Q for you...many have reached the many comma mark and post...are you concerned about announcing it to the cyber-world?Asking...as I would love to join you when ready...but it's an odd thing (for me)...announcing finances to cyber-space. When you can't talk about it with family.What do you think....be a sleeper or not?nag
For me, I shared in a place where people would generally recognize the achievement but not be jealous or petty about it.
I agree with Fred in that we all share some common traits on a board dedicated to FIRE: frugality, diligent saving, and a desire to do something more with our time/life than just work for income.Also, many of us are anonymous here.In my own sphere, my wife (of course) knows how much we have accumulated. My dad and one long-time friend know a ballpark figure. I think it is a good idea to think carefully about a person before revealing this information. How are they likely to react given their own circumstances and viewpoints on finance? Will it change the relationship in a fundamental way?Eventually, when you reach FIRE and, perhaps, retire, you have to decide whether you will be "stealth retired" or open about it. Stealth retired might just mean that you tell people you take occasional consulting work or you are working as family CFO or something.I think I will prefer the more open approach of just saying I have accumulated enough and would rather spend my time doing things other than work(*). I could understand someone being jealous of that, but to be really petty and let it poison your relationship would perhaps reveal something unsavory about their character.(*) By work I mean unsatisfying work done at the behest of someone else. I would instead "work" on my own projects and interests, possibly with a chance of earning income from some of them. And I would certainly allow myself more leisure time.cheers,-progmtl.
Thanks, serious food for thought.Especially the Do Something Different for a second life.We have, before The Fool existed, been frugal and have done some investing.And so...We are in a place that most our age are not.Interesting....perhaps the planning for my next 'working life' will get me through the next few years.nagps loved the 'Stealth' part, that's where we are at now...but it's hard. Not because we want to talk about it...but because everyone brings up their horrible bill/finance problems - it's hard to commiserate sometimes
I don't tell a soul, except for my wife.Why tell potential swindlers, crooks, and thieves you are a rewarding target?It's probably kind of dumb to announce it to the cyber world, but I'm pretty anonymous on here, or try to be anyway.V
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |