tearsforfears
Confused about dryer sheets
- Joined
- Feb 15, 2019
- Messages
- 8
And I am planning on retiring in exactly 13 months, after my final ESPP sale and yearly bonus from my job.
My initial plan was to retire 1 year ago, but fear, greed, and some other stuff made me rethink my plans and delay things.
Honestly I'm not sure if I am even going to follow through with retirement next year. My biggest issue is, FOMO - Fear of Missing out.
I have about 1.6 mil saved up in real estate and savings. I DO NOT invest in the stock market. Long term or short term, I've been burned too many times, and refuse to put money into a risky investment instrument so the only investing I do is real estate which I rent out, mortgage free.
Speaking of mortgage, I have 0 debt. I have a wife and one school aged child.
My fear is, missing out on future promotions, bonuses, salary, growth etc. However, I also hate my job, the industry I work in, and just missing out of being with my family, being in nature, and traveling.
After I retire I will have income from two rental properties of about 3000 a month, plus interest, and probably a couple more rentals soon, so it could go somewhere around 5000 a month, which I will be handing over to a property management if I move abroad to save money on living expenses.
Anyway just here to say hello, and I welcome any comments from people who were or are in the same situation I am in.. I just need someone to nudge me forward to make the move. Thanks!
My initial plan was to retire 1 year ago, but fear, greed, and some other stuff made me rethink my plans and delay things.
Honestly I'm not sure if I am even going to follow through with retirement next year. My biggest issue is, FOMO - Fear of Missing out.
I have about 1.6 mil saved up in real estate and savings. I DO NOT invest in the stock market. Long term or short term, I've been burned too many times, and refuse to put money into a risky investment instrument so the only investing I do is real estate which I rent out, mortgage free.
Speaking of mortgage, I have 0 debt. I have a wife and one school aged child.
My fear is, missing out on future promotions, bonuses, salary, growth etc. However, I also hate my job, the industry I work in, and just missing out of being with my family, being in nature, and traveling.
After I retire I will have income from two rental properties of about 3000 a month, plus interest, and probably a couple more rentals soon, so it could go somewhere around 5000 a month, which I will be handing over to a property management if I move abroad to save money on living expenses.
Anyway just here to say hello, and I welcome any comments from people who were or are in the same situation I am in.. I just need someone to nudge me forward to make the move. Thanks!