interesting to see how this feeling developes as I get closer to the FIRE date.

decath
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